Quality of Life in Colorado Springs, CO

Income Overview

• Annual salary considered: $73,440

Cost of Living in Colorado Springs

• Compared to U.S. Average: Slightly above the national average.
• Key Factors:
  • Groceries and Dining: Similar to the national average.
  • Transportation: Slightly lower than the national average.
  • Utilities: Generally align with U.S. norms but can vary with seasonal demands.

Housing Market

• Median Home Price: Approximately 12-15% higher than the national median.
• Rental Prices:
  • One-bedroom apartment: Above national average.
  • Two-bedroom apartment: Moderately higher, but dependent on the area.
• Market Trends: Stable growth with suburban expansion providing more affordable options.

Quality of Life

• Recreational Activities: High accessibility to outdoor activities like hiking, skiing, and nature exploration.
• Cultural Scene: Growing with local theaters, museums, and music venues.
• Community: Friendly, with a mix of military families, professionals, and retirees contributing to a diverse demographic.

Access to Healthcare

• Hospitals: Several high-quality hospitals and clinics are available.
• Insurance Coverage: Access to various insurance options, though availability can affect costs.
• Health Rankings: Generally, healthcare quality ranks well in comparison to broader national standards.

Quality of K-12 Schools

• Public Schools: Range from above average to excellent; some districts are well-funded and outperform state averages.
• Private and Charter Schools: Multiple options offering specialized curriculums.
• Extracurricular Activities: Varied programs from sports to arts, supporting broad student interests.

Summary of Assessment

Living in Colorado Springs on a $73,440 salary offers a reasonable quality of life. The slightly elevated cost of living is balanced by access to excellent natural amenities, quality healthcare, and a robust education system. The housing market presents a higher-than-average expense; however, the quality of life factors like recreation, community environment, and education are positive aspects for residents seeking a balanced lifestyle.