Quality of Life in Sacramento, CA with an Income of $173,740
Living in Sacramento, California with an annual income of $173,740 offers a favorable quality of life compared to many other parts of the United States. Below is an assessment of how this salary stacks up against the cost of living, housing, healthcare, and schools in the area.
Cost of Living
- Overall Cost Index: Sacramento's cost of living is slightly higher than the national average.
- Utilities and Transportation: Residents pay moderately high rates for utilities and transportation, aligning with California's general cost index.
- Groceries and Dining: Prices are somewhat elevated but not prohibitively expensive, enabling comfortable expenditure on day-to-day essentials.
Housing Market
- Median Home Price: As of recent statistics, the median home price in Sacramento is notably higher than the national median. However, homes are still more affordable than those in larger California cities like San Francisco or Los Angeles.
- Renting vs. Buying: The housing market allows flexibility between renting and buying, with competitive rent prices for those choosing not to purchase a home immediately.
Quality of Life
- Climate and Environment: Sacramento is known for its Mediterranean climate, offering an abundance of sunny days and mild weather, enhancing outdoor recreation and general well-being.
- Cultural and Recreational Activities: The city boasts rich cultural resources, including museums, art galleries, and music festivals, alongside ample parks and nature trails.
Access to Healthcare
- Healthcare Facilities: Sacramento provides residents with numerous high-quality healthcare facilities, with a density of hospitals and clinics comparable to major urban areas.
- Healthcare Cost: While healthcare services can be expensive, the quality and range of services available contribute positively to health and wellness.
Quality of K-12 Schools
- School Options: The city offers a mix of public, charter, and private schools. Some districts and schools are highly rated, providing strong educational opportunities.
- Performance and Programs: Sacramento's schools are known for diverse programs and student achievements, although the quality can vary significantly between different neighborhoods.
Summary
An annual income of $173,740 in Sacramento, CA, provides a comfortable lifestyle with access to desirable housing, satisfactory healthcare, and a rich selection of cultural and recreational activities. The cost of living, while above the national average, allows for a high quality of life with room for savings
