Quality of Life in Tulsa, OK on a $199,650 Income
Living in Tulsa, Oklahoma with an annual income of $199,650 provides a comfortable quality of life relative to the cost of living and housing market compared to the broader United States. Below is an assessment of key factors affecting the quality of life such as cost of living, housing, healthcare, and education.
Cost of Living
- Overall Expenses: Tulsa offers a lower cost of living than many U.S. cities. This means everyday expenses such as groceries, transportation, and utilities are more affordable.
- Comparison to National Average: The overall cost of living in Tulsa is roughly 11% lower than the national average, allowing individuals earning $199,650 to have significant disposable income.
Housing Market
- Home Prices: Tulsa's housing market is considerably more affordable compared to the national average. The median home price in Tulsa is around $150,000, well below the national median.
- Renting: For those opting to rent, Tulsa provides reasonably priced rental options. The average rent for a two-bedroom apartment is significantly lower than in larger metropolitan areas.
Quality of Life
- Income vs. Expenses: With an income of $199,650, residents can comfortably afford a higher lifestyle, travel, dining out, and other luxury expenses.
- Community and Culture: Tulsa boasts a rich cultural scene with museums, music festivals, and a vibrant mix of historical and modern attractions.
Access to Healthcare
- Healthcare Facilities: Tulsa provides a robust healthcare system with several renowned hospitals and specialized medical services.
- Cost of Healthcare Services: Healthcare costs in Tulsa are slightly below the national average, enhancing accessibility for residents.
Quality of K-12 Schools
- Education System: Tulsa offers a mix of public and private schools with varying performance metrics.
- School Ratings: Some schools in Tulsa are highly rated, making it an appealing location for families prioritizing education.
Summary
Living in Tulsa with an income of $199,650 offers high purchasing power due to the lower cost of living and affordable housing. Residents can enjoy a good quality of life characterized by access to a thriving cultural scene, quality healthcare, and a range of educational opportunities. Overall, Tulsa presents an attractive option for individuals and families seeking a balanced lifestyle with financial security.