Quality of Life Assessment for a Sacramento Resident Earning $194,565

Cost of Living

• Overall Cost: Sacramento's cost of living is moderately higher than the national average, primarily due to housing and transportation.
• Food and Utilities: These expenses are generally in line with the broader U.S. averages.
• Transportation and Healthcare: These sectors tend to be slightly more expensive compared to other regions.

Housing Market

• Median Home Price: In 2023, the median home price in Sacramento is significantly higher than the national median, which can impact affordability.
• Renting vs. Buying: Renting is a popular option, given the high property prices, with competitive rates compared to other Californian cities like San Francisco or Los Angeles.

Quality of Life

• Income Advantage: Earning $194,565 per year places an individual comfortably above the median household income in Sacramento, providing financial flexibility.
• Lifestyle and Amenities: Sacramento offers a vibrant cultural scene, outdoor recreational activities, and amenities that enhance quality living.
• Employment and Economy: The regional economy is diverse, with job opportunities in government, healthcare, and education sectors.

Access to Healthcare

• Healthcare Facilities: Sacramento is home to several top-rated hospitals and medical facilities, ensuring quality healthcare access.
• Insurance Costs: Health insurance premiums are on par with national averages, benefiting from the range of available healthcare providers and plans.

Quality of K-12 Schools

• Public Schools: The public school system offers varied quality, with some schools in the district receiving high marks and others below average.
• Private and Charter Schools: There are several excellent private and charter schools available, providing alternatives for primary and secondary education.

Summary of Assessment

An individual earning $194,565 annually in Sacramento can enjoy a desirable quality of life, with discretionary income in a city that offers both urban amenities and suburban comfort. While housing costs present a challenge, the high income provides a buffer against economic fluctuations. Access to quality healthcare and diverse educational opportunities further enhance living standards, making Sacramento a favorable place for balancing career and lifestyle aspirations.