Quality of Life in Colorado Springs, CO: Income of $101,840

A salary of $101,840 in Colorado Springs, CO, offers a comfortable quality of life when juxtaposed with the local cost of living and housing market dynamics. Here’s an overview of various factors contributing to this assessment:

Cost of Living

• Comparison with National Average:
  The cost of living in Colorado Springs is slightly above the national average. However, it remains more affordable than other major Colorado cities like Denver or Boulder.

• Expenses:

  • Groceries: Slightly above national averages, yet manageable within this income.
  • Transportation: Costs are moderate, with public transport and fuel prices aligning closely with national norms.
  • Utilities: Generally reasonable and consistent with national rates.

Housing Market

• Median Home Price:
  The median home price in Colorado Springs is higher than the national median but remains attainable with a $101,840 salary. As of recent trends, the median home price stands around $450,000.

• Renting Costs:
  Renting is also relatively costly, but within the income limits, leasing a comfortable apartment or house is feasible.

Quality of Life

• Recreation and Leisure:
  Colorado Springs offers abundant recreational activities, including hiking, biking, and proximity to natural landmarks like Pikes Peak and Garden of the Gods.

• Community and Culture:
  The city has a vibrant community scene with various cultural, music, and art festivals year-round, enhancing lifestyle quality.

Access to Healthcare

• Healthcare Facilities:
  Colorado Springs is home to several high-quality hospitals and healthcare providers. Access is generally good, with facilities offering a wide range of medical services.

• Healthcare Costs:
  Health services can be more expensive than the national average, but health benefits tied to a $101,840 salary can alleviate these costs effectively.

Quality of K-12 Schools

• Public Schools:
  The city's school districts are noted for having strong academic performance and extracurricular programs.

• Private and Charter Schools:
  Various private and charter schools provide additional education options, albeit often at a premium cost.

Overall Assessment

Living in Colorado Springs with an annual income of $101,840 provides a good balance between earnings and living costs. The city's lively community, robust education system, and excellent recreational opportunities contribute immensely to the quality of life. With mindful budgeting, residents