Quality of Life in Colorado Springs, CO on a $119,200 Salary
Overview
Living in Colorado Springs, CO, with an annual salary of $119,200 offers a comfortable lifestyle compared to many other parts of the United States. Below is a detailed assessment of several key areas that affect the quality of life relative to the cost of living and the local housing market.
Cost of Living
- Overall Costs: Colorado Springs has a moderate cost of living, which is slightly higher than the national average. Residents generally find that their income stretches well across essential and discretionary spending.
- Groceries and Dining: Food costs are in line with national averages. Dining out could be a bit more expensive than in some other regions, especially in popular areas.
- Transportation: Costs for public and private transportation are reasonable, with many residents choosing to drive due to the convenience and efficiency.
Housing Market
- Home Prices: As of the latest data, the median home price in Colorado Springs is above the national average. However, the housing market provides diverse options ranging from affordable starter homes to luxurious properties.
- Rental Market: Rent prices are competitive, with a variety of options depending on desired proximity to the city center and local amenities.
Quality of Life
- Outdoor Activities: Colorado Springs is renowned for its access to outdoor recreation, including hiking, skiing, and other mountain sports, contributing positively to lifestyle and health.
- Cultural and Social Life: The city offers a vibrant arts and culture scene with museums, theaters, and community events, catering to a range of personal interests.
Access to Healthcare
- Healthcare Facilities: The city has a strong network of healthcare providers, including several top-ranking hospitals and clinics, ensuring residents have reliable access to medical services.
- Insurance Costs: Health insurance premiums are comparable to the national average, which can be comfortably managed within the salary bracket.
Quality of K-12 Schools
- Public Schools: Schools in Colorado Springs generally perform well, with several institutions recognized for their high educational standards and extracurricular opportunities.
- Private Education Options: There are also a variety of private schooling options available, catering to different educational preferences and specializations.
Assessment
Overall, an annual salary of $119,200 allows residents in Colorado Springs to enjoy a high quality of life. The combination of a manageable cost of living, an active and diverse lifestyle, quality education
