Quality of Life in Austin, TX on an Annual Salary of $117,555
With an annual income of $117,555, a resident in Austin, TX can enjoy a comfortable standard of living. Below, we evaluate various aspects that influence quality of life, comparing them to averages in the broader United States.
Cost of Living
- Overall Expenses: While Austin's cost of living is above the national average, a salary of $117,555 provides ample means to cover daily expenses comfortably.
- Utilities and Services: Utility costs, including electricity and water, are reasonably priced, often aligning closely with national averages.
- Groceries and Dining: Food costs are slightly elevated compared to neighboring regions but remain manageable within this salary bracket.
- Transportation: Owning and maintaining a vehicle is feasible, and public transport options are affordable, although less comprehensive than in larger metropolitan areas.
Housing Market
- Home Prices: Austin's housing market is competitive, with prices higher than the national median. However, this salary grants access to purchasing or renting a home in desirable neighborhoods.
- Property Taxes: Taxes are on the higher side, reflecting the rising property values, yet they're aligned with the state's lack of income tax, balancing the financial equation.
Quality of Life
- Cultural and Recreational Opportunities: Known for its vibrant music scene, eclectic festivals, and abundant parks, Austin offers a rich cultural experience coupled with numerous outdoor activities.
- Safety: Generally considered safe, Austin’s crime rates vary by neighborhood, but many areas boast low crime rates and community-friendly environments.
Access to Healthcare
- Healthcare Services: Austin is home to several top-tier hospitals and medical facilities, providing excellent healthcare access.
- Cost of Healthcare: Medical services are costlier than in other parts of Texas, though comprehensive insurance mitigates out-of-pocket expenses effectively.
Quality of K-12 Schools
- Public Education: Austin Independent School District (AISD) offers reputable public schooling, with a range of programs that cater to diverse educational needs.
- Private Education: Multiple private and charter school options are available for a range of budgets, enriching the K-12 educational landscape.
Assessment
Living in Austin, TX on $117,555 annually provides a lifestyle that balances higher living costs with abundant amenities and vibrant community features. The strong presence of quality education and healthcare complements the city’s robust cultural atmosphere, making Austin a desirable place for professionals and families alike.
