Regional Price Parity Comparison
Income

North Carolina vs Tennessee: Regional Price Parity

Tennessee has a lower official price level than North Carolina.

North Carolina flag
North Carolina
NC • South
95.2
Official price level relative to the national average (100 = U.S. average).
Tennessee flag
Tennessee
TN • South
Winner
92.0
Official price level relative to the national average (100 = U.S. average).

Visual Comparison

North Carolina 95.2
Tennessee 92.0

Difference: 3.2 points — Tennessee leads.

Related Context

Price Parity in Context

Regional price parity is the government's official measure of how expensive a state is relative to the US average.

Metric
North Carolina
Tennessee
Cost of Living Index
96.4
92.0
Median Household Income
$63,947
$62,166
Median Home Value
$273,600
$269,600
Gas Price
$3.931/gal
$3.852/gal
Electricity Rate
13.68 c/kWh
13.10 c/kWh

What This Means

North Carolina vs Tennessee: Regional Price Parity in context

Tennessee has a regional price parity of 92.0, compared with 95.2 in North Carolina. Official price level relative to the national average (100 = U.S. average).

North Carolina
95.2
Tennessee
92.0
Difference
3.2 points

People Also Ask

North Carolina vs Tennessee Regional Price Parity — Common Questions

Q What is North Carolina's regional price parity?

North Carolina's regional price parity is 95.2.

Q What is Tennessee's regional price parity?

Tennessee's regional price parity is 92.0.

Q Which state has a lower regional price parity — North Carolina or Tennessee?

Tennessee has a lower official price level than North Carolina.

More Comparisons: North Carolina vs Tennessee

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Sources: Core demographic data comes from the 2020 U.S. Census, with land area from U.S. Census Bureau TIGER files. Income, housing, affordability, and tax fields are maintained in our comparison dataset, with minimum wage data from the U.S. Department of Labor, gas prices from AAA, and electricity rates from the U.S. Energy Information Administration. Political control and election fields use 2024 presidential results together with National Conference of State Legislatures data. Gun-law labels use the Giffords scorecard, alcohol system data comes from NABCA, and marijuana status uses NCSL's state cannabis laws tracker.