Quality of Life in Oklahoma City, OK for a $174,600 Annual Income

Overview

Living in Oklahoma City, OK, with an annual income of $174,600 generally affords a comfortable lifestyle. This level of income is considerably higher than the median household income both locally and nationally, providing more financial flexibility.

Cost of Living

• Overall Affordability:

  • The cost of living in Oklahoma City is lower than the national average.
  • Primary expenses such as groceries, transportation, and utilities are more affordable, allowing for a greater disposable income relative to many other U.S. cities.

• Discretionary Spending:

  • Individuals or families have more room for discretionary spending on dining, entertainment, and travel.

Housing Market

• Home Prices:

  • As of the most recent data, the median home price in Oklahoma City is significantly below the national median, making home ownership more accessible.
  • Buyers with a $174,600 income can comfortably afford larger homes or homes in more desirable neighborhoods.

• Rental Market:

  • Those opting to rent will find rental prices less burdensome on their budget compared to larger metropolitan areas.

Quality of Life

• Work-life Balance:

  • Lower living costs and less congested environments contribute to a better work-life balance.
  • The city offers an array of cultural, recreational, and outdoor activities.

• Community and Safety:

  • Oklahoma City enjoys a sense of community with friendly neighborhoods.
  • While crime exists, it's concentrated in specific areas, allowing residents to choose safer neighborhoods.

Access to Healthcare

• Healthcare Facilities:

  • The city houses reputable hospitals and a variety of healthcare providers.
  • Residents benefit from affordable healthcare costs relative to the national average.

• Health Insurance:

  • With a higher income, securing comprehensive health insurance coverage is more manageable.

Quality of K-12 Schools

• Public Education:

  • Oklahoma City has a mix of high-performing and lower-performing public schools, and school quality can vary significantly by district.

• Private and Alternative Education:

  • The income level facilitates access to private schooling options and alternative forms of education, if desired.

Summary

With a $174,600 annual income, an individual or family in Oklahoma City can enjoy a high quality of life thanks to the lower cost of living and affordable housing market. The ability to comfortably afford necessities