Quality of Life in Nashville, TN for an $86,850 Yearly Income
Cost of Living
- General Overview: Nashville's cost of living is slightly above the national average.
- Groceries and Dining Out: Prices for groceries and dining out are relatively standard, with a slight premium on locally sourced food due to the city's culinary scene.
- Transportation: Costs align with national figures, but public transportation is less comprehensive than in larger cities, potentially increasing reliance on personal vehicles.
Housing Market
- Home Prices: The median home price in Nashville is higher than the national average.
- As of recent data, it sits around $400,000, compared to the national median of approximately $360,000.
- Renting: Renting can also be costly, with average one-bedroom apartments priced above $1,400 per month.
- Real Estate Market: The market is competitive due to the city's ongoing growth and appeal as a cultural hub.
Quality of Life
- Cultural and Recreational Opportunities: Nashville is renowned for its vibrant music scene, numerous parks, and cultural institutions.
- Community and Lifestyle: The city offers a mix of Southern charm and metropolitan amenities, fostering a dynamic living environment.
- Social Life: There is a thriving social scene with a focus on live music, festivals, and dining.
Access to Healthcare
- Healthcare Facilities: Nashville is known for its strong healthcare sector with numerous hospitals and medical facilities.
- Healthcare Costs: Costs can be above the national average due to the presence of several major healthcare institutions.
Quality of K-12 Schools
- Public Schools: Mixed ratings; some schools rank highly while others face challenges with performance disparities.
- Private and Charter Schools: Offer alternatives to the public system, often with competitive entry and tuition costs.
- Educational Environment: Continued investment in educational reform is addressing current issues and improving standards.
Assessment of Quality of Life in Nashville
Overall, someone with an annual income of $86,850 in Nashville, TN, can enjoy a good quality of life. While the cost of living, particularly housing, is above the national average, the income level in question should allow for a comfortable lifestyle. The city offers rich cultural experiences and ample amenities, although careful financial planning towards housing and educational choices is advisable.