Quality of Life in Colorado Springs with an Income of $91,040

Cost of Living

• Overall Cost Index: The cost of living in Colorado Springs is slightly above the national average, with an overall index around 5% higher than the broader United States average.
• Utilities and Transportation: These are on par or slightly below national figures, offering some savings compared to other expenditures.
• Groceries and Dining: Costs are modestly higher, but within a reasonable range for an urban area with diverse options.

Housing Market

• Median Home Price: The median home price in Colorado Springs is approximately $450,000, higher than the national average.
• Renting Costs: Renting is a popular option, with prices averaging around $1,400 for a two-bedroom apartment.
• Home to Income Ratio: While home prices are above the national average, an income of $91,040 provides a moderate capacity for home ownership if expenses are managed carefully.

Quality of Life

• Outdoor Recreation: Colorado Springs offers abundant outdoor activities including hiking, skiing, and scenic parks, enhancing overall lifestyle satisfaction.
• Cultural Amenities: The city has a vibrant cultural scene with museums, galleries, and community events contributing to a balanced lifestyle.
• Safety and Community: Generally considered a safe city with numerous family-friendly neighborhoods, though crime rates can vary by area.

Access to Healthcare

• Healthcare Facilities: Colorado Springs has a strong healthcare system, with numerous hospitals and specialized medical centers.
• Insurance Coverage: Healthcare costs, though generally aligned with national trends, should be factored into budgeting, especially for families.

Quality of K-12 Schools

• Public Education: The city is home to some highly rated public schools, providing quality education options for children.
• Private and Charter Schools: There are also numerous private and charter schools, offering alternatives for families seeking specialized education programs.

Summary

The quality of life for someone earning $91,040 a year in Colorado Springs is comfortable but requires mindful budgeting, particularly when considering housing costs. The city's access to outdoor activities, quality healthcare, and educational institutions contribute to an enriching living experience. While the cost of living is higher than the national average, Colorado Springs offers diverse lifestyle benefits that can justify the expenses for many residents.