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Cost of living: Nashville, TN vs Raleigh, NC (2024)

Quick answer

Overall prices in the Nashville, TN metro were 96.3 vs 98.2 in Raleigh, NC in 2024 (US = 100), so Nashville is 1.9% less expensive than Raleigh; housing rents differ by 1% (104.6 vs 103.5). A $75,000 income in Nashville buys about what $76,416 buys in Raleigh, 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)NashvilleRaleighNashville vs Raleigh
All items96.398.2-1.9%
Goods96.296.6-0.4%
Housing (rents)104.6103.5+1.1%
Utilities72.089.0-19.1%
Other services95.198.2-3.1%
All items, 200895.797.0-1.4%
$50,000 in Nashville equals in Raleigh$50,944
$100,000 in Nashville equals in Raleigh$101,888
$150,000 in Nashville equals in Raleigh$152,832

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

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