Quality of Life in Oklahoma City, OK for an Income of $113,400
Overview
Oklahoma City provides a balanced lifestyle for individuals earning $113,400 annually, considering its cost of living and other economic metrics. This income level is significantly higher than the median household income for the area, allowing residents to enjoy a comfortable standard of living.
Cost of Living
- Affordability: Oklahoma City boasts a cost of living that is approximately 15% lower than the national average.
- Utilities and Groceries: Both utilities and groceries are reasonably priced, minimizing common household expenses.
- Transportation Costs: Public transportation options are limited, and car ownership remains the main mode of transport, but gas prices and vehicle maintenance costs are lower than national averages.
Housing Market
- Median Home Price: As of recent data, the median home price in Oklahoma City is approximately $200,000, well below the national median, making homeownership attainable for those earning $113,400.
- Rental Market: For those preferring to rent, prices are also moderate, with the average rent for a two-bedroom apartment around $1,100 monthly.
Quality of Life
- Entertainment and Leisure: Residents have access to a variety of cultural attractions, including museums, parks, and a growing culinary scene.
- Community Experience: The city offers a friendly, community-oriented atmosphere with a smaller city charm.
- Economic Opportunities: With a growing job market, particularly in sectors such as energy, aerospace, and healthcare, Oklahoma City provides decent career growth potential.
Access to Healthcare
- Healthcare Facilities: Oklahoma City is home to several well-regarded hospitals and clinics, ensuring quality healthcare access.
- Healthcare Costs: While reasonably priced, healthcare costs remain a consideration, aligning closely with national figures.
Quality of K-12 Schools
- Public Education System: The city offers a wide range of public schools, with some districts performing at or above state standards.
- Private and Charter Schools: Numerous private and charter school options are available, providing alternatives for varied educational preferences.
Assessment
For someone earning $113,400 per year, Oklahoma City offers a quality of life marked by affordable living costs, accessible healthcare, and a robust housing market. The equitable cost of living combined with economic opportunities and cultural amenities creates a desirable environment for both singles and families looking to settle in a metropolitan