Quality of Life in Denver, CO: Income of $173,740 Per Year
Overview
An annual salary of $173,740 in Denver, CO, positions an individual comfortably relative to the city's cost of living and offers a quality lifestyle. Here is a breakdown of how this income aligns with various aspects of living in Denver compared to the broader United States.
Cost of Living
- Higher than National Average: Denver's cost of living is higher compared to many other cities in the U.S., but an income of $173,740 is well above the national median, allowing for ease in managing expenses.
- Key Expenses: Costs in groceries, transportation, and entertainment are above average, yet manageable with this salary.
Housing Market
- Higher Home Prices: The median home price in Denver surpasses the national average, reflecting the city's popularity and demand.
- Affordability: This income bracket allows for purchasing a comfortable home or renting premium apartments in desirable neighborhoods.
- Real Estate Competition: The market is competitive, and buyers need to act swiftly, but they are financially equipped to do so at this salary level.
Quality of Life
- Outdoor Recreation: Denver offers a variety of outdoor activities with proximity to the Rocky Mountains, appealing to those who appreciate nature.
- Cultural Activities: The city is rich in arts, sports, and culture, providing diverse options for lifestyle enhancement.
- Public Amenities: High-quality infrastructure and public services contribute positively to daily living experiences.
Access to Healthcare
- Availability: Denver boasts a robust healthcare system with numerous hospitals and specialists.
- Quality Care: Residents have access to high-quality medical services and innovative care options, essential for maintaining good health.
- Cost: While healthcare costs might be higher due to the cost of living, they are manageable with this income.
Quality of K-12 Schools
- Public Schools: Denver offers a range of public schools with varying performance metrics, often dependent on the specific neighborhood.
- Private and Charter Options: A number of private and charter schools exist, providing additional choices for quality education.
- Overall Rating: Education quality in Denver is generally regarded as good, with several schools receiving high ratings.
Summary
Living in Denver, CO, with an annual income of $173,740 affords a high quality of life, balancing out the city's higher cost of living and home
