Quality of Life in Colorado Springs, CO

Salary Overview

• Annual Salary: $114,240
• Comparison: Above the national average wage, which provides a comfortable standard of living in many U.S. regions

Cost of Living

• Overall Expenses: Generally aligns with the national average but is slightly higher due to housing costs.
• Utilities and Groceries: These basics tend to be reasonably priced, making them manageable on the given salary.
• Transportation: Moderate costs, with options for public transit and nearby interstate travel.

Housing Market

• Median Home Price: As of recent data, it is higher than the national median home price.
• Affordability: The given salary allows for potential home ownership, though budget-conscious purchasing is advisable.
• Renting Options: Rental prices are robust, yet quality apartments and homes are accessible within a reasonable budget.

Quality of Life

• Outdoor Recreation: Abundant access to natural parks, hiking trails, and outdoor activities, enhancing lifestyle options.
• Cultural Offerings: Museums, art galleries, and local events provide cultural enrichment opportunities.
• Crime Rate: Relatively low crime rate compared to other urban areas, contributing to a sense of safety.

Access to Healthcare

• Healthcare Facilities: Well-serviced with reputable hospitals and clinics.
• Cost and Quality: Slightly above the national average, but with quality services that justify spending.
• Health Insurance: Standard premium costs, with the salary offering extensive coverage options.

Quality of K-12 Schools

• Public Schools: Range from average to above-average rankings, with some highly rated schools.
• Private School Options: Available for more tailored educational experiences.
• Extracurriculars: Robust programs in both public and private schools enhancing student engagement.

Summary

Living in Colorado Springs, with an annual salary of $114,240, offers a high quality of life due to a balanced cost of living, access to nature, quality education, and healthcare services. While housing costs are notable, strategic financial planning enables a comfortable and fulfilling lifestyle characterized by plentiful recreational activities and a safe environment.