Quality of Life in Nashville, TN on a $91,875 Annual Salary
Individuals earning $91,875 annually in Nashville, TN, generally enjoy a comfortable standard of living. This overview evaluates various factors affecting their quality of life, including the cost of living, housing market, access to healthcare, and the quality of K-12 schools compared to the broader United States.
Summary of Cost of Living
- Overall Cost: Nashville's cost of living is slightly above the national average. However, for someone earning $91,875, it remains manageable.
- Utilities: Utility costs are on par with national averages, contributing to balanced living expenses.
- Transportation: Costs may vary, but the absence of extensive public transit options can necessitate car ownership, increasing expenses.
Housing Market
- Home Prices: The housing market in Nashville is competitive, with median home prices higher than the national average. This salary enables some flexibility in moderate home buying or renting.
- Rental Market: Renting is a viable option with diverse choices available at relatively reasonable rates for this income bracket.
- Property Taxes: Tennessee's property taxes are lower than in many states, providing some relief to homeowners.
Quality of Life
- Cultural Amenities: Rich in music, arts, and dining, Nashville offers a vibrant cultural scene.
- Recreational Opportunities: Access to parks and outdoor activities contributes positively to lifestyle.
- Community and Safety: Many neighborhoods are known for their community feel, although safety can vary by area.
Access to Healthcare
- Healthcare Facilities: Nashville has reputable healthcare institutions and hospitals, offering high-quality medical services.
- Affordability: Healthcare costs in Nashville are slightly above average, but manageable within this income level with proper insurance.
Quality of K-12 Schools
- Public Schools: The quality of K-12 education varies widely across different school districts.
- Private Schools: There are numerous private schooling options, though these might require additional budgeting for tuition expenses.
- State Performance: Tennessee's public education system ranks in the middle nationally, offering varied performance outcomes.
Assessment
Given a salary of $91,875, life in Nashville, TN, can be enjoyable with proper financial management. The cost of living is slightly above the national average, particularly in terms of housing. However, cultural amenities, moderate taxation, and high-quality healthcare, combined with