Nashville, NC Cost Of Living

Demographics | Cost Of Living | Photos
Updated: 2020-03-08
Nashville's Overall Cost Of Living
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Nashville is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Nashville, NC?

According to the most recent data on the cost of living, Nashville has an overall cost of living index of 87 which is 0.9x lower than the national index of 100.

Compared to only North Carolina, Nashville has a cost of living index that's 0.9x lower than North Carolina's index of 95.

The standard of living in Nashville ranks as #1128 most affordable out of the 6522 places we measured in North Carolina. By definition, that implies Nashville ranks as the #5279 most expensive place in the Tar Heel State.

For more reading on life in Nashville, check out:

Nashville Cost Of Living Vs. North Carolina

Living Expense Nashville North Carolina National Average
Overall 87 95 100
Services 101 101 100
Groceries 94 98 100
Health 105 108 100
Housing 64 85 100
Transportation 82 94 100
Utilities 99 98 100
For more reading on cost of living around North Carolina, check out:
Nashville Cost of Living Vs. NC

Nashville, NC Housing Cost Breakdown

Housing swings affordability the most between places in North Carolina, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Nashville North Carolina United States
Median Home Value $136,900 $165,900 $204,900
Median Rent $848 $877 $1,023
Median Income $54,505 $52,413 $60,293
Home Value To Income 2.5x 3.2x 3.4x
Rent To Monthly Income 0.19x 0.2x 0.2x

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Cost Of Living In Cities Around Nashville

City Population Cost Of Living Vs. Nashville
Raleigh, NC 457,159 102 1.2x
Cary, NC 163,266 113 1.3x
Greenville, NC 91,207 92 1.1x
Rocky Mount, NC 54,982 87 1.0x
Wake Forest, NC 40,159 108 1.2x
Garner, NC 28,731 96 1.1x
Clayton, NC 20,324 96 1.1x
Knightdale, NC 15,198 97 1.1x
Roanoke Rapids, NC 14,937 88 1.0x
Winterville, NC 9,546 94 1.1x

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