Quality of Life in Colorado Springs, CO on an $82,160 Salary

Overview

Living in Colorado Springs, CO, with an annual salary of $82,160 offers a reasonable quality of life relative to the United States average. Below is an analysis of the cost of living, housing market, quality of life, healthcare, and educational opportunities in the city.

Cost of Living

• Overall Cost: The cost of living in Colorado Springs is slightly above the national average but is often considered more affordable compared to larger cities in Colorado, such as Denver.
• Utilities and Groceries: Expenses for utilities and groceries are close to the national average, making day-to-day living manageable.
• Transportation Costs: Public transportation is available, but many residents rely on personal vehicles, which can affect transportation costs depending on fuel prices and vehicle maintenance.

Housing Market

• Home Prices: The median home price in Colorado Springs is higher than the national median, reflecting the city’s growing popularity. However, it remains more affordable than other major urban areas in Colorado.
• Rental Market: Rent prices are competitive and sometimes more favorable than other major city centers, although increases are noted due to rising demand.
• Home Ownership: With your salary, home ownership is attainable, though budgeting and location selection will be critical considerations.

Quality of Life

• Outdoor Recreation: The city offers extensive outdoor activities due to its proximity to the Rocky Mountains, enhancing the quality of life for those who enjoy nature.
• Safety and Community: Colorado Springs boasts a reputation for being a safe and welcoming community with a family-friendly atmosphere.
• Cultural and Social Opportunities: There are numerous cultural events, museums, and social activities available.

Access to Healthcare

• Healthcare Facilities: Colorado Springs has several well-regarded hospitals and healthcare facilities offering a range of services.
• Cost of Healthcare: While costs are comparable to the national average, having adequate health insurance can significantly offset these expenses.
• Availability of Specialists: The presence of diverse medical specialists makes access to specialized care relatively easy.

Quality of K-12 Schools

• Public School System: The K-12 education system in Colorado Springs is known for having districts that perform well academically, with several schools highly rated statewide.
• Private School Options: There are various private school choices which are well-regarded, offering more personalized education paths.