Quality of Life Assessment in Colorado Springs, CO

Income Overview

• Annual Salary: $72,800
• Comparison: Slightly above the national median household income

Cost of Living

• Overall Costs:
  • The cost of living in Colorado Springs is slightly above the national average.
  • Residents experience higher costs in specific areas like housing and transportation.
• Basic Necessities:
  • Grocery and utility costs are relatively moderate compared to the national average.

Housing Market

• Average Home Price:
  • Colorado Springs has a median home price higher than the national average.
  • The housing market is competitive with a recent trend toward increasing prices.
• Affordability:
  • With a salary of $72,800, housing affordability can be challenging, especially for first-time buyers.
  • Renting is a viable option, with rental prices being more accessible.

Quality of Life

• Lifestyle and Environment:
  • Colorado Springs offers a high quality of life with scenic views and ample outdoor recreation opportunities.
  • Low crime rates compared to other similarly sized cities contribute to a sense of safety.
• Cultural and Social Opportunities:
  • The city offers a range of cultural, dining, and entertainment options.

Access to Healthcare

• Healthcare Facilities:
  • Colorado Springs is home to several well-regarded healthcare facilities.
  • Access to medical care is generally convenient and timely.
• Healthcare Costs:
  • Healthcare costs are in line with the national average, but out-of-pocket expenses may vary based on insurance coverage.

Quality of K-12 Schools

• Educational System:
  • Schools in Colorado Springs have a reputation for quality, including several highly-rated institutions.
  • Factors such as school funding and resources may vary by district.
• Extracurricular Opportunities:
  • Schools offer a wide range of extracurricular activities, including athletics and the arts.

Summary

Living in Colorado Springs with an income of $72,800 provides a decent quality of life, though challenges such as housing affordability may arise. The city offers a robust community feel, excellent access to outdoor activities, and decent public services. Overall, while some costs might be above the national average, the trade-off comes in the form of a scenic, active, and culturally rich environment.