Quality of Life in Phoenix, AZ for an Annual Salary of $89,040

Overview

Living in Phoenix, Arizona, with an annual income of $89,040 offers a competitive quality of life in comparison to the national average. Below is an evaluation of various aspects crucial to assessing the cost of living, housing market, quality of life, healthcare access, and education quality in the area.

Cost of Living

• Overall Cost: Phoenix's cost of living is generally on par with the national average. While some essentials may cost slightly more, others are relatively affordable.
• Utilities and Transportation: Utility costs tend to be higher due to the need for air conditioning in summer, while transportation costs are moderate, with a well-connected public transit system.
• Groceries and Dining: Prices are moderately in line with other major cities, with plenty of options for both budget and premium choices.

Housing Market

• Home Prices: The real estate market in Phoenix has been growing, with home prices slightly above the national median. However, they remain more affordable than in other large metropolitan areas such as Los Angeles or New York City.
• Rent: Renting is also a viable option, with average rental prices being reasonable, allowing a significant portion of income to be reserved for other necessities or savings.

Quality of Life

• Weather: Phoenix offers a sunny climate year-round, though it has extremely hot summers. This warm environment is ideal for those who enjoy outdoor activities.
• Entertainment and Culture: There is an abundance of recreational opportunities, including sports, arts, and diverse cultural events.
• Safety: Crime rates in Phoenix are comparable to other large cities, with certain neighborhoods offering safer living environments than others.

Access to Healthcare

• Medical Facilities: Phoenix has a robust healthcare infrastructure with several well-regarded hospitals and specialized medical centers.
• Health Insurance: Employment often covers health insurance, but options outside of work can vary in cost, depending on the depth of coverage.

Quality of K-12 Schools

• Public Schools: The quality of public schools can vary, with some districts performing above average while others meet state standards. School choice is an important consideration for families.
• Private and Charter Schools: There are numerous private and charter school options that offer alternative educational opportunities for higher academic demands.

Summary

Living in Phoenix, AZ, with a salary of $89,040