Quality of Life in Colorado Springs on a $106,800 Salary

Overview

Living in Colorado Springs with a salary of $106,800 offers a comfortable lifestyle that compares favorably to many parts of the United States. This income level provides the opportunity to afford the area's costs, which balance reasonably with national averages in key areas such as housing, healthcare, and education.

Cost of Living

• General Cost: The overall cost of living in Colorado Springs is slightly higher than the national average but remains manageable for individuals and households with an income of $106,800.
• Utilities and Groceries: Prices for utilities, groceries, and transportation are similarly aligned with national averages, providing stable living expenses.

Housing Market

• Home Prices: The median home price in Colorado Springs is higher than the national average but still affordable with this income level.
• Rent vs. Mortgage: Those with a $106,800 salary will typically find it feasible to own a home or rent a comfortable property while maintaining other aspects of their standard of living.

Quality of Life

• Lifestyle Amenities: The city offers abundant recreational opportunities due to its proximity to the mountains and numerous parks, supporting a healthy and active lifestyle.
• Cultural and Social Scene: Colorado Springs, with its growing cultural and social scene, provides various events and community activities that enhance resident satisfaction.

Access to Healthcare

• Healthcare Facilities: The city has excellent healthcare facilities, including a range of specialist services and general care providers.
• Healthcare Costs: While healthcare costs are slightly higher than the national average, they remain accessible for those earning $106,800.

Quality of K-12 Schools

• Education Standards: K-12 schools in Colorado Springs are known for their strong educational programs and high graduation rates.
• Public and Private Options: Residents have access to well-regarded public schools as well as a variety of private and charter school options, ensuring quality education for families.

Assessment

Residing in Colorado Springs with an annual income of $106,800 allows for a balanced and fulfilling lifestyle. The salary suffices to cover living expenses comfortably, engage in recreation, access good healthcare, and provide quality education for children.