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The 10 U.S. cities where a $100,000 salary goes the furthest
msn ^ | 08/18/2023 | Isabel Engel

Posted on 08/18/2023 8:36:28 AM PDT by ChicagoConservative27

Signing a contract for a six-figure contract used to allow Americans to feel as though they had made it. But now, $100,000 salary only goes so far — and its worth varies from city to city.

Across major U.S. cities, $100,000 can be worth as much as $86,444 and as little as $35,791, a recent SmartAsset study finds. The study compares the value of $100,000 across 76 major U.S. cities, accounting for cities' income taxes and cost of living.

Cities in the South, from Tennessee to Texas, dominated the top 10 cities where $100,000 goes the furthest. In Memphis, Tennessee, Americans can expect a $100,000 salary to offer a take-home value of $86,444.

On the other hand, in cities like San Francisco and New York, $100,000 does not go nearly as far. In SF, a $100,000 salary is worth only $36,445; in the Big Apple, it's worth just $35,791.

As inflation continues to affect consumers, here are the 10 U.S. cities where a $100,000 salary goes the furthest:

(Excerpt) Read more at msn.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; Your Opinion/Questions
KEYWORDS: cities; furthest; salary; us
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To: CatOwner

I clicked your screen name just to see if you were from Texas.

I got a kick out of the 4 FReepers you have prevented posts from. I’d ask how you did that, but even though there are plenty of idiots who I don’t want to hear from, I don’t care if they post to me or not.

I checked for you to see if they are still active. They are. I don’t really know the backstory on any of them, except that wildcard guy. And yeah. He is a tool.


21 posted on 08/18/2023 8:57:58 AM PDT by Responsibility2nd (A truth that’s told with bad intent, Beats all the lies you can invent ~ Wm. Blake)
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To: ChicagoConservative27
The 10 U.S. cities where a $100,000 salary goes the furthest

What about the U.S. cities where a $100,000 annuity goes the farthest?

Or the U.S. cities where a $75,000 salary goes the farthest?

After all, not everyone has an annual salary of $100,000.

Regards,

22 posted on 08/18/2023 8:58:08 AM PDT by alexander_busek (Extraordinary claims require extraordinary evidence.)
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To: AppyPappy
Memphis comes with a free mugging....
By the police.

23 posted on 08/18/2023 9:00:03 AM PDT by Responsibility2nd (A truth that’s told with bad intent, Beats all the lies you can invent ~ Wm. Blake)
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To: ChicagoConservative27

The problem is finding and actually getting a job that pays $100,000 in those places. Most of those areas have an average yearly salary of less than 50,000. High paying jobs do exist there but they are not abundant.


24 posted on 08/18/2023 9:02:48 AM PDT by XRdsRev (Justice for Bernell Trammell, Trump supporter, murdered in 2020)
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To: magna carta

Did the rental agreement specify how many pets were allowed? Are the cats destroying the place? Are there animal control laws which specify the maximum amount of pets the tenant can keep in the house? Does the presence of cats hamper your ability to do repair work? Has a cat harmed anyone or other person’s pet?;You may get some good advice from lawyer specializing in rental contracts.


25 posted on 08/18/2023 9:03:10 AM PDT by Getready (Wisdom is more valuable than gold and harder to find.)
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To: Iceclimber58
We have friends and family in Texas. They might not have state income tax, but the property taxes are high. Also pay personal property taxes on vehicles each year.
After you retire and your income decreases, you still have the high taxes.
I would rather pay a state income tax, and keep property taxes low.

 

Not true. You pay a license renewal fee. About $80.00. Same as most states.

Some states have both. State income taxes AND peoperty taxes.

26 posted on 08/18/2023 9:04:50 AM PDT by Responsibility2nd (A truth that’s told with bad intent, Beats all the lies you can invent ~ Wm. Blake)
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To: newzjunkey
Tennessee and Texas have no income tax

That's true, but in Texas they make up for it in property taxes. We get royally screwed. I want to move to Tennessee but I hear things are getting expensive there as well.

27 posted on 08/18/2023 9:11:33 AM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: CatOwner

I’m paying $17,000 a year in property taxes on my primary residence in Austin. It would be cheaper for me to live in Boston.


28 posted on 08/18/2023 9:14:32 AM PDT by thegagline (Sic semper tyrannis! Goldwater in 2024)
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To: ChicagoConservative27

Sure seems like they deliberately missed out the affordability of the Midwest in general. Even though we aren’t a no income tax state in Indiana, we are a low tax state. Property taxes are pretty reasonable. Cost of living is pretty agreeable here, despite the hardships of the Burden administration.

Also, $100,000 is a little pricey for many people. I’d like to see them to a similar story for people who make much less.


29 posted on 08/18/2023 9:20:22 AM PDT by FamiliarFace (I got my own way of livin' But everything gets done With a southern accent Where I come from. TPetty)
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To: alexander_busek

I agree. There are a lot of families that don’t even make close to $100K.


30 posted on 08/18/2023 9:21:32 AM PDT by FamiliarFace (I got my own way of livin' But everything gets done With a southern accent Where I come from. TPetty)
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To: Hieronymus
Maybe I should have said *near* Memphis.
31 posted on 08/18/2023 9:21:40 AM PDT by Gay State Conservative (Two Words: BANANA REPUBLIC!)
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To: unixfox

That’s true, but in Texas they make up for it in
property taxes. We get royally screwed.

+++

Screwing takes place in different forms.


32 posted on 08/18/2023 9:25:41 AM PDT by deport
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To: ChicagoConservative27

looks mostly like a list of various Texas cities!

LMAO


33 posted on 08/18/2023 9:44:08 AM PDT by TexasFreeper2009
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To: newzjunkey

Median household income currently is about 80K, with a median personal income of about 35k.
https://seekingalpha.com/article/4583302-median-household-income-in-january-2023


34 posted on 08/18/2023 9:46:41 AM PDT by brewer1516
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To: alexander_busek

If you are in a two-income household and not earning at least $100,000 combined ($50,000 each), then you are doing something really really wrong, since you can earn about $40,000 just working the drive threw at Chic-Fil-A.


35 posted on 08/18/2023 9:48:47 AM PDT by TexasFreeper2009
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To: Iceclimber58

We do not pay yearly personal property taxes on automobiles. Just $75 for a window sticker.


36 posted on 08/18/2023 10:34:33 AM PDT by crusty old prospector
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To: thegagline

I pay $8,000 a year for a 3,100 square-foot house. East Texas.


37 posted on 08/18/2023 10:36:35 AM PDT by crusty old prospector
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To: Blood of Tyrants

Yea, even Harold Ford, Jr., moved to NYC.


38 posted on 08/18/2023 10:43:58 AM PDT by Theodore R. ( )
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To: CatOwner

I lived in Wichita Falls for several years. Can’t say I miss it. And ine year the drought was so bad they were forced to used sewer water in the town supply. Treated of course. But it made for some good T short sales. “We’re number 2.”


39 posted on 08/18/2023 10:57:03 AM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: Iceclimber58

...? after a dozen years in Central TX, have yet to pay a personal property tax on a vehicle, only annual registration which is a fraction of what I paid in California.

Don’t disagree that property taxes are too high, and they will vote in Nov to up the personal homeownership exemption to $100K... but will still have a tax bill over $6000.


40 posted on 08/18/2023 11:12:58 AM PDT by PalominoGuy ( )
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