City Comparison

Montpelier vs Nashville

Cost of Living Comparison · 2026

Montpelier

Vermont
117
Above Average
$375,000
Median Home
$1,400/mo
Median Rent
$82,600
Median Income

Nashville

Tennessee
102
Average
$380,000
Median Home
$1,600/mo
Median Rent
$59,828
Median Income

The Verdict

14.7%

The cost gap between these cities is 14.7%, with Nashville being the more affordable option. A $75,000 income in Montpelier has equivalent purchasing power to $65,385 in Nashville.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
131
Montpelier
108
Nashville
Groceries
104
Montpelier
96
Nashville
Utilities
123
Montpelier
92
Nashville
Transportation
107
Montpelier
100
Nashville
Healthcare
107
Montpelier
98
Nashville

Salary Equivalence

A $75,000 salary in Montpelier has the same purchasing power as $65,385 in Nashville.

Conversely, $75,000 in Nashville equals $86,029 in Montpelier.

Living in Montpelier vs Nashville

Housing Costs

Montpelier's housing index of 131 is higher Nashville's 108, translating to median home prices of $375,000 vs $380,000. The $5,000 difference in home prices means roughly $324 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,400/mo in Montpelier compared to $1,600/mo in Nashville, a monthly difference of $200.

Grocery & Food Costs

Grocery expenses index at 104 in Montpelier and 96 in Nashville. A household spending the national average of $475/month on groceries would pay approximately $494/month in Montpelier vs $456/month in Nashville. Nashville offers a meaningful advantage on everyday food costs, saving roughly $456/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 123 in Montpelier and 92 in Nashville. Monthly utility bills average approximately $492 in Montpelier vs $368 in Nashville. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 107 in Montpelier and 98 in Nashville. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 9-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $82,600 in Montpelier and $59,828 in Nashville. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $70,598 and $58,655 respectively. Montpelier residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,927/month to housing in Montpelier vs $1,396/month in Nashville. In Montpelier, median rent of $1,400/mo fits within this budget. In Nashville, median rent of $1,600/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Utilities, where the gap is 31 index points — focus your budget analysis there.

Frequently Asked Questions

Nashville is 14.7% more affordable overall with an index of 102 vs 117.
A $75,000 salary in Montpelier has equivalent purchasing power to approximately $65,385 in Nashville, based on the cost of living difference.
Montpelier's housing index is 131 with median homes at $375,000, while Nashville's is 108 with median homes at $380,000.

Moving & Relocation Resources

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