Quality of Life in Sacramento, CA on an Annual Salary of $200,260

Overview of Sacramento's Cost of Living

• Cost of Living Index: Sacramento's cost of living index is lower than other major California cities such as San Francisco or Los Angeles but slightly higher than the national average.
• Expense Breakdown:
  • Housing: A significant part of the monthly expenditure.
  • Healthcare: Costs are close to the national average.
  • Utilities and Transportation: Typically in line with or slightly above U.S. averages.

Housing Market

• Current Home Prices:
  • Median home price: Approximately $450,000, compared to the national median which hovers around $400,000.
  • Trend: Stable growth, providing potential for good investment returns but requiring a significant initial purchase investment.
• Affordability:
  • With a salary of $200,260, purchasing a home is relatively feasible.
  • Housing expenses, including mortgage, generally expected to remain within comfortable budgets for this income level.

Quality of Life

• Living Standards:

  • Disposal income allows for a comfortable lifestyle, including dining, entertainment, and travel.
  • Lower stress environment compared to larger metropolitan areas, aiding in a balanced work-life experience.

• Community and Environment:

  • Access to green spaces, parks, and the American River enhance recreational activities.
  • A culturally diverse community contributes to rich local experiences and social opportunities.

Access to Healthcare

• Healthcare Facilities:
  • Sacramento hosts several high-quality medical centers, including UC Davis Medical Center and Sutter Medical Center.
• Insurance and Costs:
  • With a higher income, quality healthcare insurance plans are more accessible.
  • Healthcare costs are manageable and comparable to the national average, ensuring stable access to various healthcare services.

Quality of K-12 Schools

• Education System:
  • Public and private schools offer diverse programs with some schools recognized for outstanding performance.
• School Ratings:
  • Many schools in Sacramento have above-average ratings; however, school quality can be variable depending on the neighborhood.
• Extracurriculars and Development:
  • Availability of extracurricular activities, fostering overall development of students.

Assessment

Living in Sacramento, with an annual income of $200,260, offers a comfortable quality of life. The cost of living, while higher than the