Quality of Life in Colorado Springs, CO for Individuals Earning $177,600 Annually

Overview

Colorado Springs offers a vibrant lifestyle for individuals or families earning $177,600 annually, providing a favorable balance between income and living expenses compared to broader U.S. metrics. This high income allows for comfortable living, with room for savings and discretionary spending.

Cost of Living

• Comparison to National Average
  • The cost of living in Colorado Springs is slightly above the national average but manageable at this income level.
  • While certain areas such as groceries and healthcare may be slightly higher than the national average, transportation and utility costs remain relatively moderate.

Housing Market

• Median Home Prices

  • The median home price in Colorado Springs is higher than the national median, influenced by the area's desirability and economic growth.
  • This income level provides flexibility in choosing comfortable housing, whether purchasing a home or renting, within safe and reputable neighborhoods.

• Rental Market

  • Renting offers a range of options with average prices, allowing for choice between budget-friendly apartments or more spacious homes.

Quality of Life

• Employment Opportunities and Economy

  • A diverse job market with opportunities in sectors like defense, tourism, and technology enhances job security and growth prospects.

• Recreational Activities

  • Residents enjoy easy access to outdoor recreational activities including hiking, skiing, and natural parks, contributing to a high quality of life.

• Community and Culture

  • A strong sense of community with vibrant arts and cultural scenes enriches leisure time.

Access to Healthcare

• Healthcare Quality
  • Access to high-quality healthcare facilities and services is evident, though costs may slightly exceed the national average.
  • Robust healthcare infrastructure supports a healthy lifestyle and well-being.

Quality of K-12 Schools

• Educational Ratings
  • Colorado Springs boasts highly rated public and private schools, making it a favorable location for families.
  • Investment in education is reflected in facilities, extracurricular activities, and academic performance.

Summary of Assessment

Living in Colorado Springs with a salary of $177,600 provides a comfortable and fulfilling lifestyle. The cost of living, though slightly above the national average, is balanced by ample income, allowing for quality housing and access to a variety of recreational and cultural activities. The city offers excellent healthcare services and quality educational options for families, making it an attractive place to reside. The overall high quality of life is supported by