CostIndexUSA

Nashville, TN vs Spokane, WA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableTN
Nashville
96.3
overall index
$1,775/mo rent
WA
Spokane
100.3
overall index
$1,475/mo rent

Nashville is slightly cheaper than Spokane — 4.2% lower overall cost of living.

To match an $80,000 salary in Nashville, you would need $83,300 in Spokane. Calculate your salary ↓

Category Breakdown

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

🏠 Housing7.2%
Nashville
104.6
Spokane
97.1
🛒 Groceries+9.1%
Nashville
96.2
Spokane
105
🚗 Transportation+4.5%
Nashville
99.9
Spokane
104.4
🏥 Healthcare+4.5%
Nashville
90.4
Spokane
94.5
Utilities+26.7%
Nashville
72
Spokane
91.2

Salary Equivalency Calculator

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

$
Equivalent salary in Spokane, WA
$83,300
$3,300 more needed in Spokane

Formula: salary × (100.3 ÷ 96.3) = salary × 1.0415. Based on BEA Regional Price Parities.

Housing Market

Nashville, TN

Median Home Price
$444,000
Median Monthly Rent
$1,775
Housing Index
104.6
Price-to-Rent Ratio
20.8×

Spokane, WA

Median Home Price
$406,000
Median Monthly Rent
$1,475
Housing Index
97.1
Price-to-Rent Ratio
22.9×

Nashville has 7.2% lower housing costs compared to Spokane.

Income & Job Market

Nashville, TN

Median Household Income
$84,700
Per Capita Income
$48,300
Unemployment Rate
2.6%
Population
689,447
Top Industries
HealthcareMusicTourismManufacturingFinance

Spokane, WA

Median Household Income
$72,800
Per Capita Income
$41,500
Unemployment Rate
4.2%
Population
228,989
Top Industries
HealthcareEducationGovernmentManufacturingRetail

Affordability at a Glance

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

Nashville, TN
4.0×income-to-rent ratio

75% of income left after rent (median)

Spokane, WA
4.1×income-to-rent ratio

76% 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.