Quality of Life in Wichita, KS on a $140,850 Annual Salary

Overview of the Cost of Living

• Cost Index: Wichita, KS, has a cost of living index that is below the national average. This makes it an affordable city compared to many other U.S. cities.
• Affordability: Essential services and goods like groceries, transportation, and utilities are generally more affordable compared to other parts of the country.

Housing Market

• Median Home Price: As of the latest data, the median home price in Wichita is significantly lower than the national median, allowing individuals with an income of $140,850 a wide range of options for homeownership.
• Housing Affordability: This salary comfortably exceeds the income required to purchase a median-priced home, making home ownership highly accessible.

Quality of Life

• Disposable Income: With a lower cost of living and a substantial salary, residents can enjoy a higher level of disposable income, enabling a comfortable lifestyle.
• Recreational Opportunities: Wichita offers numerous parks, cultural institutions, and community events that add to a rich quality of life.

Access to Healthcare

• Healthcare Facilities: Wichita has a number of well-regarded hospitals and healthcare facilities, providing residents with reliable healthcare access.
• Cost Factor: Healthcare costs are comparable to or below the national average, making healthcare reasonably affordable.

Quality of K-12 Schools

• School System: Wichita public schools and private educational institutions generally receive ratings that vary widely, though some schools are highly rated.
• Educational Opportunities: There are numerous extracurricular and advanced academic programs available, enhancing educational outcomes for students.

Summary

In Wichita, KS, a salary of $140,850 affords a quality of life that is marked by affordable living, accessible homeownership, and opportunities for disposable income to be spent on lifestyle enhancements. With reliable healthcare, a variety of recreational activities, and access to educational resources, residents experience a well-rounded and comfortable way of life.