Salary Needed to Live Comfortably in Nashville, TN

Annual salary needed

$96,455

$8,038/month

vs. national avg: -4%vs. local median salary: +$47,615

Monthly Budget Breakdown (50/30/20)

CategoryMonthlyAnnual
Needs (50%)
Housing (2BR FMR)$1,730$20,760
Food$471$5,657
Transportation$930$11,165
Healthcare$465$5,581
Utilities$249$2,985
Other Necessities$173$2,079
Wants (30%)$2,411$28,937
Savings (20%)$1,608$19,291
Total$8,038$96,455

National average salary needed: $100,497/year · Local median salary: $48,840/year

Detailed analysis for Nashville is being generated. Check back shortly.

Frequently Asked Questions

What salary do you need to live comfortably in Nashville, TN?
Based on the 50/30/20 budget rule, you need approximately $96,455 per year ($8,038 per month) to live comfortably in Nashville. This covers all necessities, discretionary spending, and savings.
How much does housing cost in Nashville?
A 2-bedroom apartment in Nashville costs approximately $1,730 per month based on HUD Fair Market Rent data. Housing is typically the largest expense, making up about 22% of the total monthly budget.
Is Nashville more expensive than the national average?
No, Nashville is about 4% less expensive than the national average. The national average salary needed is $100,497, compared to $96,455 in Nashville.

Data last computed: April 5, 2026