Quality of Life Assessment for a $79,425 Salary in Nashville, TN
Overview
Nashville, TN, often known as Music City, is renowned for its vibrant culture, music scene, and robust economy. When assessing the quality of life for someone earning $79,425 annually, several factors such as cost of living, housing market, healthcare, and education must be considered in comparison to the national averages.
Cost of Living
- General Cost: Nashville's overall cost of living is slightly above the U.S. average but remains manageable on a $79,425 salary.
- Groceries and Utilities: Prices for groceries and utilities in Nashville are near the national average, allowing for reasonable monthly budgeting.
- Transportation: Public transportation is limited, often necessitating a personal vehicle which adds to transportation costs.
Housing Market
- Median Home Prices: The median home price in Nashville is higher than the national average but provides a variety of options from urban apartments to suburban homes.
- Renting vs. Buying: Renting is a viable option due to the comingling of urban lifestyle with suburban comfort, accommodating varying lifestyles and budget constraints.
- Property Taxes: Property taxes are moderate, contributing positively to the affordability of home ownership.
Quality of Life
- Cultural and Recreational Activities: With a rich music heritage, numerous cultural events, parks, and recreational facilities, Nashville provides a high-quality lifestyle.
- Dining and Entertainment: A diverse array of dining options and entertainment venues are available, catering to all tastes and budgets.
- Community and Safety: A strong sense of community presence and a relatively safe urban environment enhance livability.
Access to Healthcare
- Healthcare Facilities: Nashville offers excellent healthcare services with numerous hospitals and specialized medical facilities.
- Affordability: Healthcare costs are in line with national averages, with insurance plans widely accepted across providers.
- Availability: Residents benefit from short wait times and easy access to both primary care and specialized services.
Quality of K-12 Schools
- Public Schools: The city has a mix of high-performing and average public schools with various educational approaches.
- Private Education: Numerous private schools provide additional options for families seeking alternative education settings.
- Extracurricular Opportunities: Schools are equipped with a range of extracurricular programs that enhance the educational experience.
Summary
A salary of $79,425
