Quality of Life in Colorado Springs, CO for a $120,000 Annual Salary

Cost of Living

• Overall Cost of Living: The cost of living in Colorado Springs is slightly above the national average but is considered more affordable than some other parts of Colorado, such as Denver or Boulder.
• Groceries and Utilities: Costs for groceries and utilities are around the national average, making daily life relatively manageable with a $120,000 salary.
• Transportation: Public transportation is available but somewhat limited; however, commuting costs tend to be on par with national standards due to reasonable gas prices.

Housing Market

• Median Home Price: As of the latest data, the median home price in Colorado Springs is slightly above the national average, around $450,000.
• Affordability: With a $120,000 salary, homeownership is achievable, especially if buyers are willing to look for homes slightly below the median price or consider townhouses and condos.
• Rental Market: Renters can expect costs that are in line with or slightly above the national average, with rental prices for a standard two-bedroom apartment ranging from $1,500 to $2,000 monthly.

Quality of Life

• Outdoor Activities: Colorado Springs offers a wealth of outdoor activities, such as hiking, skiing, and exploring local parks. This greatly enhances quality of life for those who enjoy an active lifestyle.
• Climate: The city enjoys a relatively mild climate with over 300 days of sunshine, suitable for outdoor enthusiasts.
• Community and Culture: There’s a strong sense of community, enriched by local festivals, cultural events, and a growing arts scene.

Access to Healthcare

• Healthcare Facilities: The area is served by several good hospitals and healthcare facilities, including UCHealth Memorial Hospital and Penrose-St. Francis Health Services.
• Healthcare Costs: Healthcare costs are slightly above the national average, which is something residents with specific health needs may need to consider.

Quality of K-12 Schools

• Education System: Colorado Springs offers a variety of K-12 school options, including highly rated public schools and various private institutions.
• School Quality: Some public schools in the area are renowned for their academic performance, creating an attractive environment for families.
• Extracurricular Opportunities: Schools in the area often offer robust extracurricular programs, enhancing both academic growth and personal development