Financial Analyst · Salary Comparison · 2026
Financial Analyst Salary: Nashville, TN vs Austin, TX
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Financial Analysts in Nashville, TN and Austin, TX, based on BLS OEWS 2026 data.
1Which City Pays More After Tax?
Higher Gross Salary
✓ Austin, TX
$80,000 vs $92,000
Better Purchasing Power
✓ Austin, TX
$72,727 vs $74,194
Best Take-Home (COL-Adj)
✓ Austin, TX
$67,200 vs $68,555
2
Detailed Comparison
| Metric | Nashville, TN | Austin, TX | Diff |
|---|---|---|---|
| Median Annual Salary | $80,000 | $92,000▲ | -$12,000 |
| 25th Percentile | $59,000 | $68,000▲ | -$9,000 |
| 75th Percentile | $104,000 | $120,000▲ | -$16,000 |
| 90th Percentile | $134,000 | $155,000▲ | -$21,000 |
| Cost of Living Index | 110 | 124 | -14 |
| State Income Tax | 0%▲ | 0% | — |
| COL-Adjusted Median | $72,727 | $74,194▲ | -$1,467 |
| Est. Annual Take-Home | $73,920 | $85,008▲ | -$11,088 |
| COL-Adj. Take-Home | $67,200 | $68,555▲ | -$1,355 |
| Total Employment | 7,000 | 9,000 | -2,000 |
▲ = Higher value wins for this metric. Diff = Nashville, TN minus Austin, TX.
3Summary Analysis
On paper, Austin, TX pays $12,000 more (median: $80,000 vs $92,000). However, after adjusting for cost of living (index 110 vs 124), Austin, TX provides better purchasing power ($72,727 vs $74,194 equivalent). Nashville, TN has no state income tax, which is a significant advantage.
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Data: U.S. Bureau of Labor Statistics OEWS · 2026 · Cost-of-living indices from composite metro area data. Take-home estimates approximate only — consult a tax professional for accurate figures.