Quality of Life in Colorado Springs, CO on a $74,720 Salary

Cost of Living

• General Overview: The cost of living in Colorado Springs is slightly above the national average. However, it remains more affordable than other major Colorado cities like Denver and Boulder.
• Expenses:
  • Groceries, utilities, and transportation costs are reasonably priced, but residents may experience some pressure from housing and healthcare expenses.
  • Utility and transportation costs are generally in line with the national average, providing some financial breathing room.

Housing Market

• Home Prices:
  • As of 2023, the median home price in Colorado Springs is moderately high compared to the national average but lower than in many other major cities.
  • This means that purchasing a home on a $74,720 salary can be challenging but possible, particularly in less central areas.
• Renting:
  • Renting can be a viable option, though rental prices are on an incline. This is a common trend across many urban areas.
  • Diverse housing options allow flexibility for different budget levels, maintaining a balanced rental market.

Quality of Life

• Outdoor Recreation:
  • Known for its scenic beauty, proximity to outdoor recreational areas like Pikes Peak and Garden of the Gods is a significant draw.
  • The city offers numerous parks, hiking, and cycling trails, providing a rich outdoor lifestyle.
• Community and Culture:
  • A mid-sized city with a small-town feel, Colorado Springs emphasizes a strong sense of community.
  • The cultural scene is growing, with art galleries, local events, and an increasing culinary diversity.

Access to Healthcare

• Healthcare Quality:
  • Colorado Springs has a range of healthcare facilities from primary care to specialized hospitals.
  • Healthcare costs are slightly above the national average, but quality and accessibility are generally high.

Quality of K-12 Schools

• Education Standards:
  • Schools in Colorado Springs range from above-average public schools to high-rated charter and private schools.
  • Commitment to educational quality is evident through community support and investment in school facilities and programs.

Summary

Living in Colorado Springs on a $74,720 salary offers a relatively comfortable lifestyle, with some financial considerations regarding housing. Residents can enjoy beautiful natural surroundings, a growing cultural scene, and access to quality healthcare and schools. Though the cost of living is slightly above average, it