Nashville-Davidson-Murfreesboro-Franklin, TN Cost of Living & Economic Score

Federal Bureau of Economic Analysis cost-of-living and household-budget data for the Nashville-Davidson-Murfreesboro-Franklin, TN metropolitan statistical area.

C+
InflationRank Score
79 / 100
Solid affordability — better than the U.S. national average.
Metro cost level (RPP)
95.0
5% below U.S. (100)
Cost burden
81
0–100 (higher = cheaper)
Income resilience
72
state-level proxy
State context
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Cost of living in Nashville-Davidson-Murfreesboro-Franklin

According to the U.S. Bureau of Economic Analysis, prices in the Nashville-Davidson-Murfreesboro-Franklin, TN metropolitan area run 5.0% below the U.S. average (Regional Price Parity index 95.0 on a base of 100). That puts Nashville-Davidson-Murfreesboro-Franklin close to the middle of the U.S. cost-of-living range.

For broader state context — including state taxes, insurance, and energy costs that affect every Tennessee household — see the Tennessee state report.

Other Tennessee metros

Compare to similar-cost metros

Buffalo-Cheektowaga-Niagara Falls, NY · RPP 95.0 Asheville, NC · RPP 95.0 Milwaukee-Waukesha-West Allis, WI · RPP 95.0 Columbia, SC · RPP 95.0

Frequently Asked Questions

What is the cost of living in Nashville-Davidson-Murfreesboro-Franklin, TN?

The Nashville-Davidson-Murfreesboro-Franklin, TN metro area has a Regional Price Parity (RPP) of 95.0 (U.S.=100), meaning prices are 5.0% below the national average. Source: U.S. Bureau of Economic Analysis.

Is Nashville-Davidson-Murfreesboro-Franklin an affordable place to live?

Nashville-Davidson-Murfreesboro-Franklin, TN has an InflationRank score of 79/100 (grade C+), reflecting cost of living near the U.S. national average. The metro RPP of 95.0 compares to a U.S. baseline of 100.

How does Nashville-Davidson-Murfreesboro-Franklin compare to other cities for cost of living?

Nashville-Davidson-Murfreesboro-Franklin, TN has a cost-of-living index of 95.0 (U.S.=100), 5.0% below the national average. Similar-cost metros include Buffalo-Cheektowaga-Niagara Falls, NY (RPP 95.0), Asheville, NC (RPP 95.0).

About the InflationRank Score

The InflationRank Score is a proprietary 0–100 composite that summarizes a metro area's cost-of-living and economic conditions on a familiar A–F grading scale. The composite weighs cost level, inflation pressure, and income resilience, sourced from federal government datasets and reviewed annually as federal data refreshes.

Underlying data is drawn from authoritative federal economic agencies and public housing datasets. See full data sources →