Quality of Life in Oklahoma City, OK for an Income of $138,450
Making $138,450 per year in Oklahoma City (OKC) can provide a comfortable lifestyle, given the relatively moderate cost of living compared to many other parts of the United States. Here’s an overview of how this income level aligns with the cost of living, housing, healthcare, and education in the city:
Cost of Living
- Overall Expenses: Oklahoma City has a lower cost of living than the national average. Day-to-day expenses such as groceries, utilities, and transportation are generally more affordable.
- Income Sufficiency: Earning $138,450 means you are considerably above the median household income for the area, providing financial flexibility and comfort.
- Savings Potential: With this income, there is a good opportunity to save a substantial portion of earnings or invest in higher-quality goods and services.
Housing Market
- Home Prices: The housing market in Oklahoma City is affordable compared to the national average. Median home prices are significantly lower, making home ownership attainable on this salary.
- Investment Opportunity: Lower housing costs also make it possible to invest in real estate, either through purchasing a larger home or acquiring additional properties.
Quality of Life
- Lifestyle Affordability: The income provides access to a variety of entertainment, dining, and cultural opportunities in OKC without financial strain.
- Community and Recreation: Oklahoma City offers numerous parks, recreational activities, and community events for an enjoyable lifestyle.
Access to Healthcare
- Healthcare Facilities: The city houses several well-regarded hospitals and clinics, providing access to quality healthcare.
- Affordability: Healthcare costs in Oklahoma City can be lower than the national average, particularly when receiving employer-sponsored healthcare with this income.
Quality of K-12 Schools
- Public School Options: Oklahoma City has a mix of public schools with varying performance levels. Families often seek out specific districts known for quality education.
- Private Education: The income allows consideration of private schooling options, which can provide alternative or enhanced educational opportunities.
Overall Assessment
Earning $138,450 annually in Oklahoma City generally enables a high quality of life, marked by affordable housing, a lower cost of living, and accessibility to essential services and amenities. This income allows individuals and families to comfortably engage in the community, invest in real estate, and choose between various educational opportunities,