Is $55K a Good Salary in Tennessee? 2026 Take-Home Pay & Cost of Living

Comfortable~40th percentile · Entry-Level
Quick answer

Yes — $55K is a comfortable salary in Tennessee, leaving real room for savings and lifestyle.

Share

Found this useful? Send it to someone who needs it.

Take-home pay breakdown

Gross / year
$55,000
Net / year
$46,177
Net / month
$3,848
Effective tax
16.0%

Where your paycheck actually goes

Approximate split of $55,000 gross — federal, state/provincial, social, and what lands in your account.

Federal income tax
$5,735
10%
State income tax
$0
0%
Social contributions
$3,088
6%
Take-home (net)
$46,177
84%
What this means in real life

At $55K/year in Tennessee, a single adult typically clears about $3,848/month after tax. Rent on a 1-bedroom averages $1,350, leaving roughly $2,498 for everything else. That's enough for steady savings, occasional travel, and lifestyle extras — especially outside Nashville.

Lifestyle verdict
Comfortable lifestyle

Comfortable for a single adult or couple across most of Tennessee, with steady saving and lifestyle extras. A family is doable, especially outside Nashville.

How it stacks up in Tennessee

Local median household$65,000
This salary$55,000
1.5× median$97,500

Roughly the 40th percentile of Tennessee households. Entry-Level.

Who can comfortably live on this?

Same take-home pay, three very different realities.

Single adult
Comfortable

One income, one rent.

Budget: $3,074/mo
Leftover: $774/mo
Couple, no kids
Stretched

Shared rent, two earners possible.

Budget: $4,201/mo
Short: $353/mo
Family (2 adults + kids)
Stretched

Bigger apartment, childcare, more food.

Budget: $5,167/mo
Short: $1,319/mo
Reality check

What can you actually afford in Tennessee with $55K?

A realistic monthly breakdown for a single adult — rent in Nashville, food, transport, insurance, and what's left to save. Tuned to the cost of living in Tennessee.

Net / month
$3,848
Typical spend
$3,074
80% of net
Monthly leftover
$774
20% saveable
Spent 80%Saved 20%
  • Rent in Nashville

    $1,350/mo
    1-bedroom, average neighborhood
  • Food & groceries

    $378/mo
    Cooking mostly, eating out 1–2×/week
  • Car & transport

    $432/mo
    Fuel, insurance, public transit
  • Health & insurance

    $288/mo
    Coverage, dental, prescriptions
  • Utilities & internet

    $176/mo
    Power, water, mobile, broadband
  • Entertainment & dining

    $198/mo
    Streaming, restaurants, weekends
  • Savings potential

    $774/mo
    What's left after a typical month
Lifestyle insight

With $55K in Tennessee, a single person can generally live comfortably in Nashville while still saving money monthly — enough for vacations, hobbies, and a real cushion.

People love reality. Not just taxes.

Lifestyle & affordability

What life actually looks like on this salary

Lifestyle & affordability in Tennessee

$55K in Tennessee sits in a real-world context shaped by local rent, car dependency, and US-style health insurance costs.

$55K is a middle-of-the-road income in Tennessee — comfortable in mid-cost cities, tighter in the biggest metros.

Outside Nashville, the same paycheck typically goes 15–30% further on housing, which dramatically changes the savings picture.

  • Rent in Nashville drives most of the affordability story
  • A car (and its insurance) is usually a fixed monthly line
  • Employer-sponsored health coverage shapes real take-home
Reality check

$55K works across Tennessee, with Nashville requiring the most budgeting.

Lifestyle snapshot

1-bedroom in a decent neighborhood, one car, cooking most nights, modest savings.

Monthly budget for a single adult in Tennessee

Comfortable: about 774/month surplus, enough for steady savings, occasional travel, and modest extras.

Housing (rent + insurance)
$1,350
44%
Transportation
$432
14%
Groceries
$378
12%
Utilities & internet
$176
6%
Healthcare
$288
9%
Entertainment & dining
$198
6%
Misc & personal
$252
8%
Total
$3,074
Surplus / month
$774

Savings potential

With a typical single-adult budget, you could put away roughly $9,288/year — about 20% of take-home pay. Cheaper housing or living outside Nashville can lift this significantly.

Savings rate20%

Try your own numbers

All math runs locally in your browser — nothing is saved.

Comfortable
$
$
$
Net / month
$3,848
Leftover / month
$774
Rent share
35%

Tip: housing experts suggest keeping rent under 30% of take-home pay. You're at 35%.

Rent share of take-home

Average rent in Tennessee: $1,350 (1BR) · $1,600 (2BR).

1BR rent vs net monthly35%
2BR rent vs net monthly42%

Salary ladder in Tennessee

  1. $45KTight
    Take-home / mo
    $3,178
    Save
    $104/mo
    Pctl
    31th
    $670/mo

    Covers basics — little room for savings.

  2. $50KTight
    Take-home / mo
    $3,513
    Save
    $439/mo
    Pctl
    36th
    $335/mo

    Covers basics — little room for savings.

  3. $55KTight
    Take-home / mo
    $3,848
    Save
    $774/mo
    Pctl
    40th

    Covers basics — little room for savings.

    You are here
  4. $60KComfortable
    Take-home / mo
    $4,183
    Save
    $1,109/mo
    Pctl
    45th
    +$335/mo+$335 savings

    Workable solo outside Nashville; tight inside it.

  5. $65KComfortable
    Take-home / mo
    $4,491
    Save
    $1,417/mo
    Pctl
    50th
    +$643/mo+$643 savings

    Workable solo outside Nashville; tight inside it.

What changes if you earn more?

Going from $55K to $65K in Tennessee:

Take-home / month
+$643
Est. monthly savings
+$643
Rent burden
−5.0pp

Compare $55,000 across countries

Explore other salary ranges in Tennessee

Compare with neighboring states
Related tools

Common questions

These estimates are approximate and may vary by city, taxes, rent, family size, and personal spending. Use them as a starting point, not a substitute for personalised financial or tax advice.

Last updated: 2026. Estimates use simplified federal + state tax models and median rent figures.