Quality of Life in Colorado Springs, CO

Income Consideration

• Annual salary: $111,440
• This income is above the national average household income in the United States, which hovers around $70,000.

Cost of Living

• Overall Cost of Living:

  • The cost of living in Colorado Springs is slightly above the national average but lower than other major Colorado cities like Denver.
  • Residents enjoy a relatively high quality of life with a moderate cost of living compared to large metropolitan areas.

• Expenses:

  • Groceries, transportation, and healthcare costs are slightly above average but competitive for urban standards.
  • Utilities and other miscellaneous expenses are generally aligned with the U.S. average.

Housing Market

• Home Prices:

  • The average home price in Colorado Springs is somewhat higher than the national median, reflecting the increasing demand in the area.
  • Rental prices are also above the national average but offer a variety of options from apartments to standalone homes.

• Investment:

  • Real estate in Colorado Springs has been appreciating, making it an attractive area for property investment.

Quality of Life

• Natural Environment:

  • Nestled at the base of Pikes Peak, the city offers ample opportunities for outdoor activities such as hiking, biking, and skiing.
  • The climate is generally mild, with plenty of sunshine year-round.

• Community and Culture:

  • A vibrant mix of cultural amenities, including museums, festivals, and theaters.
  • A strong sense of community with numerous local events and recreational activities.

Healthcare Access

• Facilities:

  • The city boasts a range of healthcare facilities, including regional hospitals and specialty medical centers.
  • Access to healthcare professionals is relatively good, with a variety of services available to residents.

• Insurance and Costs:

  • Health insurance costs tend to mirror the national average, with a range of plans available for different needs.

Quality of K-12 Schools

• Education Quality:

  • The city is home to several well-rated public and private schools, as well as specialized charter schools.
  • Schools in Colorado Springs generally receive positive reviews for quality of education and student engagement.

• Extracurricular Opportunities:

  • A broad range of extracurricular activities in arts, sports, and technology are available to students.

Summary of Assessment

Living in Colorado Springs, CO, with an income