Quality of Life in Phoenix, AZ on a $133,840 Income

Living in Phoenix, Arizona, on a yearly income of $133,840 can provide a comfortable lifestyle relative to many parts of the United States. Below is an assessment of the cost of living, housing market, quality of life, healthcare access, and education.

Cost of Living

• Cost Index: Phoenix has a relatively moderate cost of living index compared to other major U.S. cities. It is neither among the most expensive nor the cheapest cities.
• Expenses: With an income of $133,840, individuals and families can comfortably cover bases such as groceries, transportation, and utilities.

Housing Market

• Median Home Price: The median home price in Phoenix is generally below the national average, making homeownership more accessible for individuals with this income.
• Housing Affordability: Individuals earning $133,840 can typically afford a mid-range home without exceeding recommended debt-to-income ratios.
• Renting vs. Buying: Renting can also be a viable option, with rental prices being relatively lower compared to other major metropolitan areas like Los Angeles or New York.

Quality of Life

• Climate and Environment: Phoenix is known for its sunny weather and arid climate, which is attractive to those who enjoy outdoor activities year-round.
• Amenities: The city boasts numerous parks, cultural attractions, and a variety of dining and entertainment options.
• Safety: Like any large city, Phoenix has areas with varying crime rates; however, many neighborhoods are considered safe and family-friendly.

Access to Healthcare

• Healthcare Facilities: Phoenix has a wide range of healthcare facilities, including top-notch hospitals and specialized clinics.
• Healthcare Costs: Healthcare expenses in Phoenix are roughly on par with national averages, providing good access without excessive cost.

Quality of K-12 Schools

• Public Education: The quality of public schools in Phoenix varies by district, with some areas offering highly rated educational institutions.
• Private Schools: There are also numerous private and charter schools providing alternative educational opportunities.
• Extracurricular Opportunities: Phoenix schools often offer a variety of sports and arts programs, enhancing student experiences outside the classroom.

Summary of Assessment

With an annual income of $133,840, residing in Phoenix offers a balanced lifestyle where individuals can enjoy a moderate cost of living and affordable housing options. The quality of life is enriched by a favorable climate, numerous amenities, and good healthcare