Nashville, NC Cost Of Living

The latest cost of living statistics for Nashville. Includes statistics on rent, mortgages, healthcare, and other costs for Nashville compared to the state and national averages.

Cost of living in Nashville, North Carolina

Cost of living in Nashville research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Nashville is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in North Carolina, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

95 Cost of living index 0.9x lower vs US
#55 Cheapest in North Carolina (of 159)
#1,818 Cheapest in the U.S. (of 6,489)
$257,559 Median home value
$1,073 Median rent
$61,000 Median income
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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 95, which is 0.9x lower than the national index of 100.

Compared to North Carolina, Nashville has a cost of living index that's 1.0x lower than North Carolina's index of 95.

The standard of living in Nashville ranks as #55 most affordable out of the 159 places we measured in North Carolina. By definition, that implies Nashville ranks as the #104 most expensive place in the Tar Heel State.

For more reading on life in Nashville, check out:

Nashville Cost Of Living Vs. North Carolina

Six factors go into calculating the cost of living index in Nashville. Here is how it fares on each of the criteria:

  • The Services index in Nashville is 99.

  • The Groceries index in Nashville is 100.

  • The Health index in Nashville is 83.

  • The Housing index in Nashville is 98.

  • The Transportation index in Nashville is 99.

  • The Utilities index in Nashville is 98.

Living Expense Nashville North Carolina National Average
Overall 95 95 100
Services 99 98 100
Groceries 100 98 100
Health 83 89 100
Housing 98 100 100
Transportation 99 97 100
Utilities 98 101 100

Nashville Cost Of Living Compared To North Carolina Averages

Services
Nashville 99
North Carolina avg 98
Groceries
Nashville 100
North Carolina avg 98
Health
Nashville 83
North Carolina avg 89
Housing
Nashville 98
North Carolina avg 100
Transportation
Nashville 99
North Carolina avg 97
Utilities
Nashville 98
North Carolina avg 101

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around North Carolina, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Nashville, NC Housing Cost Breakdown

$257,559Median Home Value
$1,073Median Rent
$61,000Median Income

Housing swings affordability the most between places in North Carolina, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Nashville is $257,559.

  • The Median Rent in Nashville is $1,073.

  • The Median Income in Nashville is $61,000.

  • The Home Value To Income in Nashville is 4.2x.

  • The Rent To Monthly Income in Nashville is 0.21x.

Statistic Nashville North Carolina United States
Median Home Value $257,559 $336,407 $332,700
Median Rent $1,073 $1,228 $1,413
Median Income $61,000 $72,388 $80,734
Home Value To Income 4.2x 4.6x 4.1x
Rent To Monthly Income 0.21x 0.2x 0.21x

Nashville, NC Costs By Category

Detailed Nashville Services costs vs. North Carolina
Item Nashville North Carolina
Shampoo $1.09 $1.28
Movie $10.27 $12.13
Bowling $11.0 $18
Haircut $19.0 $24.26
Beauty Salon $29.58 $45.56
Detailed Nashville Groceries costs vs. North Carolina
Item Nashville North Carolina
Ground Beef $5.93 $5.84
Fried Chicken $1.59 $1.57
Milk $4.57 $4.67
Potatoes $5.18 $4.93
Pizza $10.47 $12.09
Beer $10.29 $10.41
Toothpaste $3.65 $3.7
Detailed Nashville Health costs vs. North Carolina
Item Nashville North Carolina
Optometrist $141.56 $125.68
Doctor $136.38 $135.78
Dentist $100.17 $113.29
Detailed Nashville Transportation costs vs. North Carolina
Item Nashville North Carolina
Gasoline $3.45 $3.46
Tire Balancing $63.55 $59.92
Detailed Nashville Utilities costs vs. North Carolina
Item Nashville North Carolina
All Electricity $201.14 $193.99
Phone $187.32 $192.25

Nashville SnackAbility

6Overall SnackAbility
Jobs 5/10
Housing 7/10
Affordability 8/10
Diversity 8.5/10
SafetyN/A
Amenities 8/10
Education 8.5/10
Commute 8/10

Cost Of Living In Cities Around Nashville

The cost of living varies in the cities and towns around Nashville. Here's a quick look at the cost of living in the most populous nearby places:

  • Raleigh, NC has a cost of living index of 116, 1.2x Nashville.

  • Cary, NC has a cost of living index of 123, 1.3x Nashville.

  • Greenville, NC has a cost of living index of 95, 1.0x Nashville.

City Population Cost Of Living Vs. Nashville
Raleigh, NC 481,031 116 1.2x
Cary, NC 179,306 123 1.3x
Greenville, NC 92,857 95 1.0x
Rocky Mount, NC 54,297 88 0.9x
Wake Forest, NC 52,844 117 1.2x
Garner, NC 34,473 104 1.1x
Clayton, NC 29,320 102 1.1x
Knightdale, NC 20,214 107 1.1x
Roanoke Rapids, NC 14,856 88 0.9x
Wendell, NC 13,064 102 1.1x