Quality of Life in Nashville, TN on a $139,050 Salary

Cost of Living

Overview:

• Nashville, TN, has a cost of living index of about 101.4, slightly above the national average of 100.
• Expected expenses in Nashville are higher than average, especially in housing and healthcare.

Breakdown:

• Groceries: Costs are moderately higher than national averages. This represents a small increase in monthly expenses.
• Utilities and Transportation: Slightly higher utility bills and transportation costs due to the city's infrastructure and climate.

Housing Market

Housing Costs:

• The median home price in Nashville is around $350,000, aligned with the national median but increasing due to high demand.
• A $139,050 salary can comfortably accommodate mortgage payments for an average home.

Rental Market:

• Renting in Nashville is competitive; however, the costs are manageable for higher income earners.
• Average rent for a one-bedroom apartment ranges from $1,200 to $1,500.

Quality of Life

Community and Culture:

• Known for its vibrant music scene, Nashville offers rich cultural and recreational activities.
• The city has a strong sense of community, with numerous events and festivals throughout the year.

Safety:

• Nashville reports mixed safety ratings, with some areas being very safe and others having higher crime rates.

Access to Healthcare

Healthcare Quality:

• Nashville boasts several high-quality hospitals and healthcare systems, making medical care easily accessible.
• Healthcare expenses are above the U.S. average but reflect the quality provided.

Health Insurance:

• With a $139,050 salary, residents can comfortably afford comprehensive health insurance plans.

Quality of K-12 Schools

Public Schools:

• The quality of public schools varies significantly by district, with some highly rated schools and others needing improvement.

Private and Charter Schools:

• A wide range of private and charter schools offers higher-quality education options.
• Tuition costs for private institutions can be high but affordable with a higher income.

Summary of the Assessment

A salary of $139,050 in Nashville, TN provides a good quality of life despite the slightly higher cost of living and housing expenses compared to national averages. The vibrant cultural scene, decent healthcare access, and varied educational options contribute significantly to a satisfying lifestyle. However, individuals should carefully choose residential areas based on safety and school quality to fully