Quality of Life in Colorado Springs, CO for a $118,160 Annual Salary

Living in Colorado Springs with a salary of $118,160 can provide a comfortable lifestyle, given the city's cost of living and overall amenities. Below is a detailed assessment of various aspects that define the quality of life in this region.

Cost of Living

• General Costs: Colorado Springs has a moderate cost of living compared to other cities in the U.S. While it is slightly higher than the national average, it is still more affordable than living in major metropolitan areas like Denver.
• Utilities and Groceries: Prices for utilities and groceries are fairly average, aligning closely with national figures, making daily living expenses manageable on a $118,160 salary.
• Transportation: Public transportation is less prevalent, so car ownership is common among residents. Gas prices and vehicle upkeep costs are relatively stable.

Housing Market

• Median Home Prices: The housing market has experienced significant growth, with median home prices higher than some national averages but still more affordable compared to large coastal cities.
• Affordability: With a salary of $118,160, purchasing a home is feasible, though prospective homeowners should be prepared for competitive bidding due to the desirable location and community.
• Rental Market: Renting is also a viable option, with a range of apartments and houses available for various budgets, although rents have been rising parallel to the national trend.

Quality of Life

• Outdoor Activities: Colorado Springs is renowned for its outdoor lifestyle, offering access to hiking, rock climbing, and ski resorts, enhancing overall well-being and recreation.
• Community and Culture: A strong sense of community coupled with various cultural and social events add to the vibrant living experience in this city.

Access to Healthcare

• Healthcare Facilities: The city has several high-quality hospitals and clinics, ensuring excellent access to medical care.
• Insurance and Costs: Health insurance and medical costs are comparable with national averages, making healthcare relatively accessible.

Quality of K-12 Schools

• Public Schools: Public schools in Colorado Springs are generally well-regarded, with many schools performing above state and national averages.
• Private and Charter Schools: The area also offers a range of private and charter schools, providing diverse education options for families.

Summary of Assessment

Earning $118,160 annually in Colorado Springs offers a solid quality of life characterized by a comfortable