Quality of Life in Colorado Springs, CO on $96,400 Per Year

Cost of Living

• Comparable to National Average: Colorado Springs offers a cost of living similar to the U.S. average, making it a relatively affordable city compared to other metropolitan areas.
• Key Expenditures: Costs for groceries, utilities, and transportation are generally in line with national figures, which helps maintain a comfortable living on a $96,400 salary.
• Income vs. Expenses: With prudent budgeting, individuals earning this salary can cover essential expenses while enjoying discretionary spending on leisure and entertainment.

Housing Market

• Housing Costs: The median home price in Colorado Springs is slightly above the national average, reflecting a competitive but accessible housing market.
• Renting vs. Buying: Renting may be a cost-effective option for those not ready to invest in property, with rental prices for apartments and homes being relatively stable.
• Market Trends: The real estate market has been increasingly popular due to the attractive lifestyle and economic opportunities, causing gradual increases in property values.

Quality of Life

• Outdoor Lifestyle: The city offers a mix of urban and outdoor living, with access to hiking, skiing, and other recreational activities on its doorstep, contributing to a healthy lifestyle.
• Community and Culture: Colorado Springs boasts a vibrant community with arts, culture, and numerous events, fostering a strong sense of belonging for its residents.
• Crime Rates: Crime rates are generally lower than other large cities in the U.S., contributing to a sense of safety and security.

Access to Healthcare

• Healthcare Facilities: The city is home to several high-quality hospitals and healthcare providers, ensuring comprehensive medical care is readily available.
• Insurance and Costs: With an income of $96,400, healthcare insurance is typically affordable, providing access to a wide range of health services.

Quality of K-12 Schools

• Education System: Colorado Springs features a variety of public and private schools with a reputation for quality education.
• School Performance: Many schools in the area perform above national averages, offering excellent learning environments and resources for students.
• Extracurricular Opportunities: Schools offer diverse extracurricular activities from sports to arts, important for a well-rounded student experience.

Assessment

Living in Colorado Springs with an income of $96,400 provides a balanced and comfortable quality of life. The city’s cost