Quality of Life in Phoenix, AZ on a $136,400 Salary

Cost of Living Overview

• Phoenix's cost of living is slightly higher than the national average.
• The price of necessities like groceries, transportation, and healthcare tends to align with or slightly exceed national averages.
• Utility costs in Phoenix, such as electricity, are higher due to seasonal demands for air conditioning.

Housing Market

• Median Home Prices: Real estate prices in Phoenix have seen a significant rise, driven by rapid population growth and increased demand.
• Affordability: A salary of $136,400 offers a comfortable ability to purchase a mid-range home, as the typical household income in Phoenix is lower.
• Rental Market: Renting may be competitive, with rents often surpassing national averages.

Quality of Life

• Lifestyle: Phoenix offers a vibrant lifestyle with numerous recreational activities, diverse dining options, and cultural events.
• Climate: The warm desert climate provides ample opportunities for outdoor activities nearly year-round.
• Traffic and Transportation: Commute times can be longer due to urban sprawl, although public transportation is gradually improving.

Access to Healthcare

• Healthcare Facilities: Phoenix has a robust healthcare system with several high-quality hospitals and specialized medical facilities.
• Healthcare Costs: Healthcare expenses are in line with national figures, making it relatively manageable on a $136,400 salary.

Quality of K-12 Schools

• Public Schools: The quality of public education varies widely across different districts, with some high-performing schools and others needing improvement.
• Private and Charter Schools: There are numerous private and charter school options, providing a higher level of education but often at a cost.

Summary

Living in Phoenix, AZ, on a $136,400 salary provides a comfortable quality of life relative to national standards, especially when considering housing affordability and access to amenities. The cost of living reflects the city's growing status, with elevated housing and healthcare costs balanced by a thriving lifestyle and job market. With diverse educational opportunities and a strong healthcare system, Phoenix stands out as a desirable location for individuals earning this salary level.