Quality of Life in Sacramento, CA: An Assessment for an Income of $154,530
Income Overview
- Annual Income: $154,530
- Comparison to U.S. Median: Significantly higher than the U.S. median household income, which is approximately $70,000.
Cost of Living
- Overall Cost: Approximately 20% higher than the national average.
- Groceries and Utilities: Moderately above average, with utilities being slightly more affordable than some other California cities.
- Transportation and Healthcare: Costs are also higher than the national average, though somewhat offset by relatively lower utility expenses.
Housing Market
- Median Home Price: Around $500,000, compared to the national median of approximately $350,000.
- Rental Costs: Higher than national average, with a typical one-bedroom apartment costing around $1,600 per month.
- Purchasing Power: Individuals with this salary can afford median housing prices comfortably but might need to budget for overall living expenses.
Quality of Life
- Climate: Mediterranean-like with mild winters and hot, dry summers, appealing to those who enjoy a sunny climate.
- Recreation: Access to outdoor activities like hiking and water sports, proximity to Napa Valley’s wine country, and the cultural amenities of nearby San Francisco.
Access to Healthcare
- Healthcare Quality: Generally high with several reputable hospitals and healthcare facilities.
- Cost: Higher cost of healthcare services compared to the national average, requiring budget considerations for medical expenses.
Quality of K-12 Schools
- Public Schools Rating: Mixed, with some highly rated schools and others requiring improvement.
- Private School Options: Several reputable private schools available, offering alternatives to public education.
- Educational Spending: Moderate, with investment in K-12 education varying by district.
Summary
Living in Sacramento, CA, with an annual income of $154,530, can afford a higher quality of life relative to many parts of the United States, but it comes with a higher cost of living and housing expenses. The housing market is competitive, with home and rental prices significantly above the national average. Quality of life is enhanced by a pleasant climate and ample recreational opportunities. However, healthcare and educational factors require careful consideration, particularly when it comes to budgeting for additional costs not covered by the salary alone. Overall, Sacramento provides