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Cost of living: Philadelphia, PA vs Nashville, TN (2024)

Quick answer

Overall prices in the Philadelphia, PA metro were 102.6 vs 96.3 in Nashville, TN in 2024 (US = 100), so Philadelphia is 6.5% more expensive than Nashville; housing rents differ by 8% (113.1 vs 104.6). A $75,000 income in Philadelphia buys about what $70,454 buys in Nashville, per BEA.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Price index (US = 100)PhiladelphiaNashvillePhiladelphia vs Nashville
All items102.696.3+6.5%
Goods96.896.2+0.6%
Housing (rents)113.1104.6+8.1%
Utilities114.472.0+59.0%
Other services103.195.1+8.3%
All items, 2008106.495.7+11.2%
$50,000 in Philadelphia equals in Nashville$46,969
$100,000 in Philadelphia equals in Nashville$93,939
$150,000 in Philadelphia equals in Nashville$140,908

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Last updated 2026-10-16. Data only, not financial or tax advice.

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