Cost of Living in Nashville, IL

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

94.4

100 = national avg

-5.6 vs national average

Living Wage (1 Adult)

$41,529

per year

Living Wage (Family of 4)

$98,160

per year

Cost Index by Category

Housing
91.6
Food
97.2
Transportation
94.4
Healthcare
97.8
Utilities
96.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$836

per month

2 Bedroom

$916

per month

The overall cost of living index in Nashville is 94.4, which is 5.6% below the national average. Housing costs are below the national average at an index of 91.6. A single adult needs to earn approximately $41,529 per year to cover basic expenses.