Quality of Life in Nashville, TN on a $117,675 Income

Overview

Earning $117,675 per year in Nashville, TN offers a comfortable quality of life, particularly when evaluated against the broader United States. This income level is above the median household income, allowing residents to manage expenses and enjoy various lifestyle components efficiently.

Cost of Living

• General Cost: Nashville's cost of living is lower than in many metropolitan areas, providing better value in everyday expenses like groceries, transportation, and utilities.
• Comparison: The cost of living index in Nashville is approximately 102, slightly above the national average of 100. This indicates some expenses may be marginally higher, but manageable with the given salary.

Housing Market

• Median Home Prices: The housing market in Nashville has seen growth over recent years. As of the latest data, the median home price is around $400,000.
• Affordability: With a $117,675 income, purchasing a median-priced home is feasible, especially with current interest rates and various mortgage options.

Quality of Life

• Lifestyle: Nashville offers a vibrant cultural scene, with music, dining, and entertainment readily accessible.
• Outdoor Activities: The city provides numerous parks, trails, and recreational areas for outdoor enthusiasts.

Access to Healthcare

• Healthcare Facilities: Nashville is home to a robust healthcare infrastructure, including several major hospitals and specialty clinics.
• Healthcare Costs: While healthcare costs can be a concern in any city, Nashville's medical services are comprehensive and conveniently located.

Quality of K-12 Schools

• Public Schools: Nashville has a mix of highly-rated public schools in areas like Williamson County, offering strong educational opportunities.
• Private Schools: The city also boasts a variety of private school options respected for their academic programs and extracurricular activities.

Summary

Living in Nashville, TN, on an income of $117,675 per year provides a good quality of life. Residents can enjoy a balance of affordable living, vibrant city life, access to quality healthcare, and good educational facilities, all contributing to an enriching lifestyle compared to broader national standards.