Quality of Life in Columbus, OH, for an Income of $147,520
Overview
For someone earning $147,520 annually in Columbus, OH, this income provides a comfortable standard of living when considering the cost of living and other quality of life factors both locally and relative to the broader United States. Here is an assessment across key areas:
Cost of Living
- Affordability: Columbus has a lower cost of living compared to the national average, allowing your income to stretch further.
- Expenses: Typical expenses like groceries, utilities, and transportation are well within reach, providing disposable income for savings, investments, or leisure activities.
Housing Market
- Home Prices: The median home price in Columbus is generally lower than the national median, making homeownership accessible.
- Real Estate Assumptions: With $147,520, affording a comfortable home without overextending on mortgage payments is feasible.
Quality of Life
- Cultural and Recreational Opportunities: Columbus offers numerous parks, museums, and cultural events which contribute to a rich quality of life.
- Economic Opportunities: The city has a diverse job market and a robust local economy, providing stability and growth potential.
Access to Healthcare
- Healthcare Facilities: Columbus has reputable hospitals and healthcare institutions, providing comprehensive services.
- Insurance and Costs: With a significant income, access to good health insurance options is available, ensuring quality healthcare.
Quality of K-12 Schools
- Education System: Columbus is home to a mix of public and private schools, with many high-ranking options.
- Educational Programs: There are diverse educational programs and extracurricular activities available for children.
Summary
Overall, an income of $147,520 in Columbus, OH, provides a high quality of life due to the city's affordable cost of living, accessible housing market, rich cultural life, quality healthcare services, and excellent educational opportunities. Compared to the broader United States, Columbus offers significant advantages, making it a desirable place to live.