Quality of Life in Columbus, OH on an Income of $164,640

Overview

Earning $164,640 annually places an individual or household well above the median income in Columbus, OH, providing a comfortable lifestyle relative to both local and national standards. The cost of living and housing market dynamics further influence the overall quality of life for residents at this income level.

Cost of Living

• Affordability: Columbus has a cost of living slightly below the national average, making everyday expenses quite manageable on this income.
• Housing: Property taxes and utility costs are reasonable, contributing to overall affordability.

Housing Market

• Home Prices: The median home price in Columbus is lower than the national average, allowing for the purchase of larger or more desirable properties.
• Real Estate Market: The city's real estate market is competitive but accessible, offering a variety of housing options ranging from urban apartments to suburban single-family homes.

Quality of Life

• Lifestyle Opportunities: With a robust cultural scene, numerous parks, and diverse dining options, Columbus offers a lively lifestyle without the high costs typically associated with metropolitan areas.
• Safety and Community: Columbus is known for its friendly neighborhoods and relatively low crime rate, contributing to a sense of community security and well-being.

Access to Healthcare

• Healthcare Facilities: Columbus hosts several top-tier hospitals and medical facilities, ensuring excellent healthcare access.
• Insurance Coverage: At this income level, residents can comfortably afford quality health insurance options.

Quality of K-12 Schools

• Public Schools: Columbus offers various public school options, with several districts recognized for high academic performance and extracurricular opportunities.
• Private Schools: Those seeking private education have access to numerous esteemed institutions, though they come with additional tuition costs.

Summary of Assessment

Living in Columbus, OH, on an income of $164,640 supports a high quality of life. The relatively low cost of living and housing enhances financial flexibility, while access to quality healthcare and education further enriches life in the region. Residents can enjoy the benefits of a vibrant city without the financial strain found in larger metropolitan areas.