Salary Needed to Live in Nashville as a Family
A family of four (2 adults, 2 children) needs approximately $60,600/year to live comfortably in Nashville, TN — including 15% savings.
Comfortable Salary
$60,600
with 15% savings
Bare Minimum
$48,480
no savings buffer
Monthly Expenses
$3,030
3% above national avg
Detailed Monthly Budget for a Family in Nashville
| Expense | Nashville | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 3BR Apartment/House Rent | $238 | $209 | +14% |
| 🛒 Groceries | $44 | $44 | 0% |
| ⚡ Utilities | $29 | $28 | +4% |
| 🚗 Transportation | $40 | $44 | -9% |
| 🛡️ Car Insurance | $203 | $223 | -9% |
| 🏥 Health Insurance | $53 | $56 | -5% |
| Childcare/After-school | $1,248 | $1,200 | +4% |
| Internet + Phones | $187 | $180 | +4% |
| Children Activities | $260 | $250 | +4% |
| Dining Out | $364 | $350 | +4% |
| School Supplies & Clothing | $208 | $200 | +4% |
| Healthcare Co-pays | $156 | $150 | +4% |
| Total Monthly | $3,030 | $2,934 | +3% |
How We Calculated the Salary
Monthly expenses:$3,030
Target savings (15%):$668/mo
Monthly after-tax needed:$3,698
Effective tax rate:25%
Gross annual salary needed:$60,600
Other Household Types in Nashville
Related Pages
FAQ
What salary does a family with kids need in Nashville?
A family with kids needs approximately $60,600/year ($5,050/month gross) to live comfortably in Nashville with a 15% savings rate.
How much is rent for a family with kids in Nashville?
A 3br apartment/house in Nashville costs approximately $238/month, which is the largest single expense at 8% of the total budget.
Is Nashville affordable for a family with kids?
Nashville is roughly average for family with kids costs, requiring a salary close to the national median.