Making $100,000 in New York ‘Feels Like’ Simply $36,000, New Find out about Says

  • New York Town ranked the bottom for value of dwelling on a six-figure wage in a find out about of 76 towns. 
  • Memphis, Tennessee ranked best, boasting a purchasing energy of greater than $86K.
  • Seven towns in Texas rounded out the highest 10, whilst puts like LA and Boston had been on the backside. 

A greenback does not pass very some distance in New York Town — however in puts like El Paso, a six-figure wage can stretch a lot additional than lots of the biggest metropolitan spaces within the nation. 

In step with a brand new value of dwelling find out about by way of monetary generation corporate SmartAsset, a $100,000 wage in New York Town leaves staff with what “looks like” simply $36,000, the bottom of just about 80 towns analyzed by way of the monetary advisory corporate. 

The find out about checked out towns from Buffalo to Los Angeles to seek out the place a greenback stretches the furthest, the usage of the SmartAsset paycheck calculator and Council for Group and Financial Analysis knowledge to seek out an estimate of buying energy after accounting for dwelling bills. Every town was once analyzed the usage of a wage of $100,000.

Listed here are the highest 10 towns for value of dwelling:

Supply By means of https://www.businessinsider.com/making-six-figure-salary-in-new-york-feels-like-36k-2023-3

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