Study: Cost Of Living Rising In Nashville

By SOTG News Service

It’s getting more and more expensive to live in Music City, according to a new study. The Nashville Metro area came in at number one GoBankingRates.com’s list of top 10 U.S. cities where the cost of living is rising.

The website conducted a study to identify which cities have seen the largest cost of living increase over a one-year period from 2016-2017, including metrics:

• The increase in the cost of living, including food, rent, utilities, and transportation.
• The increase of income required to live comfortably.

According to the website, the median list price for a home has risen by almost 30 percent—from under $260,000 to nearly $340,000 – from April 2015 to April 2017.

The study found it takes a salary of $70,150 to live in Nashville.

Here’s the full list of cities:

1. Nashville
2. Seattle
3. Louisville
4. Austin
5. Jacksonville
6. Los Angeles
7. Philadelphia
8. Virginia Beach
9. Indianapolis
10. New Orleans

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