Quality of Life in Colorado Springs, CO on a $92,640 Salary
Overview
Living in Colorado Springs, CO, with an annual salary of $92,640 provides a decent quality of life. This city combines a scenic setting with a relatively affordable cost of living compared to other areas in Colorado. Here's a breakdown of the cost of living, housing, healthcare, and education in Colorado Springs relative to the broader United States.
Cost of Living
- Overall Cost: Colorado Springs’ cost of living is slightly above the national average but is more affordable compared to other major Colorado cities like Denver or Boulder.
- Utilities: Expected utility costs are in line with national averages, offering stability in monthly expenses.
- Groceries and Transportation: Prices for groceries and transportation are moderate, making day-to-day living manageable on this salary.
Housing Market
- Average Home Price: The median home price in Colorado Springs is higher than the national average, impacting potential homebuyers with limited starting capital.
- Rental Market: Renting is a viable option, with prices moderate yet rising, reflecting increased demand and investment interests in the area.
Quality of Life
- Outdoor Recreation: Known for its scenic beauty and outdoor activities, Colorado Springs offers a range of recreational opportunities, contributing positively to overall quality of life.
- Cultural Amenities: The city hosts various cultural events and has numerous parks, making it family-friendly and vibrant.
Access to Healthcare
- Healthcare Facilities: Colorado Springs is equipped with reputable hospitals and clinics, offering a good range of healthcare services.
- Healthcare Costs: The cost of healthcare is slightly above the national average, which is worth considering when budgeting for medical expenses.
Quality of K-12 Schools
- School Districts: Colorado Springs boasts several highly-rated school districts, providing quality education and diverse extracurricular options.
- Educational Opportunities: Families have access to both public and private schooling options, with some schools recognized for academic excellence.
Summary
Overall, a salary of $92,640 in Colorado Springs offers a comfortable lifestyle, with access to strong educational opportunities, healthcare, and recreational activities. While the housing market remains a challenge due to rising prices, the city's appeal lies in its outdoor activities and community-centered living. As part of Colorado's growing urban areas, it offers a balanced lifestyle for both individuals and families alike.
