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2024 BEA RPP All 4 categories Federal source

Clarksville, TN-KY

Cost-of-living indicators for Clarksville, TN-KY, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.

CBSA: 17300 · Data year: 2024 · Rank: #272 of 387

Clarksville, TN-KY has a cost of living index of 90.9, meaning it's 9.1% less expensive than the national average. Goods cost 3.8% less, services 27.5% less, and rents are 26.2% below average. A $100K national salary has the purchasing power of $109,954 here.

What the Numbers Mean for Clarksville

Clarksville ranks #272 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the lower half by cost. With an overall Regional Price Parity of 90.9, Clarksville, TN-KY is 9.1% less expensive than the national baseline of 100. The gap between Clarksville's most and least expensive categories — the priciest line item versus services at 72.5 — is what drives the household budget experience on the ground, not the single headline number.

Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $109,954 inside Clarksville, while a household needs roughly $90,947 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 73.8 — 26.2% below the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.

Looking at the 2008-2024 trajectory, Clarksville's overall index has stayed within 0.4 points, holding steady versus other U.S. metros. For the 2024 data year, goods are indexed at 96.2 and services at 72.5, meaning everyday spending in Clarksville is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.

Clarksville Cost Index at a Glance

Clarksville all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg10090.9

Clarksville category breakdown

BEA RPP composition by goods, services, rents, overall

Rents73.801Services72.546Goods96.247Overall90.947

Price Index Summary

Overall

90.9

-9.1 below avg

Goods

96.2

-3.8 below avg

Services

72.5

-27.5 below avg

Rents

73.8

-26.2 below avg

Price Index vs National Average (100)

Overall
National avg

Index 90.9 (-9.1 vs national avg)

Goods
National avg

Index 96.2 (-3.8 vs national avg)

Services
National avg

Index 72.5 (-27.5 vs national avg)

Rents
National avg

Index 73.8 (-26.2 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Below National Average

Services -27.5% (72.5)
Rents -26.2% (73.8)
Overall -9.1% (90.9)
Goods -3.8% (96.2)

Income Adequacy in Clarksville

Clarksville income adequacy score

$75,000 median income vs RPP 90.9

0/100100/100100/100

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$90,947

in Clarksville, TN-KY purchasing power

$50,000 nationally
$45,474
$75,000 nationally
$68,210
$125,000 nationally
$113,684
$150,000 nationally
$136,421
$200,000 nationally
$181,894

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has remained relatively stable, changing by only 0.4 points over this period.

Year Overall
2008 90.5
2009 90.0
2010 91.4
2011 93.8
2012 93.0
2013 92.8
2014 92.3
2015 92.5
2016 93.6
2017 92.1
2018 88.6
2019 89.5
2020 88.8
2021 90.4
2022 91.1
2023 91.7
2024 90.9

Metros with Similar Cost of Living

These metros have an overall RPP closest to Clarksville, TN-KY's index of 90.9.

Related Data for Clarksville

Frequently Asked Questions

What is the cost of living in Clarksville, TN-KY?
Clarksville, TN-KY has a Regional Price Parity (RPP) index of 90.9, meaning it is 9.1% less expensive than the national average. Goods are indexed at 96.2, services at 72.5, and rents at 73.8. It ranks #272 out of 387 U.S. metro areas by overall cost.
What salary do I need in Clarksville, TN-KY to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $90,947 in Clarksville, TN-KY. Conversely, $100K earned in Clarksville, TN-KY has the purchasing power of $109,954 at the national average.
How expensive is rent in Clarksville, TN-KY?
Rents in Clarksville, TN-KY are indexed at 73.8, which is 26.2% below the national average. This makes the area relatively affordable for renters.
Is Clarksville, TN-KY getting more expensive?
From 2008 to 2024, Clarksville, TN-KY's overall cost index changed by +0.4 points (from 90.5 to 90.9). The cost of living has remained relatively stable.
What metros have a similar cost of living to Clarksville, TN-KY?
Metros with the most similar overall cost index include Erie, College Station-Bryan, Mankato. These areas have RPP values within a few points of Clarksville, TN-KY's 90.9.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

All federal data sources used on this page