Quick answer
Overall prices in the Indianapolis, IN metro were 95.7 vs 96.3 in Nashville, TN in 2024 (US = 100), so Indianapolis is 0.7% less expensive than Nashville; housing rents differ by 15% (88.9 vs 104.6). A $75,000 income in Indianapolis buys about what $75,503 buys in Nashville, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Indianapolis | Nashville | Indianapolis vs Nashville |
|---|---|---|---|
| All items | 95.7 | 96.3 | -0.7% |
| Goods | 94.3 | 96.2 | -2.0% |
| Housing (rents) | 88.9 | 104.6 | -15.0% |
| Utilities | 86.4 | 72.0 | +20.0% |
| Other services | 99.1 | 95.1 | +4.2% |
| All items, 2008 | 96.7 | 95.7 | +1.1% |
| $50,000 in Indianapolis equals in Nashville | $50,335 | ||
| $100,000 in Indianapolis equals in Nashville | $100,671 | ||
| $150,000 in Indianapolis equals in Nashville | $151,006 |
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Last updated 2026-10-16. Data only, not financial or tax advice.