Quality of Life in Nashville, TN for a $140,625 Annual Salary
Individuals earning $140,625 a year in Nashville, TN, enjoy a comfortable lifestyle. This salary exceeds the average household income in the United States, offering a cushion against Nashville's modestly rising costs. Below is a breakdown of how this income relates to various aspects of life compared to broader national figures.
Cost of Living
- Overall Affordability: Nashville's cost of living is slightly above the national average. However, with a $140,625 salary, individuals are well-equipped to cover expenses comfortably.
- Utilities and Services: Utility costs, including electricity and water, are reasonable and often align with the national average.
- Groceries and Dining: Dining and grocery expenses are slightly above average, fitting well within the budget for individuals with this salary.
Housing Market
- Median Home Prices: Nashville's housing market has seen an uptick, yet homes remain more affordable than in many other large U.S. cities.
- Home Ownership: On a $140,625 salary, purchasing a mid-priced home in Nashville is attainable with room for other investments.
- Rental Market: Renting is a viable and affordable option. Rental costs are manageable, especially relative to major coastal cities.
Quality of Life
- Cultural Scene: Nashville is renowned for its vibrant music scene and cultural offerings. The city's dynamic cultural life significantly boosts its quality appeal.
- Outdoor and Recreational Activities: Access to parks, lakes, and recreational activities is abundant, supporting a balanced lifestyle for outdoor enthusiasts.
- Safety: The city is generally safe, although, like many urban areas, it has pockets with higher crime rates.
Access to Healthcare
- Healthcare Systems: Nashville hosts a robust healthcare system, home to multiple hospitals and specialized care facilities.
- Cost and Accessibility: Healthcare costs range above the national average; however, comprehensive health insurance through an employer can mitigate expenses.
Quality of K-12 Schools
- Education Standards: Nashville's K-12 education system includes various public, private, and charter schools, with standards that meet national levels.
- Public School Variability: Public school quality can vary significantly, prompting some families to consider private schooling options, within budget for this income level.
Summary
Living in Nashville with a $140,625 salary offers a comfortable standard of living well beyond needs, including housing, healthcare, and education. While living costs