Quality of Life in Colorado Springs, CO on a $90,560 Annual Salary

Income and Cost of Living:

• Income Level: Earning $90,560 annually places an individual slightly above the median household income in Colorado Springs.
• Cost of Living:
  • Generally, the cost of living in Colorado Springs is slightly higher than the national average but lower than in major metropolitan areas like Denver.
  • Groceries, transportation, and utilities are moderately priced compared to national levels.

Housing Market:

• Median Home Price:
  • As of recent data, the median home price in Colorado Springs is around $450,000, which is higher than the national median.
  • With the given salary, purchasing a home is feasible but requires careful budgeting, particularly if aiming for properties slightly above the median price.
• Renting vs. Buying:
  • Renting might be a more affordable short-term option, with average rents being more manageable than monthly mortgage payments for a comparable home size.

Quality of Life:

• Recreational Opportunities:
  • Known for natural beauty, offering numerous outdoor activities like hiking, skiing, and cycling, providing a balanced work-life environment.
  • Good air quality and a vibrant cultural scene with festivals and museums further enhance living conditions.

Access to Healthcare:

• Healthcare Facilities:
  • The area is serviced by reputed hospitals and clinics, ensuring access to quality healthcare.
  • Health insurance costs may vary, but generally align with national averages, making healthcare access manageable with the salary in question.

Quality of K-12 Schools:

• Education Quality:
  • Schools in Colorado Springs are well-rated, with several above-average public and private school options available.
  • Access to quality education can contribute positively to family life, offering good opportunities for children's development.

Assessment Summary: Living in Colorado Springs on a $90,560 salary provides a comfortable lifestyle with access to good quality amenities. The cost of living, while slightly above the national average, is manageable, especially when it comes to housing and daily expenses. The city's vibrant recreational opportunities and educational infrastructure add to the overall quality of life, making it an attractive place for individuals and families seeking a balanced environment.