Quality of Life in Sacramento, CA on a $173,145 Annual Salary

Cost of Living

• Comparison to National Average: Sacramento’s cost of living is approximately 16% higher than the national average.
• Main Expenses: Significant factors include housing, transportation, and healthcare.
• Discretionary Income: With a salary of $173,145, there is ample discretionary income for savings, travel, dining, and other leisure activities, though less so than in lower-cost areas.

Housing Market

• Median Home Price: As of 2023, the median home price in Sacramento is around $460,000, which is above the national median but lower than coastal California metros like San Francisco or Los Angeles.
• Affordability: On a $173,145 salary, potential homeowners can comfortably afford mortgage payments and property taxes, making home ownership feasible compared to other California cities.
• Rental Market: With median rents slightly above the national average, renting remains an option though less cost-effective than buying in the long term for this earning bracket.

Quality of Life

• Lifestyle and Recreation: Sacramento offers a blend of urban and suburban living with access to parks, a growing food scene, and cultural activities.
• Traffic and Commute: Traffic is manageable compared to larger cities like Los Angeles. Most commutes are under 30 minutes.
• Climate: The city enjoys a Mediterranean climate, featuring mild winters and hot, dry summers.

Access to Healthcare

• Healthcare Providers: Sacramento has several reputable hospitals and healthcare facilities.
• Insurance and Costs: While healthcare costs are above the national average, a high income mitigates personal financial impact.
• Public Health: Access to quality healthcare services is generally good, supporting a healthy lifestyle.

Quality of K-12 Schools

• Public School System: There are several highly-rated public school districts in the area, enhancing the residential appeal for families.
• Private School Options: Available, though can be costly. Families with higher incomes have more flexibility in educational choices.
• Educational Resources: Access to resources and enrichment programs is above average compared to national standards.

Overall Assessment

Individuals earning $173,145 annually in Sacramento experience a high quality of life with the ability to comfortably manage living expenses, invest in property, and enjoy various lifestyle amenities. The combination of decent housing affordability,