Quality of Life for a Sacramento Resident Earning $174,420 Annually

Cost of Living in Sacramento

• Overall Cost of Living: Sacramento generally falls slightly above the national average in terms of cost of living.
• Comparison with National Average: It remains more affordable than other major California cities like San Francisco and Los Angeles.
• Expense Breakdown:
  • Utilities: Usually closer to the national average.
  • Groceries: Tend to be moderately priced, aligning closely with national levels.
  • Transportation: Costs are manageable, with an effective public transportation system.

Housing Market

• Median Home Price: The median home price in Sacramento is somewhat higher than the national median but still more affordable than California's coastal cities.
• Affordability: With an income of $174,420, homeownership is feasible, allowing for comfort without excessive financial strain.
• Rental Market: Renting costs are above the national average but lower than larger California metros, making renting a viable option for many.

Quality of Life

• Income Leverage: An income of $174,420 comfortably surpasses the median household income, allowing for a robust lifestyle.
• Cultural and Recreation Opportunities:
  • Access to rich cultural venues, museums, and vibrant neighborhoods.
  • Proximity to outdoor activities like hiking and wine country excursions.
• Diversity and Community: Sacramento boasts a diverse, welcoming community, with numerous cultural festivals and events throughout the year.

Access to Healthcare

• Healthcare Facilities: Sacramento offers an array of reputable healthcare facilities and hospitals.
• Insurance and Medical Costs: Costs align with national standards, and the quality of healthcare is high, with various specialized services available.

Quality of K-12 Schools

• Public Schools: Mixed performance with a range of highly rated institutions and some requiring improvement.
• Private School Options: Numerous private and charter schools provide alternatives with diverse educational approaches.
• Investment in Education: The area continues to invest in educational improvements and innovations to support student growth and achievement.

Overall Assessment

Living in Sacramento with an annual income of $174,420 provides a high quality of life. The region offers a balanced cost of living relative to other parts of California, with substantial income flexibility for housing, healthcare, and educational investments. The city’s diverse culture, robust healthcare facilities, and improving educational landscape further