Quality of Life in Colorado Springs, CO with a $122,560 Salary
Making $122,560 annually in Colorado Springs provides a comfortable lifestyle relative to the cost of living and the national average. Below is a detailed assessment of various aspects of living in Colorado Springs, including the cost of living, housing market, quality of life, healthcare, and education.
Cost of Living
- Overall Cost: Colorado Springs has a cost of living that is slightly higher than the national average but lower than other Colorado cities like Denver and Boulder.
- Groceries and Dining: Prices for groceries and dining are reasonable, aligning closely with the U.S. average.
- Utilities and Transportation: Utility costs and public transportation expenses are moderate, offering manageable monthly bills.
Housing Market
- Median Home Price: The median home price in Colorado Springs is higher than the national average but more affordable than in major metropolitan areas.
- Rental Market: Renting is a viable option, with prices that reflect a fair balance between demand and affordability.
- Home Buying: On a $122,560 salary, purchasing a home is feasible, with a variety of housing options available across different budgets.
Quality of Life
- Outdoor Recreation: The city offers abundant outdoor activities, with access to parks, hiking trails, and mountain ranges.
- Community and Safety: Colorado Springs is known for its friendly community and relatively low crime rates, contributing to a peaceful living environment.
- Employment Opportunities: The local job market is active, particularly in sectors like defense, technology, and tourism.
Access to Healthcare
- Healthcare Facilities: The city provides access to high-quality healthcare facilities, including several reputable hospitals and clinics.
- Healthcare Costs: While healthcare costs can be high, many employers offer comprehensive insurance packages as part of their benefits.
Quality of K-12 Schools
- Public Education: Colorado Springs has a mix of well-rated public schools, with numerous districts offering specialized programs.
- Private and Charter Schools: There are various private and charter school options, delivering alternative educational approaches.
- Extracurricular Opportunities: Schools offer a range of extracurricular activities, supporting diverse interests and talents.
Assessment of Living in Colorado Springs on $122,560
Residing in Colorado Springs on a salary of $122,560 provides a balanced and enjoyable lifestyle, with ample opportunity for home ownership and financial stability. The city's