Quality of Life in Fresno, CA with an Annual Income of $97,440
Cost of Living
- Overall Cost Index: Fresno's cost of living index is slightly below the national average, making it relatively affordable compared to many major cities in California.
- Groceries and Utilities: Costs are consistent with national averages, allowing for manageable monthly expenses.
- Transportation: Public transportation options are limited, making car ownership a necessary expense that can impact the budget.
Housing Market
- Median Home Price: The housing market in Fresno is more affordable than the California average, with median home prices significantly below those of cities like San Francisco and Los Angeles.
- Renting vs. Buying: With the steady increase in housing prices, buying can be a beneficial long-term investment when compared to renting, provided budgetary flexibility.
Quality of Life
- Community and Lifestyle: Fresno offers a smaller urban environment with access to outdoor activities, including proximity to national parks like Yosemite.
- Crime Rates: Crime rates are comparatively higher than some other areas, which can influence neighborhood selection.
Access to Healthcare
- Healthcare Facilities: Numerous facilities with varying specializations exist, providing good access to essential healthcare services.
- Healthcare Costs: Competitive healthcare costs compare well with the national average, allowing for comprehensive coverage without excessive expense.
Quality of K-12 Schools
- Public Education: Schools in Fresno have mixed ratings, with some schools performing above average and others requiring improvements.
- Private School Options: There are several private schools available that provide alternatives for families seeking different educational opportunities.
Summary of Assessment
With an annual income of $97,440, living in Fresno, CA offers a balanced quality of life, with manageable costs relative to income. The affordability of housing and reasonable living expenses provide a stable lifestyle, though considerations about transportation and neighborhood safety remain pertinent. Access to healthcare is adequate, and while public schools vary in quality, families have multiple educational options. Overall, Fresno offers a practical choice for individuals seeking a cost-effective environment within California.
