Quality of Life in Nashville, TN for a $118,950 Salary

Overview

Living in Nashville, TN, on a salary of $118,950 provides a reasonably comfortable lifestyle relative to the cost of living and home prices when compared to the broader United States. Below is an assessment covering various aspects including the cost of living, housing market, quality of life, access to healthcare, and quality of K-12 schools.

Cost of Living

• General Cost Comparison: Nashville's cost of living is slightly above the national average, particularly in housing and transportation. Other essential expenses such as groceries and utilities are closer to or slightly above the average U.S. costs.

• Income Consideration: Earning $118,950 allows for financial flexibility and comfort, as the median household income in Nashville is lower than this. This salary provides room for savings, leisure activities, and unforeseen expenses.

Housing Market

• Average Home Prices: The median home price in Nashville is higher than the national average, reflecting the city’s popularity and growth. However, it is still more affordable compared to major metropolitan areas like New York or San Francisco.

• Affordability: With a $118,950 salary, buying a home is achievable. Monthly mortgage payments are within a manageable range, enabling homeowners to take advantage of appreciation in a growing market.

Quality of Life

• Entertainment and Culture: Nashville offers a vibrant cultural scene with a mix of music, food, and entertainment which contributes significantly to a high quality of life. The city hosts numerous live music events and cultural festivals, providing diverse leisure options.

• Environment and Infrastructure: A blend of urban living and access to green spaces ensures a balanced lifestyle. Traffic congestion can be an issue during peak hours, but public transport is gradually expanding.

Access to Healthcare

• Healthcare Facilities: Nashville is home to several top-ranked hospitals and healthcare providers, ensuring good access to medical services. The presence of major healthcare companies in the city improves both access and quality of care.

• Insurance and Costs: While healthcare costs are generally high nationwide, the salary level supports adequate health insurance coverage, ensuring access to quality services without substantial financial burden.

Quality of K-12 Schools

• Public and Private Schools: The quality of public K-12 education varies across neighborhoods. Some areas offer highly rated public schools, while others can be less consistent. Private schools provide excellent