Quality of Life in Oklahoma City, OK on an Income of $121,950

Cost of Living

• Overall Cost: Oklahoma City is known for its relatively low cost of living when compared to the national average.
  • The cost of living index places Oklahoma City below the national average, making it an affordable place for individuals and families.
• Groceries and Essentials: Daily expenses such as groceries, utilities, and medicine are generally cheaper in Oklahoma City than in many other major cities.

Housing Market

• Home Prices: The median home price in Oklahoma City is significantly lower than the national median.
  • This affordable housing market enables residents with a $121,950 income to potentially purchase homes in desirable neighborhoods.
• Renting vs. Buying: Renting is also quite affordable, but buying presents an accessible opportunity for building equity, given the cost-effective home prices.

Quality of Life

• Income Allocation: With an income of $121,950, residents can comfortably cover essential living expenses and still have funds available for discretionary spending or saving.
• Lifestyle Options: Oklahoma City offers various leisure and cultural activities, including parks, museums, and restaurants, that residents can enjoy without financial strain.

Access to Healthcare

• Healthcare Facilities: Oklahoma City has numerous hospitals and clinics providing quality healthcare.
• Affordability: Medical services in Oklahoma City are typically more affordable compared to those in larger cities, contributing to better access for residents.

Quality of K-12 Schools

• Educational Opportunities: The city offers a mix of public and private school options.
• School Ratings: Many schools in Oklahoma City receive average to above-average ratings, providing a solid education for children in the area.
• Extra-curricular Activities: Schools often offer various programs in arts, sports, and sciences, contributing to a well-rounded educational experience.

Overall Assessment

Residents of Oklahoma City earning $121,950 annually enjoy a comfortable quality of life with the ability to manage cost of living pressures effectively. The affordable housing market, coupled with access to quality healthcare and education, makes Oklahoma City an attractive option for both individuals and families seeking to maintain a balanced lifestyle.