Quality of Life in Tulsa, OK for a $194,850 Annual Income

Overview of Cost of Living

• Below National Average: The cost of living in Tulsa is significantly lower than the national average. This includes expenses such as groceries, transportation, and utilities, which are generally more affordable than in larger metropolitan areas.
• Price Index: Tulsa scores approximately 15-20% lower on some cost of living indices compared to the national average.

Housing Market

• Affordable Housing: The median home price in Tulsa is substantially lower than the national median. This means that with an income of $194,850, purchasing a home is more feasible and one could afford a larger property or a home in a more desirable neighborhood.
• Market Stability: Tulsa's real estate market is comparatively stable, with moderate increases in property value over recent years, making it a relatively safe investment.

Quality of Life

• Comfortable Lifestyle: Earning $194,850 a year places an individual or household well above the median income level in Tulsa. This allows for discretionary spending on leisure and entertainment.
• Community and Amenities: Tulsa offers a rich cultural life, with art galleries, music venues, and outdoor activities. The city is large enough to have diverse shopping and dining experiences without the congestion of a major city.

Access to Healthcare

• Reputable Medical Facilities: Tulsa hosts several well-regarded hospitals and specialized medical providers, offering quality healthcare services.
• Healthcare Costs: Generally lower than major cities, though may vary depending on specific services and insurance plans.

Quality of K-12 Schools

• Public and Private Options: Tulsa provides a range of educational choices from public schools with varying performance metrics to highly-rated private and charter schools.
• Educational Investment: Given the income level, families might explore private schooling options for enhanced educational offerings or extracurricular activities.

Assessment of Quality of Life

Based on the cost of living and local offerings, individuals earning $194,850 in Tulsa, OK, can enjoy a high quality of life. The relatively low cost of living paired with affordable housing means that families can live comfortably, access quality education, and enjoy abundant local amenities and healthcare services. Tulsa presents a balanced lifestyle with the advantages of urban amenities without the financial pressures of larger city life.