Quality of Life in Oklahoma City, OK with an Annual Income of $119,400
Overview
Oklahoma City, OK, presents an appealing balance between employment income and cost of living, offering a competitive quality of life relative to many other areas in the United States.
Cost of Living
- Overall Cost: Generally lower than the national average, with affordability across various spending categories such as groceries, utilities, and transportation.
- Comparison: The cost of living index in Oklahoma City is typically below 100, indicating it is less expensive than the U.S. average.
Housing Market
- Median Home Price: The average home price in Oklahoma City is significantly lower than the national median, offering potential homeowners an opportunity to buy property at a more affordable rate.
- Housing Affordability: A salary of $119,400 is well-suited for purchasing a single-family home, making it feasible for individuals or families to enjoy homeownership.
- Rental Market: For those opting to rent, the market remains affordable with rental prices more forgiving than in major metropolitan areas.
Quality of Life
- Employment Prospects: With a strong job market, particularly in sectors like energy, aerospace, and healthcare, Oklahoma City offers diverse employment opportunities.
- Community and Culture: A vibrant arts scene, historic neighborhoods, and frequent community events contribute to a rich cultural environment.
- Recreation: Numerous parks, recreational facilities, and sports events enhance leisure options for residents.
Access to Healthcare
- Healthcare Facilities: Multiple hospitals and healthcare systems provide comprehensive services, with both general care and specialty options available.
- Cost and Availability: Medical costs are relatively affordable, and insurance coverage often compared favorably against broader national metrics.
Quality of K-12 Schools
- Public Education: Oklahoma City houses a mix of both well-regarded schools and those striving for improvement, reflecting a typical range found in any urban settings.
- School Choice: Options include public, private, and charter schools, allowing parents flexibility in choosing a suitable educational path for their children.
Summary
With an income of $119,400, residents in Oklahoma City can expect an excellent quality of life, characterized by affordable living costs and housing, robust job opportunities, decent healthcare access, and varied educational options. This income level supports a comparatively high living standard than many larger and more expensive U.S. cities.