Quality of Life for a Memphis Resident Earning $93,225

Cost of Living

• Overall Affordability: Memphis boasts a lower cost of living than the national average, making it relatively affordable for someone earning $93,225.
• Daily Expenses: Groceries, transportation, and utilities tend to be more affordable in Memphis compared to other major U.S. cities.
• Entertainment and Dining: The city offers reasonably priced dining and entertainment options, with a diverse array of cultural and recreational activities.

Housing Market

• Home Prices: The median home price in Memphis is significantly below the national median, allowing individuals with a $93,225 income to afford a modest to moderately spacious home comfortably.
• Rental Market: Renting in Memphis is affordable, with average rental costs lower than the national average, making it an attractive option for those not looking to purchase immediately.
• Property Taxes: Memphis has moderate property taxes compared to the U.S. average, contributing to the overall affordability of homeownership.

Quality of Life

• Community and Culture: Memphis offers a rich cultural landscape with a deep musical heritage, diverse dining scene, and numerous festivals and events.
• Climate: The city experiences a humid subtropical climate, with mild winters and hot summers, suitable for those who enjoy a warmer climate.
• Commute and Transportation: The average commute is relatively short compared to other urban areas, enhancing work-life balance and reducing daily stress.

Access to Healthcare

• Healthcare Facilities: Memphis provides access to several reputable hospitals and healthcare facilities, ensuring residents have quality medical care.
• Costs: While healthcare costs are broadly in line with national averages, access to local clinics and healthcare services remains convenient for residents.

Quality of K-12 Schools

• Public Schools: The quality of public schools in Memphis varies, with some schools performing above average and others needing improvement.
• Private and Charter Schools: There are several well-regarded private and charter schools, providing alternatives for families seeking different educational options.
• Educational Initiatives: The city is home to various educational initiatives and programs aimed at improving educational outcomes for students.

Assessment Summary

Overall, a salary of $93,225 in Memphis, TN, allows for a comfortable lifestyle. The lower-than-average cost of living and housing affordability, coupled with access to a rich cultural environment and essential amenities, makes Memphis an