CostIndexUSA

Clarksville, TN vs Springfield, IL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableTN
Clarksville
90.9
overall index
$1,350/mo rent
IL
Springfield
92.7
overall index
$1,150/mo rent

Clarksville is slightly cheaper than Springfield — 2.0% lower overall cost of living.

To match an $80,000 salary in Clarksville, you would need $81,600 in Springfield. Calculate your salary ↓

Category Breakdown

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

🏠 Housing3.0%
Clarksville
73.8
Springfield
71.6
🛒 Groceries2.7%
Clarksville
96.2
Springfield
93.6
🚗 Transportation+4.3%
Clarksville
100.3
Springfield
104.6
🏥 Healthcare+4.3%
Clarksville
90.7
Springfield
94.6
Utilities+24.7%
Clarksville
72.5
Springfield
90.4

Salary Equivalency Calculator

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

$
Equivalent salary in Springfield, IL
$81,600
$1,600 more needed in Springfield

Formula: salary × (92.7 ÷ 90.9) = salary × 1.0198. 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×

Springfield, IL

Median Home Price
$188,000
Median Monthly Rent
$1,150
Housing Index
71.6
Price-to-Rent Ratio
13.6×

Clarksville has 3.0% lower housing costs compared to Springfield.

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

Springfield, IL

Median Household Income
$72,200
Per Capita Income
$41,200
Unemployment Rate
4.4%
Population
114,230
Top Industries
GovernmentHealthcareEducationFinanceRetail

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)

Springfield, IL
5.2×income-to-rent ratio

81% 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.