Certainly! Here's an outline of the quality of life for someone in Sacramento, CA, earning $147,900 annually relative to the cost of living and home prices compared to the broader United States.
Cost of Living in Sacramento
- General Overview: The cost of living in Sacramento is slightly above the national average but significantly lower than other major California cities like San Francisco or Los Angeles.
- Expenses:
- Groceries: Marginally higher than the U.S. average.
- Utilities: Generally aligned with national costs.
- Transportation: Moderately priced, with fuel and vehicle maintenance costs being average.
Housing Market
- Current Trends:
- Home Prices: Median home prices are high relative to the national average but more affordable compared to other California metro areas.
- Rental Market: Rent prices are competitive, with a mix of availability that provides options for various income levels.
- Affordability: A salary of $147,900 provides a comfortable margin for mortgage payments or rent, with room for saving and discretionary spending.
Quality of Life
- Income Sufficiency: An income of $147,900 places earners above the median household income, offering a good standard of living.
- Lifestyle and Amenities:
- Recreation: Access to numerous parks, nearby natural attractions, and cultural events.
- Dining and Shopping: A diverse range of options reflective of Sacramento's cultural diversity.
Access to Healthcare
- Healthcare Services:
- High-quality healthcare facilities, with major hospitals and clinics conveniently located.
- Healthcare costs are slightly above the national average, but the quality of care is high.
Quality of K-12 Schools
- Education System:
- Public schools in Sacramento vary, with some districts offering high-quality education and others performing average on national assessments.
- Numerous private school options add to the educational landscape.
- Extracurricular Opportunities: Schools often provide a range of extracurricular activities, from sports to arts and technology programs.
Assessment Summary
Living in Sacramento, CA, on a $147,900 salary provides a solid quality of life with a balance of living expenses, access to amenities, and housing affordability. While the cost of living is higher than the national average, it is manageable, especially considering the region's quality health care, decent schools, and