What Salary Do You Need to Live Comfortably in Nashville, TN in 2024?
Overall, on average, a gross annual salary of $63,464 is required for an average quality of life in Nashville, TN.
Is the Cost of Living High in Nashville, TN?
Nashville, TN is ranked 209th out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered one of the expensive cities in which to live in the U.S. Nashville, TN's average monthly rent is 15% lower than the U.S. average cost of rent.
Is $50,000 a Good Salary in Nashville, TN in 2024?
A gross annual salary of $50,000 in Nashville, TN will yield an average annual net salary of $45,882. Considering that the total average annual cost of living in Nashville, TN is $48,872, a gross annual salary of $50,000 will be insufficient to cover average living costs.
How Much Should You Pay for Rent in Nashville, TN?
The average monthly rent in Nashville, TN in the city center is $1,701 for a 1 bedroom apartment, $2,200 for a 2 bedroom apartment and $2,805 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $1,205 for a 1 bedroom apartment, $1,506 for a 2 bedroom apartment and $1,806 for a 3 bedroom apartment.