Cost of Living in Nashville, NC
Population 5,672 · North Carolina · Data vintage 2023
(100 = US avg)
Nashville offers a notably favorable income-to-housing ratio for its region. The typical home — $192,000 — costs less than 3 times median household income of $63,553, a threshold many coastal markets passed a decade ago. A poverty rate near 21% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.
Located 40 miles east of Raleigh, Nashville falls within that metro's commuting orbit. Median home values run roughly 49% lower than Raleigh's $378,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Nashville
The median home value in Nashville is $191,700 — 37% below the national median of $305,000. Median rent runs $1,009/month, 23% lower than the national median of $1,314/month. The median household income of $63,553/year is 15% lower than the US median of $74,580. The local unemployment rate is 12.8%, above the national average of 4.8%. North Carolina's top state income tax rate is 4.5% and the combined sales tax is 7.0%. The climate averages highs of 71.8°F and lows of 49.3°F. Overall, Nashville has a cost of living index of 68 versus the US average of 100, meaning it is 32% less expensive.
Nashville has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 52 | 55 | 63 | 73 | 80 | 87 | 91 | 88 | 83 | 73 | 63 | 55 |
| Low °F | 31 | 33 | 39 | 48 | 56 | 65 | 69 | 68 | 62 | 50 | 39 | 34 |
| Precip" | 3.51 | 2.87 | 3.97 | 3.61 | 2.92 | 3.90 | 4.59 | 4.92 | 4.91 | 3.16 | 3.09 | 2.93 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Nashville, NC?
Nashville has a cost index of 68 (100 = national average). It is 32% below the national average.
What is average rent in Nashville, NC?
The median gross rent in Nashville is $1,009 per month based on 2023 Census data.
What is the average home price in Nashville?
The median home value in Nashville is $191,700 according to Zillow and Census data.
What is the median income in Nashville?
The median household income in Nashville is $63,553 per year (2023 ACS 5-year estimates).
What is the sales tax in Nashville, NC?
The combined state and local sales tax rate in Nashville is 7.0%. The North Carolina state income tax top rate is 4.5%.
Is Nashville, NC affordable?
Yes, Nashville is generally considered affordable, with a cost of living index of 68 — about 32% below the US national average of 100.
What is the weather like in Nashville?
Nashville has average high temperatures of 71.8°F and average lows of 49.3°F. Annual precipitation is 44.4". Data from NOAA 1991–2020 Climate Normals.
Nashville at a Glance
- Population
- 5,672
- Median Income
- $63,553
- Home Value
- $191,700
- Median Rent
- $1,009/mo
- Unemployment
- 12.8%
- Avg High Temp
- 71.8°F
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
North Carolina Rankings
Similar Cost Cities
Cities in other states with comparable housing costs