Nashville-Davidson, TN vs. Portland, OR: Cost of Living
Side-by-side comparison of Nashville-Davidson and Portland, built from Census Bureau ACS 2020-2024 estimates.
The numbers
| Measure | Nashville-Davidson, TN | Portland, OR | Difference |
|---|---|---|---|
| Population | 690,130 | 641,165 | -7.1% |
| Median household income | $77,371 | $90,919 | +17.5% |
| Median gross rent (monthly) | $1,586 | $1,655 | +4.4% |
| Median home value | $413,600 | $581,500 | +40.6% |
Difference is Portland, OR relative to Nashville-Davidson, TN.
Purchasing power
Using state-level price parities (BEA RPP 2024: Tennessee 91.9, Oregon 103.4, U.S. = 100), a $100,000 salary in Nashville-Davidson, TN buys about as much as $112,508 in Portland, OR.
State-level price index; city prices within a state vary. See methodology.
Housing affordability
| Measure | Nashville-Davidson, TN | Portland, OR |
|---|---|---|
| Salary needed for median rent (30% rule) | $63,440 | $66,200 |
| Rent burden at local median income | 24.6% | 21.8% |
| Est. affordable home price at median income | $282,244 | $331,667 |
Home price assumes 6.67% 30-yr rate (FRED, 2026-08), 20% down, 28% front-end DTI, 1.5%/yr taxes+insurance. Not financial advice.
Full city profiles
About this data
- American Community Survey 5-Year Estimates — data period 2020-2024, retrieved August 13, 2026.
- Regional Price Parities — data period 2024, retrieved August 13, 2026.
- Federal Reserve Economic Data — data period 2026-08, retrieved August 13, 2026.
Figures are shown exactly as published by the source or derived by the documented formulas on our methodology page. Where a source suppresses an estimate, we show “—” rather than a substitute value.