Quality of Life in Nashville, TN for a $147,825 Annual Income
Living in Nashville, TN, with an annual income of $147,825 offers a distinct quality of life relative to the cost of living, housing market, healthcare access, and education quality compared to the broader United States.
Cost of Living
- Overall Expenses: Nashville’s cost of living is approximately 5-10% above the national average, primarily due to housing costs.
- Utilities and Transportation: Utilities are moderately priced, and transportation costs, including gas and public transit, are relatively affordable.
- Food and Entertainment: Affordable dining and entertainment options cater to various budgets, making it manageable to enjoy the city's lifestyle.
Housing Market
- Median Home Price: The median home price in Nashville is higher than the national average, driven by its growing economy and desirability as a living location.
- Housing Affordability: At an income of $147,825, purchasing a mid-range home in Nashville is feasible. Mortgage or rent payments will comfortably fit within a typical budget.
- Neighborhood Choices: Diverse neighborhoods provide a range of housing options from urban apartments to suburban homes, accommodating different lifestyle preferences.
Quality of Life
- Cultural Scene: Renowned for its music and arts scene, Nashville offers a vibrant cultural life, including concerts, festivals, and museums.
- Recreational Opportunities: Numerous parks and recreational areas provide ample opportunities for outdoor activities.
- Community and Safety: As a growing city, Nashville maintains a friendly community feel, although safety levels may vary by neighborhood.
Access to Healthcare
- Healthcare Facilities: Nashville is home to several top-notch hospitals and healthcare facilities, offering comprehensive medical services.
- Healthcare Costs: Healthcare expenses are slightly above the national average, but resources are plentiful for those with insurance coverage.
Quality of K-12 Schools
- Public Schools: The quality of public schools in Nashville can vary widely. Some areas boast highly-rated schools, while others may require more investment.
- Private Education: Various private schools provide excellent educational opportunities, though at an additional cost.
- School Choice: Parents have options for charter schools and magnet programs, adding to the diversity of education choices.
Summary
An individual earning $147,825 annually in Nashville, TN, can expect a relatively high quality of life. While the cost of living, particularly
