Quality of Life in Nashville, TN for an Income of $104,325

Overview

Nashville, TN, known for its vibrant music scene and cultural diversity, offers a unique lifestyle and varying cost of living standards. Earning $104,325 annually provides a comfortable life given the specific economic conditions of Nashville compared to broader U.S. standards.

Cost of Living

• Below National Average: Nashville's cost of living is generally below the national average, making it more affordable than many major U.S. cities.
• Affordable Utilities and Groceries: On average, utilities and groceries cost less than the national figures, easing day-to-day expenses.
• Transportation Costs: While public transportation is available, many residents rely on personal vehicles, impacting transportation budgets depending on commuting distances.

Housing Market

• Median Home Price: As of recent data, Nashville's median home price is slightly above some national figures, reflecting its growing popularity and economic growth.
• Rent Costs: Rental prices are more reasonable compared to other bigger metropolitan areas, making it feasible for individuals to consider renting as a cost-effective option.
• Growing Investment: Nashville’s real estate market is considered robust, with opportunities for long-term investments as the city continues to develop.

Quality of Life

• Cultural and Recreational Activities: Known for its rich musical heritage, Nashville offers an array of artistic, cultural, and recreational activities, enhancing the quality of life.
• Community and Social Life: With a friendly and welcoming community, the social life in Nashville is vibrant and inclusive.
• Safety: Generally considered a safe city, although certain neighborhoods may require due diligence regarding safety.

Access to Healthcare

• Healthcare Facilities: Nashville boasts a range of quality healthcare facilities, including renowned hospitals and specialized medical centers.
• Insurance and Healthcare Costs: Insurance options are competitive, but healthcare costs can vary widely depending on specific needs and insurance policies.

Quality of K-12 Schools

• Diverse Options: Nashville offers a mix of public, private, and charter schools, providing diverse education options.
• Variable Performance: The performance ratings of schools can vary significantly, so it is advisable to research specific districts or schools when considering relocation.
• Extracurricular Opportunities: Schools often provide ample extracurricular options in music, arts, and sports, enhancing the overall education experience.

Assessment

For someone earning $104