Quality of Life in Nashville, TN on a $136,875 Annual Salary
Understanding the quality of life in Nashville, TN, especially for someone earning $136,875 annually, involves assessing various aspects including cost of living, housing affordability, healthcare access, and education quality. Here's a detailed look at these components:
Cost of Living
- Overall Cost: Nashville's cost of living is relatively higher than the national average. However, a salary of $136,875 provides a comfortable lifestyle with room for discretionary spending.
- Utilities and Services: Prices for utilities, groceries, and services are moderately above average, requiring prudent budgeting despite the comfortable salary.
- Transportation Costs: Transportation expenses in Nashville can be manageable, but commuting times might be longer due to traffic, impacting daily routines.
Housing Market
- Home Prices: The Nashville housing market has seen considerable appreciation over the years. As of the date of this assessment, the median home price is higher than the national median, reflecting demand and vibrancy in the local economy.
- Affordability: With a salary of $136,875, purchasing a median-priced home is feasible. However, new buyers might find themselves competing in a hot market.
- Rental Market: Renting is also a viable option, with rental prices slightly above the national average but affordable on this income.
Quality of Life
- Entertainment and Culture: Nashville offers a rich cultural scene with music, dining, and entertainment options. An income of $136,875 allows frequent participation in these activities.
- Recreational Activities: The city's parks, museums, and event venues provide ample opportunities for leisure and socializing.
Access to Healthcare
- Healthcare Facilities: Nashville has a robust healthcare system with renowned hospitals and medical centers.
- Insurance and Costs: This income level will generally cover quality health insurance, but medical expenses in Nashville might be higher than the national average.
Quality of K-12 Schools
- Public Education: The quality of public schools varies across the city. Some districts are highly rated while others might require attention.
- Private School Options: Nashville hosts numerous prestigious private schools, accessible on this income, offering alternatives for education.
Summary of Assessment
Living in Nashville, TN with an income of $136,875 per year allows for a comfortable lifestyle, balancing a slightly above-average cost of living with ample cultural and leisure amenities. Housing
