Quality of Life in Colorado Springs, CO on a $135,360 Salary
Overview of Cost of Living
- Cost of Living Index: Colorado Springs has a cost of living index slightly higher than the national average of 100, typically ranging from 105 to 110.
- Relative Affordability: Compared to larger metropolitan areas like Denver or cities on the East and West Coasts, Colorado Springs offers a more moderate cost structure.
Housing Market
- Home Prices: The median home price in Colorado Springs tends to fluctuate around $450,000 to $500,000, which, while higher than the national median, remains affordable compared to major urban centers.
- Renting versus Buying: Renters can expect to pay around $1,500 to $2,000 per month for a two-bedroom apartment, which is competitive when considering the city's amenities and salary.
Quality of Life
- Outdoor Recreation: Abundant access to parks, hiking trails, and proximity to the Rocky Mountains enhances the lifestyle for outdoor enthusiasts.
- Cultural and Community Activities: A vibrant local arts scene, farmers markets, and community events provide ample opportunities for cultural engagement.
Access to Healthcare
- Healthcare Facilities: Colorado Springs boasts multiple hospitals and specialized medical centers, ensuring comprehensive healthcare access.
- Healthcare Costs: Medical expenses are relatively similar to national averages but potentially easier to manage with a $135,360 salary.
Quality of K-12 Schools
- Public Education: The area features a range of public schools with varying performance; however, several are rated highly, providing quality education options.
- School Choice: Availability of charter and private schools offers flexibility for parents considering different educational paths for their children.
Assessment
While the cost of living in Colorado Springs is slightly above the national average, a salary of $135,360 allows for a comfortable lifestyle. The housing market, while pricier than some regions, is attainable relative to income, especially when considering lower costs compared to larger cities. The lifestyle benefits from excellent access to outdoor recreation and community amenities, supporting a high quality of life. Furthermore, healthcare access is solid, and educational facilities provide a range of quality options, enhancing the overall living conditions in Colorado Springs.
