Quality of Life in Nashville, TN: Income Overview
For an individual earning $139,200 per year in Nashville, TN, the quality of life can be quite comfortable, given the cost of living and housing market dynamics compared to the broader United States. Below are detailed insights into various aspects such as cost of living, housing, healthcare, and education that contribute to the overall quality of life.
Cost of Living
- Overall: Nashville's cost of living is slightly above the national average, which means expenses on housing, groceries, transportation, and healthcare are a bit higher compared to other U.S. cities.
- Groceries & Food: Comparable to national averages, making it relatively affordable for a middle to upper-middle-class income bracket.
- Transportation: Costs are moderate, with options ranging from public transportation to car ownership. Nashville's infrastructure is car-dependent, which might increase overall transportation costs.
Housing Market
- Median Home Price: As of the latest data, the median home price in Nashville is higher than the national median, reflecting the city's growing popularity and demand.
- Affordability: With a salary of $139,200, affording a home is feasible, though it may require a competitive approach in the housing market due to limited inventory.
- Rental Costs: Renting can be an attractive option, with prices varying greatly depending on location and proximity to the city center.
Quality of Life
- Entertainment & Culture: Rich in music, arts, and cultural events, Nashville offers a vibrant lifestyle with plenty of recreational activities.
- Dining & Cuisine: An array of dining options that suit various tastes and budgets, from local Southern cuisine to international fare.
Access to Healthcare
- Healthcare Facilities: Nashville is home to numerous high-quality hospitals and medical centers, offering comprehensive healthcare services.
- Insurance & Costs: The cost of healthcare is above the national average, but with a substantial income, access to and affordability of healthcare services are manageable.
Quality of K-12 Schools
- Public Schools: The city's public schools have a mixed reputation, with some well-rated schools balanced by others that underperform.
- Private Education: Numerous private school options are available, offering high-quality education at a premium cost.
- Educational Opportunities: Access to extracurricular activities and advanced placement courses is widely available, enhancing educational prospects.
Summary of Assessment
Overall, someone earning $
