Quality of Life in Colorado Springs, CO with a Salary of $122,160
Overview
Living in Colorado Springs with an annual income of $122,160 offers a relatively comfortable quality of life. Here’s how the cost of living, housing market, healthcare access, and educational quality compare to the national averages and affect daily life.
Cost of Living
- Cost of Living Index: Colorado Springs has a slightly higher cost of living than the national average but is more affordable than other Colorado cities like Denver and Boulder.
- Utilities and Groceries: Prices for utilities and groceries are in line with national figures, offering reasonable monthly expenses.
- Transportation: With public transport options and moderate fuel prices, commuting costs are manageable.
Housing Market
- Median Home Price: As of the latest data, the median home price in Colorado Springs is around $450,000, higher than the national average but still more affordable compared to major metropolitan areas.
- Rental Prices: Renting can be expensive, with average costs for a two-bedroom apartment at approximately $1,500 per month.
- Real Estate Trends: The housing market is competitive, with steady appreciation rates, making home ownership a good investment.
Quality of Life
- Outdoor Activities: Surrounded by natural beauty, with proximity to the Rocky Mountains, residents enjoy ample outdoor recreation opportunities.
- Safety: Overall, Colorado Springs is considered a safe city, with crime rates lower than many other urban areas in the United States.
- Culture and Community: There is a vibrant arts scene and numerous community events that enrich local life.
Access to Healthcare
- Healthcare Facilities: The city offers a range of healthcare services with well-regarded hospitals and clinics.
- Healthcare Costs: The cost of healthcare services is comparable to the national average, with a variety of insurance plans available.
Quality of K-12 Schools
- Public Schools: The public school system provides quality education with several highly rated schools.
- Extracurriculars: Schools offer a diverse range of extracurricular activities for balanced student development.
- Private and Charter Schools: Numerous private and charter schools provide additional educational options for families seeking alternative schooling environments.
Final Assessment
With a salary of $122,160, living in Colorado Springs allows for a comfortable lifestyle enhanced by the area's natural beauty, quality educational systems, and cultural offerings. While the cost of living