What Salary Do You Need to Live in Nashville, TN?
To live comfortably in Nashville, a household needs to earn roughly $70,000/year. That's about $5,833/month before taxes.
The Number: $70,000/year
At $70,000 per year, a household in Nashville can afford median-priced rental housing at roughly 28% of gross income.
This is based on Nashville's median monthly rent of $1,669 and the 28% housing guideline. Source: Census ACS 2024.
Nashville at a Glance
Sources: Census ACS 2024, Tax Foundation.
For Single Residents
A single person can live comfortably in Nashville on roughly $45,000/year. That's about $3,750/month before taxes.
Salary Questions About Nashville
The median monthly rent is $1,669. Using the 30% guideline, you need about $67,000/year to afford this comfortably.
The median home price is $438,800. With a 20% down payment, you would need roughly $87,760 saved and a household income to support the mortgage payments.
The median household income is $80,090/year. Our recommended salary of $70,000/year is near the median, reflecting a comfortable (not extravagant) standard of living.