Quality of Life in Phoenix, AZ on a $139,680 Annual Salary

Living in Phoenix, AZ, on an annual salary of $139,680 provides a comfortable lifestyle that generally aligns well with the city's cost of living and housing market. Below is an assessment of key facets affecting quality of life compared to the broader United States.

Cost of Living

• General Costs:

  • The cost of living in Phoenix aligns closely with the national average.
  • While some expenses such as utilities and transport may be slightly lower, groceries and healthcare costs often mirror the national scale.

• Disposable Income:

  • On a salary of $139,680, residents can comfortably afford essential expenses and still have a good portion left for leisure and savings.

Housing Market

• Home Prices:

  • Phoenix home prices have been rising but remain more affordable than other major U.S. cities like Los Angeles or New York.
  • Median home prices are slightly above the national average but are accessible on this salary, especially with strategic budgeting or mortgage planning.

• Rental Market:

  • Renting can be a viable option with moderate costs. The rental market is competitive but offers options across various neighborhoods.

Quality of Life

• Climate and Environment:

  • Residents of Phoenix enjoy over 300 days of sunshine per year, promoting outdoor activities and a high quality of life.
  • However, the high summer temperatures can be a downside for some, requiring effective summer planning.

• Cultural and Recreational Opportunities:

  • The city offers diverse cultural attractions, including museums, art districts, and sports events.
  • Outdoor enthusiasts benefit from proximity to natural parks and recreational areas.

Access to Healthcare

• Healthcare Facilities:

  • Phoenix is home to many reputable hospitals and clinics, ensuring access to quality healthcare.

• Healthcare Costs:

  • Healthcare expenses are slightly higher than the national average, but coverage options and employer benefits can offset these costs.

Quality of K-12 Schools

• School System:

  • Phoenix has a mix of public and private schools, with varying ratings and performance levels.
  • The quality of K-12 education can depend greatly on the district, with some offering excellent programs and facilities.

• Extracurricular Opportunities:

  • Schools in Phoenix often provide extensive extracurricular activities, including arts, sports, and STEM clubs.

Summary

Phoenix offers a balanced and