Quality of Life in Wichita, KS on a $118,950 Salary

Overview of Cost of Living

• Cost of Living Index: Wichita's cost of living is generally lower than the U.S. national average. This includes lower costs in housing, groceries, transportation, and utilities.
• Affordability: The relative affordability allows for greater discretionary spending and savings opportunities compared to more expensive urban areas.

Housing Market

• Home Prices: The median home price in Wichita is significantly lower than the national median. This makes homeownership more accessible for those earning $118,950 per year.
• Property Taxes and Utilities: These costs are also relatively moderate, allowing residents to maintain a comfortable standard of living without excessive financial strain.

Quality of Life

• Income-to-Expense Ratio: With a salary of $118,950, residents can comfortably cover living expenses while maintaining a good balance for savings and leisure activities.
• Community and Lifestyle: Wichita offers a welcoming community atmosphere, with access to various parks, cultural events, and recreational opportunities.

Access to Healthcare

• Healthcare Facilities: Wichita hosts several reputable healthcare facilities, ensuring residents have access to quality medical care.
• Healthcare Costs: Healthcare costs are generally in line with or slightly below the national average, contributing to the overall affordability.

Quality of K-12 Schools

• Public Schools: Wichita offers a range of K-12 educational institutions with varying performance metrics. Some schools rival national standards, while others provide a satisfactory educational experience.
• Private and Charter Schools: Options are available for those seeking alternative education environments, often offering higher or specialized educational standards.

Summary

Living in Wichita, KS, with a salary of $118,950 provides a favorable quality of life compared to many parts of the United States. The lower cost of living and housing market make it easier to manage financial obligations, while access to healthcare and educational facilities contribute positively to the overall living experience. Residents can enjoy a balanced lifestyle with financial stability, community engagement, and diverse opportunities for both personal and professional growth.