Quality of Life in Colorado Springs, CO on a $132,080 Salary
Living in Colorado Springs, CO with an annual salary of $132,080 offers a comfortable lifestyle, given the region's cost of living relative to other parts of the United States. Below, we'll assess several key aspects of daily life:
Cost of Living
- Overall Costs: The cost of living in Colorado Springs is slightly above the national average. However, with a salary of $132,080, individuals can comfortably manage expenses such as groceries, utilities, and transportation.
- Groceries and Dining: Prices for food and dining out are moderate, with various options for both budget-conscious and upscale dining.
Housing Market
- Home Prices: The median home price in Colorado Springs is above the national median, with continued growth expected due to demand and limited supply.
- Affordability: With a $132,080 salary, affording an average home in this area is feasible. The possibility of securing lower mortgage rates makes homeownership attainable.
Quality of Life
- Outdoor Activities: Colorado Springs is known for its abundant outdoor recreational opportunities, including hiking, biking, and skiing, enhancing the overall quality of life.
- Climate: The city experiences mild winters and warm summers, appealing to those who enjoy a diverse climate.
Access to Healthcare
- Medical Facilities: The region has several top-rated hospitals and medical centers, providing residents with quality healthcare services.
- Insurance Costs: Health insurance premiums align closely with the national average, making healthcare accessible for those earning $132,080 annually.
Quality of K-12 Schools
- Education System: Colorado Springs boasts a range of public and private K-12 schools, many of which are highly rated for their academic programs and extracurricular activities.
- School Funding: Schools in this region are generally well-funded, resulting in competitive teacher-student ratios and well-maintained facilities.
Summary
Individuals earning $132,080 per year in Colorado Springs, CO, enjoy a high quality of life. The combination of a moderate cost of living, a robust housing market, rich outdoor activities, accessible healthcare, and quality education creates an attractive environment for families and individuals alike.