Nashville, NC, shows a cost of living that is slightly below the nationwide average. The overall cost of living index for Nashville is 91, which is 9% lower than the national average of 100. This indicates that residents of Nashville generally spend less on essential expenses compared to the average American.
When breaking down the categories, Nashville's housing index at 85 shows a notable 15% reduction compared to the national standard. Conversely, transportation costs in Nashville are just 2% below the average, at 98. Groceries, utilities, healthcare, and miscellaneous expenses also stay close to the national average, with slight variations that keep Nashville's overall index slightly under the 100 mark.
The cost of living index in Nashville, NC, reveals several insights for prospective residents and job seekers. Housing costs in Nashville stand at 85 on the index, which is 15% below the nationwide average. This suggests that housing in Nashville is notably more affordable than the national standard, making it an attractive option for those seeking budget-friendly living arrangements.
Other expenses in Nashville also provide a favorable comparison to the national average. Groceries cost slightly more than the average, sitting at 90 on the index, which is a 10% increase. Utilities, at 95, are just 5% above the average, indicating minimal additional expense for these necessary services. Transportation costs are nearly on par with the national average, with a 2% increase. Healthcare costs, standing at 92, are 2% higher than the average, while miscellaneous expenses are also slightly above the norm at 89, representing a 1% increase. Overall, Nashville offers a cost of living that is generally competitive with or slightly below the national average, making it a practical choice for many individuals.
