Posted on 03/20/2023 6:45:29 AM PDT by devane617
Seen as a sign of success and financial comfort, a six-figure salary has long been an important milestone for American workers. But the times have changed and $100,000 isn’t quite what it used to be, especially as rampant inflation continues to sap the purchasing power of money and push the cost of living higher. In fact, 51% of people who earn more than $100,000 reported living paycheck to paycheck in December 2022 – 7% higher than a year earlier – according to a recent survey from PYMNTS and LendingClub.
To see how much $100,000 is actually worth in different parts of the country, SmartAsset compared the after-tax income in 76 of the largest U.S. cities and then adjusted those figures for the cost of living in each place. For more information on our data or how we compiled our findings, read the Data and Methodology section below.
(Excerpt) Read more at smartasset.com ...
Gee, water is wet. But what they failed to compensate for are the high property taxes in Texas.
Yep, property taxes are very high and one of the reasons I left Texas after I retired.
It indicates federal state and local taxes included - where do you get they do not include the property tax in Texas? Thanks
I wouldn't live at graceland if they added it as a free perk at a job in memphis.
It was so ugly, I felt I needed a shower just driving past Memphis.
St. Louis too.
I guess I failed to read the fine print.
I wouldn't live at graceland if they added it as a free perk at a job in memphis.
It was so ugly, I felt I needed a shower just driving past Memphis.
St. Louis too.
Yeah, but you get to live in the city.. where there is a greater odds of getting shot, raped or mugged by some slug who won’t see a day in jail for it.
The pollution, trash, diseased rats and noise are a added bonus.
How much is that in fentanyl?
But you can't understand that if you're a Dim and believe math is racist.
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