Quality of Life in Wichita, KS on a $148,050 Salary
Individuals earning a salary of $148,050 in Wichita, KS, enjoy a quality of life influenced by several factors, including the cost of living, housing affordability, healthcare access, and education quality compared to the broader United States. Below is a detailed overview of these aspects:
Cost of Living
- Affordability: Wichita's cost of living is significantly lower than the national average, making a salary of $148,050 quite substantial for maintaining a comfortable lifestyle.
- Everyday Expenses: Residents typically spend less on groceries, utilities, and transportation compared to those in larger metropolitan areas.
Housing Market
- Home Prices:
- The median home price in Wichita is considerably lower than national averages.
- This salary allows individuals to comfortably afford a larger home or more premium real estate options.
- Market Trends:
- The housing market in Wichita is relatively stable, with modest growth in property values, making it a buyer-friendly market.
Quality of Life
- Standard of Living:
- Higher disposable income due to lower living costs enhances the overall standard of living.
- Residents enjoy a mix of urban and suburban amenities, including parks and cultural activities.
Access to Healthcare
- Healthcare Facilities:
- Wichita offers robust healthcare services with several well-regarded hospitals and clinics.
- Healthcare costs are moderately priced compared to the national average, contributing to better accessibility.
Quality of K-12 Schools
- Education System:
- Wichita has a diverse mix of public and private schools, with some institutions recognized for academic excellence.
- The investment in local education infrastructure supports a sound learning environment and varied educational opportunities.
Assessment Summary
Individuals earning $148,050 annually in Wichita, KS, benefit from a strong purchasing power due to the lower cost of living and affordable housing market. These economic advantages are coupled with decent access to healthcare and good quality K-12 educational opportunities, enhancing the overall quality of life compared to many other regions in the United States.