Cost of Living in Nashville, NC

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

Cost of Living Overview

Overall Index

99.7

100 = national avg

-0.3 vs national average

Living Wage (1 Adult)

$43,880

per year

Living Wage (Family of 4)

$103,717

per year

Cost Index by Category

Housing
102.7
Food
98.6
Transportation
97.2
Healthcare
98.9
Utilities
99.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$918

per month

2 Bedroom

$1,143

per month

The overall cost of living index in Nashville is 99.7, which is 0.3% below the national average. Housing costs are above the national average at an index of 102.7. A single adult needs to earn approximately $43,880 per year to cover basic expenses.