The Real Value of a $100,000 Salary in Different US Cities
TL;DR Summary
A new cost of living study by SmartAsset found that a $100,000 salary in New York City leaves workers with what "feels like" just $36,000, the lowest of nearly 80 cities analyzed. The study looked at cities from Buffalo to Los Angeles to find where a dollar stretches the furthest, using the SmartAsset paycheck calculator and Council for Community and Economic Research data to find an estimate of purchasing power after accounting for living expenses. Memphis, Tennessee ranked highest, boasting a buying power of more than $86K, while seven cities in Texas rounded out the top 10.
- Making $100,000 in New York 'feels like' just $36,000, new study says Business Insider
- Here's how far a $100K salary goes in the most — and least — affordable U.S. cities CBS News
- Here's how much a $100,000 salary is actually worth in Chicago FOX 32 Chicago
- Here's How Much a $100,000 Salary Is Actually Worth in NYC NBC New York
- A $100,000 salary goes a lot further in Houston than in most cities Houston Chronicle
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
3 min
vs 4 min read
Condensed
84%
614 → 97 words
Want the full story? Read the original article
Read on Business Insider