Quality of Life in Sacramento, CA on a $164,645 Annual Income

Cost of Living in Sacramento

• Comparison to National Average: Sacramento's cost of living is higher than the national average but generally lower than other major California cities like San Francisco and Los Angeles.
• Breakdown:
  • Groceries: Slightly above the national average.
  • Utilities: Close to the national average, offering some savings compared to other California areas.
  • Transportation: Moderately higher than the national average, primarily due to car dependency and gas prices.

Housing Market

• Home Prices: As of mid-2023, the median home price in Sacramento is approximately $545,000, higher than the national median of around $416,000.
• Rental Market: Rental prices are competitive, with average rates for a two-bedroom apartment ranging from $1,800 to $2,500 per month.
• Affordability: A salary of $164,645 provides more flexibility in housing choices compared to the average income, allowing homeownership within a comfortable budget range.

Quality of Life

• Lifestyle: Sacramento offers a balanced lifestyle with urban and suburban benefits, providing access to cultural events, dining, and outdoor activities.
• Climate: Mild, Mediterranean-like climate with warm summers and mild, wet winters.

Access to Healthcare

• Healthcare Quality: Several reputable hospitals and healthcare facilities are available, including the University of California, Davis Medical Center.
• Healthcare Costs: Health insurance premiums and medical services in Sacramento align closely with the state's average, which is higher than the national average.

Quality of K-12 Schools

• Public Education: Sacramento hosts several highly-rated public schools, known for diverse programs and strong academic performance.
• Private Education: A range of private school options is available, though these come with a higher cost, considering the competitive salaries in the area.

Summary

Living in Sacramento with an annual income of $164,645 offers a comfortable quality of life, with relatively affordable housing options compared to other major California cities. The cost of living, while above national averages, balances out with the higher income, providing access to good healthcare and quality education. Sacramento's blend of urban amenities and natural beauty, together with a favorable climate, makes it an appealing city for both personal and professional growth.