Quality of Life in Nashville, TN
Income Overview
- Annual Salary: $86,850
- Comparison to Median Income: Slightly above the median household income in Nashville, providing a comfortable lifestyle.
Cost of Living
- Overall Cost of Living: Slightly higher than the national average.
- Groceries and Utilities: Prices are comparable to many other mid-sized American cities.
- Transportation: Costs are moderate with access to public transportation and car commuting options.
Housing Market
- Median Home Price: Higher than the national median, driven by a competitive market.
- Rental Options: Available with a range of affordability, though higher prices are common in downtown neighborhoods.
- Homeownership Feasibility: The income can support a mortgage, but it may be challenging to find affordable options in desirable areas without a significant down payment.
Quality of Life
- Cultural Scene: Vibrant music and arts culture, including a strong country music presence.
- Entertainment and Dining: Wide range of restaurants, theaters, and live music venues providing diverse entertainment options.
- Outdoor Activities: Access to parks, hiking trails, and the Cumberland River enhance outdoor recreational opportunities.
Access to Healthcare
- Healthcare Facilities: High-quality hospitals and healthcare centers are available throughout the city.
- Affordability: Healthcare costs are slightly above the national average, partly due to a robust medical services market.
- Insurance: Access to a variety of health insurance options, though costs can vary widely based on choices.
Education and K-12 Schools
- Public Schools: A wide variance in quality, with some schools ranking highly while others may need improvement.
- Private Education Options: Many reputable private and charter schools are available, albeit with higher tuition costs.
- Education Spending: Investment in education is strong, with several initiatives aimed at improving school quality.
Summary of the Assessment
Overall, someone earning $86,850 per year in Nashville, TN, would enjoy a comfortable but not luxurious lifestyle. The city's higher-than-average cost of living, including the competitive housing market, poses challenges but is offset by a rich cultural life, good healthcare access, and various educational opportunities. This income affords access to many amenities that enhance life quality, but careful budgeting is required, particularly regarding housing and healthcare spending.
