$80,548 per year.
NASHVILLE, Tenn. –A study by personal finance company Go Banking Rates finds in order to live comfortably in Nashville, residents need to make $80,548 per year. The study examined housing costs, the price of necessities such as food and healthcare, and average incomes among America’s 50 largest cities.
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What salary do you need to live in Nashville?
A 2018 study by GoBankingRates found Nashville residents need to make $85,000 a year to “live comfortably,” $34,000 more than the city’s median income. Between 2016 and 2017, Music City experienced the greatest cost-of-living increase in the nation, GoBankingRates determined.
What is a good salary in Nashville?
Average Salary in Nashville, TN
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $87,462 | $7,288 |
| 75th Percentile | $71,913 | $5,992 |
| Average | $58,808 | $4,900 |
| 25th Percentile | $48,104 | $4,008 |
What’s the average cost of living in Nashville?
Nashville-Davidson cost of living is 101.4
| COST OF LIVING | Nashville-Davidson | Tennessee |
|---|---|---|
| Health | 96.7 | 101.9 |
| Housing | 113.3 | 71.2 |
| Median Home Cost | $341,700 | $231,600 |
| Utilities | 99.3 | 96.7 |
What is a good salary in TN?
While ZipRecruiter is seeing salaries as high as $60,636 and as low as $14,101, the majority of salaries within the Person jobs category currently range between $23,501 (25th percentile) to $35,723 (75th percentile) with top earners (90th percentile) making $48,414 annually in Tennessee.
Is living in Nashville expensive?
Overall, the average cost of living in Nashville is about 3% lower than the U.S. national average. (Though as the most popular city in the state, Nashville is roughly 7% more expensive to live in than the rest of Tennessee.) Housing prices are 9% lower than the nation’s average, and utility expenses are 10% lower.
Is it cheaper to live in Nashville or Atlanta?
Atlanta is 6.0% more expensive than Nashville-Davidson. Atlanta housing costs are 1.1% less expensive than Nashville-Davidson housing costs. Health related expenses are 5.1% less in Atlanta.
What is upper class salary?
What Is a Middle-Class Income?
| Income group | Income |
|---|---|
| Lower-middle class | $32,048 – $53,413 |
| Middle class | $53,413 – $106,827 |
| Upper-middle class | $106,827 – $373,894 |
| Rich | $373,894 and up |
What is a livable salary in Tennessee?
Living Wage Calculation for Davidson County, Tennessee
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $14.84 | $30.69 |
| Poverty Wage | $6.13 | $12.60 |
| Minimum Wage | $7.25 | $7.25 |
What is rn salary?
Most registered nurses begin their career on a salary between $60,000 – $65,000.
Is it cheaper to live in Knoxville or Nashville?
Knoxville is 15.7% less expensive than Nashville-Davidson. Knoxville housing costs are 33.8% less expensive than Nashville-Davidson housing costs. Health related expenses are 1.0% less in Knoxville.
Why is rent so high in Nashville?
Joel Sanders with Apartment Insiders says the average price for an apartment in Nashville has reached a new record high — more than $1,500. Just four years ago, it was around $1,150. Sanders says the rent increases are driven by a lack of apartment supply, with builders not constructing new apartments fast enough.
Where is the rich part of Nashville?
Belle Meade – With homes ranging all the way up to $18 million, this is one of the most expensive areas in the entire city. You will find many homes on large lots with at least 5,000 square feet in this neighborhood. Green Hills – Many homes in this neighborhoods range from $1 to $3 million.
How much money do you need to live comfortably in Tennessee?
–A study by personal finance company Go Banking Rates finds in order to live comfortably in Nashville, residents need to make $80,548 per year. The study examined housing costs, the price of necessities such as food and healthcare, and average incomes among America’s 50 largest cities.
Who is the largest employer in Nashville?
Here are Nashville’s Largest Employers:
- Vanderbilt University & Medical Center.
- Nissan North America.
- HCA Holdings, Inc.
- Saint Thomas Health Services.
- Community Health Systems.
- Randstad.
- Asurion.
- The Kroger Company.
What jobs are in high demand in Tennessee?
Detailed List Of The Fastest Growing Jobs In Tennessee
| Rank | Job Title | Jobs in 2024 |
|---|---|---|
| 1 | Physical Therapist Assistant | 3,630 |
| 2 | Diagnostic Medical Sonographer | 2,220 |
| 3 | Tax Preparer | 3,400 |
| 4 | Physical Therapy Aide | 1,750 |
Is it cheaper to live in Las Vegas or Nashville?
The cost of living in Nashville, TN is -3.0% lower than in Las Vegas, NV. You would have to earn a salary of $58,188 to maintain your current standard of living. Employers in Nashville, TN typically pay -9.0% less than employers in Las Vegas, NV.
What is the bad side of Nashville?
College Heights/Clifton. Buena Vista and Osage-North Fisk. Shepherd Hills is arguably one of the most dangerous neighborhoods in Nashville. It’s on the further outskirts of the city, so it’s unlikely that a tourist would come across it, though.
Is it cheaper to live in Georgia or Tennessee?
South Carolina and Georgia are the most expensive states to live in the Southeast, and Tennessee is the least expensive state to live in with low property taxes and no state income tax.Collecting data for cost of living and tax burden can be, well, taxing.
Is Nashville or Atlanta bigger?
Nashville is less crowded than Atlanta
Nashville has an estimated population of around 684,400 people. Atlanta has an estimated population of 472,520 people. However, Nashville covers 526 square miles, whereas Atlanta only covers 134 square miles, meaning Atlanta is far more crowded.
Is 100k a good salary?
An annual income of £100,000 is enough to put a recipient comfortably within the top 2% of all earners, and the figure has become a key indicator that the recipient is a high-flier.
