Quality of Life in Colorado Springs, CO, on a $146,000 Salary

Cost of Living

• Comparison with National Average:

  • The cost of living in Colorado Springs is slightly above the national average, largely influenced by housing costs.
  • Utilities, groceries, and transportation align closely with U.S. averages, making everyday expenses manageable.

• Disposable Income:

  • A $146,000 annual salary allows for a comfortable lifestyle, enabling discretionary spending and savings.

Housing Market

• Home Prices:

  • As of the latest data, the median home price in Colorado Springs is above the national median, reflecting the area’s desirability and growth.
  • With a $146,000 income, purchasing a home is feasible, though buyers might need to consider trade-offs in location or size to meet budget expectations.

• Rental Market:

  • Renting is also a viable option, with costs generally higher than the national average but affordable relative to the salary level.

Quality of Life

• Outdoor Activities:

  • Proximity to the Rocky Mountains provides exceptional opportunities for hiking, skiing, and other outdoor pursuits.
  • The city offers numerous parks and trails, facilitating a healthy, active lifestyle.

• Community and Culture:

  • Colorado Springs has a strong sense of community with numerous cultural events, galleries, and music festivals.
  • There is a growing food scene, with diverse dining options ranging from local fare to international cuisines.

Access to Healthcare

• Healthcare Facilities:

  • The city is home to several reputable hospitals and medical centers, ensuring high-quality care.
  • Health insurance is accessible and, with a $146,000 salary, premiums and out-of-pocket costs are manageable.

• Medical Services:

  • Specialty care and preventative services are widely available, contributing to overall well-being.

Quality of K-12 Schools

• Educational Opportunities:

  • Colorado Springs offers a mix of public and private school options, with many schools highly rated for academic performance.
  • Varied extracurricular programs are available, supporting well-rounded student development.

• School Performance:

  • Schools in the area generally perform above average in standardized testing, reflecting a focus on quality education.

Summary

Living in Colorado Springs with a $146,000 annual income provides a strong quality of life marked by manageable living costs relative to the salary, access to excellent healthcare and education, and