Quality of Life in Nashville, TN with an Income of $119,100
Living in Nashville, TN, with an income of $119,100 per year offers a quality of life that is fairly comfortable, given the city's cost of living and housing market. Below is an in-depth look at various factors that impact the quality of life for someone earning this income in Nashville.
Cost of Living
- Comparison to National Average: Nashville's cost of living is slightly higher than the national average. However, with an income of $119,100, many residents find it manageable.
- Key Expenses:
- Housing: A significant portion of the budget goes towards housing, which is more expensive than many other U.S. cities.
- Utilities & Groceries: These are generally in line with national averages, making everyday living expenses approachable.
- Transportation: The need for a car is common, but related expenses fall within a reasonable range compared to other urban areas.
Housing Market
- Median Home Price: The median home price in Nashville trends higher than the national average but provides opportunities for moderate housing selection.
- Renting vs. Buying: With elevated housing prices, renting is a practical option, although buying remains feasible with the given income.
Quality of Life
- Cultural Amenities: Nashville offers rich cultural experiences, including music, dining, and arts, contributing to a vibrant lifestyle.
- Outdoor Recreation: Numerous parks and green areas provide ample outdoor activities.
- Community Atmosphere: Known for its friendly community, Nashville lends a small-town feel with big-city amenities.
Access to Healthcare
- Healthcare Facilities: Nashville is home to several reputable hospitals and healthcare centers, ensuring quality care.
- Insurance Affordability: With a $119,100 income, healthcare insurance is affordable, providing access to a variety of services without excessive financial strain.
Quality of K-12 Schools
- Public Schools: Nashville offers a mix of high-performing and average public schools, with some variability based on the neighborhood.
- Private and Charter Schools: There are multiple private and charter schools available, providing additional educational options.
Summary of Assessment
Living in Nashville with an annual income of $119,100 provides a quality of life that is balanced with the regional cost of living. While housing costs are higher, other living expenses remain manageable. The city offers a