Quality of Life in Colorado Springs, CO for an Annual Income of $92,640
Cost of Living
- Comparable to National Average: The cost of living in Colorado Springs is generally close to the national average, offering a balance of affordability and quality amenities.
- Key Expenses:
- Groceries and Utilities: Slightly higher than the national average but manageable within a $92,640 yearly income.
- Transportation Costs: Competitive with other urban areas, with reasonable gas and public transport prices.
Housing Market
- Median Home Price: As of late 2023, the median home price in Colorado Springs is significantly above the national average—indicative of the region's desirability.
- Home Affordability: An income of $92,640 allows for potential home ownership but requires careful budgeting due to rising home prices.
- Rental Market: Offers a variety of options, with average rent prices moderately higher than the national average.
Quality of Life
- Outdoor Activities: Known for its proximity to the Rocky Mountains, providing exceptional opportunities for hiking, skiing, and other outdoor activities.
- Community and Culture: A vibrant cultural scene, with numerous local events, festivals, and a strong arts community.
- Climate: Enjoys four distinct seasons, contributing to a varied lifestyle experience.
Access to Healthcare
- Healthcare Quality: High-quality healthcare facilities are accessible, with a network of renowned hospitals and medical centers.
- Healthcare Costs: Costs are relatively typical for the United States but can vary depending on specific healthcare needs and insurance plans.
Quality of K-12 Schools
- Educational Standards: Colorado Springs boasts a number of highly rated public and private schools.
- Education Opportunities: Offers extensive programs and extracurricular activities that support well-rounded educational development.
- School Choice: Families can consider district open enrollment options, enhancing educational flexibility.
Summary of Assessment
Living in Colorado Springs with a $92,640 annual income generally offers a good quality of life, characterized by access to outdoor recreation, cultural activities, and a robust education system. While housing costs can be a challenge, careful financial planning can enable a comfortable lifestyle. The availability of quality healthcare and education further enhances living standards, making the city an attractive place for individuals and families seeking a balanced and dynamic living environment.
