CostIndexUSA

Clarksville, TN vs Raleigh, NC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableTN
Clarksville
90.9
overall index
$1,350/mo rent
NC
Raleigh
98.2
overall index
$1,650/mo rent

Clarksville is moderately cheaper than Raleigh — 8.0% lower overall cost of living.

To match an $80,000 salary in Clarksville, you would need $86,400 in Raleigh. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+40.2%
Clarksville
73.8
Raleigh
103.5
🛒 Groceries≈ Equal
Clarksville
96.2
Raleigh
96.6
🚗 Transportation+2.8%
Clarksville
100.3
Raleigh
103.1
🏥 Healthcare+2.9%
Clarksville
90.7
Raleigh
93.3
Utilities+22.8%
Clarksville
72.5
Raleigh
89

Salary Equivalency Calculator

Enter your current salary in Clarksville to see what you'd need to earn in Raleigh to maintain the same purchasing power.

$
Equivalent salary in Raleigh, NC
$86,400
$6,400 more needed in Raleigh

Formula: salary × (98.2 ÷ 90.9) = salary × 1.0803. Based on BEA Regional Price Parities.

Housing Market

Clarksville, TN

Median Home Price
$289,000
Median Monthly Rent
$1,350
Housing Index
73.8
Price-to-Rent Ratio
17.8×

Raleigh, NC

Median Home Price
$428,000
Median Monthly Rent
$1,650
Housing Index
103.5
Price-to-Rent Ratio
21.6×

Raleigh has 40.2% higher housing costs compared to Clarksville.

Income & Job Market

Clarksville, TN

Median Household Income
$67,100
Per Capita Income
$38,200
Unemployment Rate
5.6%
Population
166,722
Top Industries
MilitaryHealthcareManufacturingRetailEducation

Raleigh, NC

Median Household Income
$96,100
Per Capita Income
$54,800
Unemployment Rate
3.5%
Population
467,665
Top Industries
TechnologyEducationHealthcareFinanceGovernment

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Clarksville, TN
4.1×income-to-rent ratio

76% of income left after rent (median)

Raleigh, NC
4.9×income-to-rent ratio

79% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.