Quality of Life in Oklahoma City, OK on a $140,850 Salary

Overview

Living in Oklahoma City, OK, on an annual salary of $140,850 provides a comfortable quality of life relative to many parts of the United States. This income allows individuals or families to enjoy a balanced lifestyle with fewer financial stresses typical of larger metropolitan areas.

Cost of Living

• Affordability: Oklahoma City boasts a lower cost of living compared to national averages. Essentials such as groceries, utilities, and transportation are typically less expensive.
• Index Comparison: With the cost of living index often ranging around 88/100 (with 100 being the national average), residents spend less on day-to-day expenses than in many other cities in the U.S.

Housing Market

• Median Home Price: The median home price in Oklahoma City is approximately $200,000, significantly lower than the national median.
• Buying Power: With a $140,850 salary, potential homeowners have strong purchasing power. The affordability of homes makes it easier to own rather than rent, which contributes to financial stability and asset building.

Quality of Life

• Lifestyle: The income allows for a comfortable lifestyle, including dining out, entertainment, and travel, without compromising savings or other financial goals.
• Community and Culture: Oklahoma City offers a vibrant cultural scene with museums, theaters, and food festivals, enhancing the overall quality of life.

Access to Healthcare

• Healthcare Facilities: The city is equipped with multiple renowned hospitals and healthcare facilities, providing residents with quality medical care.
• Healthcare Costs: While healthcare costs are generally rising nationwide, Oklahoma City remains more affordable than many large urban centers in terms of medical expenses.

Quality of K-12 Schools

• Public School System: The city's public school system has a mixed reputation, with some schools performing well above average and others needing improvements.
• Educational Opportunities: For families prioritizing education, there are numerous private and charter schools that offer excellent educational programs.

Summary

Living in Oklahoma City with an income of $140,850 offers a high quality of life with a reasonable cost of living, affordable housing, and access to cultural and recreational activities. Healthcare is accessible and less costly than in many cities, while educational opportunities are varied, supporting a fulfilling lifestyle for individuals and families.