Quality of Life in Colorado Springs, CO: An Assessment

Cost of Living

• Colorado Springs vs. National Average: The cost of living in Colorado Springs is slightly higher than the national average.

  • The overall cost index is about 5% higher compared to the rest of the United States.
  • Groceries and utilities are on par with national averages, but transportation and healthcare costs tend to be slightly elevated.

• Annual Income: An income of $98,160 provides a fairly comfortable lifestyle in Colorado Springs.

  • This salary is above the median household income for the area, allowing discretionary spending and saving.

Housing Market

• Home Prices: The housing market in Colorado Springs can be competitive.

  • The median home price is around $450,000, which is significantly higher than the national median.
  • Home prices have seen appreciation, partially due to the area's popularity and influx of new residents.

• Rent vs. Buy: Renting may be a more affordable option for those not committed to long-term residence.

  • Average rent for a two-bedroom apartment ranges from $1,500 to $1,800 per month.

Quality of Life

• Outdoor Activities: Colorado Springs offers abundant recreational opportunities.

  • Proximity to the Rockies provides ample hiking, skiing, and outdoor sports options.
  • The city's scenic beauty and parks add to the quality of life.

• Cultural Scene: There is a vibrant cultural landscape with local theaters, museums, and community events.

  • The area supports a mix of urban and suburban life, offering a small-town feel with city conveniences.

Access to Healthcare

• Healthcare Quality: The city offers good healthcare services with several reputable hospitals and clinics.
  • Overall healthcare costs are slightly above the national average, but residents have access to high-quality medical care and specialized services.

Quality of K-12 Schools

• Educational Opportunities: Colorado Springs is home to several highly-rated public and private schools.
  • The area invests in education, with most schools receiving above-average ratings.
  • There are numerous extracurricular and advanced placement opportunities for students.

Overall Assessment

Living in Colorado Springs, CO, with a salary of $98,160 affords a comfortable lifestyle, balancing a mix of urban convenience and natural beauty. While the cost of housing might be a concern, the city compensates with high-quality education, healthcare, and ample outdoor