Quality of Life in Oklahoma City, OK on a $109,725 Annual Salary
Living in Oklahoma City, OK with an annual salary of $109,725 offers a comfortable lifestyle due to the city's relatively low cost of living compared to national averages. Here's a detailed look at various aspects:
Cost of Living
- General Affordability: Oklahoma City is known for its affordability. The overall cost of living is below the national average, which means daily expenses such as groceries, utilities, and transportation are generally lower.
- Comparison with the U.S. Average: While the median household income in the U.S. is approximately $70,000, a salary of $109,725 places an individual significantly above the average, allowing for more discretionary spending and savings.
Housing Market
- Home Prices: The median home price in Oklahoma City is lower than many parts of the United States. Housing expenses tend to be more manageable, making homeownership an attainable goal for many residents earning this salary.
- Renting Vs. Buying: With competitive home prices, buying a home can be more economical than renting. Mortgage payments are often on par with or cheaper than rental costs.
Quality of Life
- Community and Lifestyle: Oklahoma City offers a welcoming mid-sized city atmosphere with a blend of cultural, recreational, and entertainment activities. Residents benefit from local events, museums, parks, and a vibrant downtown area.
- Leisure Options: The city boasts a range of leisure activities including sports, outdoor trails, and a lively arts scene, contributing positively to the quality of life for its residents.
Access to Healthcare
- Healthcare Facilities: Oklahoma City has reputable healthcare facilities providing quality medical care. The city is home to several major hospitals and specialty clinics.
- Cost and Insurance: Healthcare costs are moderate, and with a higher salary, residents can afford comprehensive insurance plans that cover a range of medical needs.
Quality of K-12 Schools
- Public and Private Education: Oklahoma City has a mix of public and private schools, with various institutions recognized for their academic achievements and extracurricular programs.
- Education Opportunities: Higher earning residents often have the option to choose private schooling or relocation within the city for access to highly-rated public schools.
Assessment
A resident earning $109,725 annually in Oklahoma City, OK, enjoys an enviable quality of life characterized by a cost-effective living environment, affordable housing options