Davidson County voters will weigh in on Nov. 5 on a $3.1 billion transit referendum that would bring major changes to the bus system’s streets, traffic lights, sidewalks and more. The plan would increase the sales tax from 6.25% to 6.75% on groceries and 9.75% on other goods.
For one adult, that could mean paying an additional $4 a month in taxes on groceries and other household goods, based on the average cost in the county according to MIT’s Living Wage Calculator. A family of four could pay about $10 more per month.
Here’s how the sales tax increase would impact your wallet.
How much sales tax would you pay on groceries?
Nashvillians pay 6.25% in combined state and local sales tax on most groceries (except prepared foods). A proposed half-cent sales tax increase would bring that to 6.75%. Here’s what that means for your wallet.
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1 adult: €415 average monthly grocery bill = €2 monthly increase
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1 adult 1 child: $612 = $3 increase
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1 adult and 2 children: $917 = $4
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2 adults: $761 = $4
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2 adults 2 children $1,220 = $6
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2 adults and 3 children: $1,487 = $7
*Calculations are based on average annual food costs per household in the MIT Living Wage Calculator for Davidson County, Tennessee.
How much sales tax would you pay on other monthly household expenses?
Nashvillians pay 9.25% combined state and local sales tax on items purchased. A proposed half-cent sales tax increase would bring that to 9.75%. Here’s what that means for your wallet.
*Monthly estimates include apparel, services, household goods, personal care products and services, household furnishings and equipment, and others. household equipment.
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1 adult: €355 monthly costs = €2 increase
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1 adult 1 child: $634 = $3
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1 adult and 2 children: $674 = $3
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2 adults: $637 = $3
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2 adults, 1 child: $674 = $3
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2 adults and 2 children: $932 = $4
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2 adults and 3 children: $896 = $4
This article originally appeared on Nashville Tennessean: Nashville transit referendum: How much will upgrades cost you
