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Cost of living: Nashville, TN vs Salt Lake City, UT (2024)

Quick answer

Overall prices in the Nashville, TN metro were 96.3 vs 100.9 in Salt Lake City, UT in 2024 (US = 100), so Nashville is 4.5% less expensive than Salt Lake City; housing rents differ by 15% (104.6 vs 123.3). A $75,000 income in Nashville buys about what $78,527 buys in Salt Lake City, 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)NashvilleSalt Lake CityNashville vs Salt Lake City
All items96.3100.9-4.5%
Goods96.296.4-0.2%
Housing (rents)104.6123.3-15.2%
Utilities72.079.0-8.9%
Other services95.199.0-3.9%
All items, 200895.798.5-2.8%
$50,000 in Nashville equals in Salt Lake City$52,351
$100,000 in Nashville equals in Salt Lake City$104,702
$150,000 in Nashville equals in Salt Lake City$157,053

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

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