Quality of Life in Colorado Springs, CO

Cost of Living

• Overall Cost: The cost of living in Colorado Springs is slightly above the national average. An annual salary of $128,240 comfortably supports most middle-to-upper-middle-class lifestyles.
• Groceries and Dining: Grocery prices are approximately 3-5% higher than average, with dining out costing a bit more, reflecting the city's growing culinary scene.
• Utilities: Utilities are fairly typical in cost, similar to the national average, offering additional financial comfort.

Housing Market

• Home Prices: The median home price in Colorado Springs is higher than the national average but lower than other major Colorado cities like Denver and Boulder. A salary of $128,240 is adequate to purchase a family home in a safe neighborhood.
• Rental Market: Rents are also above average but manageable. For those preferring to rent, a high salary ensures comfortable options.

Quality of Life

• Outdoor Recreation: Residents enjoy unparalleled access to outdoor activities, with proximity to hiking, skiing, and scenic parks.
• Community: The city boasts a friendly, diverse community spirit with a vibrant cultural scene.
• Transportation: Public transportation options are growing, though owning a car is still beneficial.

Access to Healthcare

• Healthcare Facilities: Colorado Springs has several high-quality hospitals and healthcare providers. The cost of healthcare is slightly above average, but insurance through employment can reduce out-of-pocket expenses.
• Wellness Programs: Many residents engage in wellness programs and outdoor activities to maintain good health.

Quality of K-12 Schools

• Public Schools: The public school system has several highly-rated schools, with strong STEM programs and extracurricular opportunities.
• Private and Charter Schools: Numerous respected private and charter schools provide alternatives for specialized education needs.

Summary

Living in Colorado Springs on a $128,240 annual salary provides a robust quality of life with access to quality housing, healthcare, education, and recreational activities. While the cost of living is slightly above the national average, the benefits of the region, including community features and natural surroundings, offer a compelling lifestyle.