Quality of Life in Colorado Springs, CO on a $130,720 Annual Salary
Living in Colorado Springs, CO, with an annual salary of $130,720 offers a relatively comfortable lifestyle compared to the broader United States. Here's an in-depth look at various aspects of living in this region:
Cost of Living
- Overall Affordability: The cost of living in Colorado Springs is slightly higher than the national average, but the salary of $130,720 provides ample means to maintain a comfortable lifestyle.
- Utilities and Transportation: Utility costs and transportation expenses are typically manageable, aligning closely with national averages.
- Groceries and Restaurants: Dining out and purchasing groceries might be a bit pricier, but the salary allows for a reasonable leeway in spending.
Housing Market
- Home Prices: The median home price in Colorado Springs is above the national median, but with a higher-than-average salary, homeownership is accessible.
- Rental Market: Renting is a lower cost alternative, with rental prices being competitive and influenced by the influx of residents.
- Investment Potential: Real estate in Colorado Springs shows potential for appreciation, making it an investment prospect for homeowners.
Quality of Life
- Outdoor Activities: Surrounded by mountains and parks, the city is a haven for outdoor enthusiasts. Hiking, skiing, and mountain biking are popular activities.
- Cultural Scene: The city hosts a variety of cultural events, museums, and galleries, contributing positively to community life.
- Safety: Colorado Springs offers a safe living environment with a relatively low crime rate compared to other cities of similar size.
Access to Healthcare
- Healthcare Facilities: The city has several high-quality hospitals and healthcare centers, ensuring that residents have access to necessary medical care.
- Healthcare Costs: While slightly above the national average, the healthcare expenses are manageable within this salary bracket.
Quality of K-12 Schools
- Public Education: Colorado Springs is home to several highly-rated public schools, providing quality education and a range of extracurricular activities.
- Private Schools: For families considering private education, there are numerous reputable private institutions offering diverse curricula.
Summary
Living in Colorado Springs on an income of $130,720 affords a quality life with the ability to comfortably manage the higher cost of living relative to other parts of the country. The robust housing market, excellent recreational opportunities, accessible healthcare, and strong
