Quality of Life in Sacramento, CA with a $199,580 Income

Cost of Living

• Cost of Living Index: Sacramento's cost of living index is higher than the national average but lower than cities like San Francisco and Los Angeles.
• Breakdown:
  • Housing: The cost constitutes the largest portion and is significantly higher than the national average.
  • Utilities & Transportation: These are moderately above the national average.
  • Groceries & Dining: Costs are relatively close to the nationwide average.

Housing Market

• Median Home Price: As of the latest data, the median home price in Sacramento is around $500,000, which is considerably higher than the national median.
• Affordability: With an income of $199,580, affording a home in Sacramento is feasible, and significantly more accessible than in many other parts of California, offering a larger living space or a better location within the city.
• Rental Market: Rent prices have been on the rise but are still less expensive than in other major Californian metros.

Quality of Life

• Income: A salary of $199,580 offers a comfortable lifestyle, allowing room for savings and discretionary spending.
• Employment Opportunities: The city hosts a diverse job market with opportunities in government, healthcare, and technology.
• Recreation & Culture: Sacramento offers a wide array of cultural events, outdoor activities, and proximity to wine country and the Bay Area.

Access to Healthcare

• Healthcare Facilities: Sacramento has access to high-quality hospitals and specialists, including major medical centers like Sutter Health and UC Davis Medical Center.
• Cost of Healthcare: While expenses are above the national average, the quality and availability of care are strong.

Quality of K-12 Schools

• Public Schools: Sacramento offers a range of public schools with varying performance levels, some ranking above average in state assessments.
• Private Education: There are several highly-rated private schools that provide alternative educational options.
• Education Investment: High income allows for greater flexibility in school choice or additional tutoring resources if needed.

Overall, earning $199,580 per year in Sacramento provides a strong quality of life. The income is sufficient to cover the above-average cost of living comfortably, including a good quality home, access to high-quality healthcare, and the opportunity for a quality education for children.