5 months ago
45 ARTICLE AD
Image: Johnstocker Production (Shutterstock)
More Americans are moving out of big cities like San Francisco, Chicago, and New York City, opting for less dense areas where their dollar can go farther. As the housing market skyrockets in these cities and their surrounding areas, a household income of $100,000 just doesn’t stretch as much as it used to.
In the 1970s, the average income was the equivalent of roughly $75,000 by today’s standards, but inflation means that salary just doesn’t cut it as 51% of people who make more than $100,000 each year report living paycheck to paycheck, according to a new survey.
But what if we told you that there are places in the U.S. where a $100,000 income goes a long way?
We’ve compiled a list of the Top 25 cities where a $100,000 household income no longer means living from one paycheck to the next, according to SmartAsset.
All cost information was obtained from Talent Income Tax Calculator and SmartAsset.
This story was originally published on March 18, 2023.
Image: Rudy Balasko (Shutterstock)
The average cost of living here is 5% lower than the national average, and the take home for a $100,000 salary is $70,366 after taxes. When you factor in cost-of-living adjustments, that salary goes up to $73,759.
As of January 2023, the median price for a house was $230,000.
Image: Roschetzky Photography (Shutterstock)
The average cost of living here is 25.5% lower than in New York, and the take home for a $100,000 salary is $74,515 after taxes. When you factor in cost-of-living adjustments, that salary goes down to $73,777.
The median price for a house is $610,000. (Which is still outrageously high in my editor’s humble opinion)
Image: AevanStock (Shutterstock)
The average cost of living here is 4% lower than the national average and 5% lower than the state average. The take home for a $100,000 salary is $74,515 after taxes. When you factor in cost-of-living adjustments, that salary goes down to $73,850.
The median price for a house is $394,000.
Image: Sean Pavone (Shutterstock)
The average cost of living here is 6% lower than the national average and the take home for a $100,000 salary is $69,671 after taxes. When you factor in cost-of-living adjustments, that salary goes up to $74,197.
The median price for a house is roughly $94,000.
Image: Sean Pavone (Shutterstock)
The average cost of living here is 9% lower than the national average, and the take home for a $100,000 salary is $69,317 after taxes. When you factor in cost-of-living adjustments, that salary goes up to $74,615.
The median price for a house is $230,000.
Image: randy andy (Shutterstock)
The average cost of living here is 3% higher than the national average, and the take home for a $100,000 salary is $74,515 after taxes. When you factor in cost-of-living adjustments, that salary goes up to $74,889.
The median price for a house is $382,000.
Image: Esme (Shutterstock)
The average cost of living here is 6% lower than the national average, and the take home for a $100,000 salary is $69,276 after taxes. When you factor in cost-of-living adjustments, that salary goes up to $74,974.
The median price for a house is $360,000.
Image: Jacob Boomsma (Shutterstock)
The average cost of living here is 8% lower than the national average, and the take home for a $100,000 salary is $69,276 after taxes. When you factor in cost-of-living adjustments, that salary goes up to $75,464.
The median price for a house is $395,000.
Image: Sean Pavone (Shutterstock)
The average cost of living here is 11% lower than the national average, and the take home for a $100,000 salary is $69,600 after taxes. When you factor in cost-of-living adjustments, that salary goes up to $75,464.
The average price for a house is $149,000.
Image: Sean Pavone (Shutterstock)
The average cost of living here is 7% lower than the national average, and the take home for a $100,000 salary is roughly $70,672 after taxes. When you factor in cost-of-living adjustments, that salary goes up to $75,991.
The median price for a house is $395,000.
Image: f11photo (Shutterstock)
The average cost of living here is 2% lower than the national average, and the take home for a $100,000 salary is $74,515 after taxes. When you factor in cost-of-living adjustments, that salary goes up to $77,782.
The median price for a house is $395,000.
Image: Nagel Photography (Shutterstock)
The average cost of living here is 11% lower than the national average, and the take home for a $100,000 salary is $69,852 after taxes. When you factor in cost-of-living adjustments, that salary goes up to $78,309.
The median price for a house is $319,000.
Image: Sean Pavone (Shutterstock)
The average cost of living here is 10% lower than the national average, and the take home for a $100,000 salary is $70,167 after taxes. When you factor in cost-of-living adjustments, that salary goes up to $78,574.
The median price for a house is $359,000.
Image: Sean Pavone (Shutterstock)
The average cost of living here is 6% lower than the national average, and the take home for a $100,000 salary is $75,515 after taxes. When you factor in cost-of-living adjustments, that salary goes up to $79,019.
The median price for a house is $425,000.
Image: Sean Pavone (Shutterstock)
The average cost of living here is 13% lower than the national average, and the take home for a $100,000 salary is $70,302 after taxes. When you factor in cost-of-living adjustments, that salary goes up to $79,527.
The median price for a house is $306,000.
Image: f11photo (Shutterstock)
The average cost of living here is 6% lower than the national average, and the take home for a $100,000 salary is $70,477 after taxes. When you factor in cost-of-living adjustments, that salary goes up to $79,921.
The median price for a house is $328,000.
Image: Richard A McMillin (Shutterstock)
The average cost of living in San Antonio is 8% lower than the national average while Fort Worth is 5% lower, and Arlington is 4% lower.
The take home for a $100,000 salary in Texas is $74,515 after taxes, and when you factor in cost-of-living adjustments, that salary goes up to $80,124.
The median price for a house in San Antonio is $360,000, $389,000 in Fort Worth, and $311,000 in Arlington.
Image: Sean Pavone (Shutterstock)
The average cost of living here is 7% lower than the national average, and the take home for a $100,000 salary is $74,515 after taxes. When you factor in cost-of-living adjustments, that salary goes up to $81,171.
The median price for a house is $378,000.
Image: Patricia Elaine Thomas (Shutterstock)
The average cost of living here is 10% lower than the national average, and the take home for a $100,000 salary is $74,515 after taxes. When you factor in cost-of-living adjustments, that salary goes up to $83,350.
The median price for a house is $377,000.
Image: Sean Pavone (Shutterstock)
The average cost of living here is 10% lower than the national average, and the take home for a $100,000 salary is $74,515 after taxes. When you factor in cost-of-living adjustments, that salary goes up to $83,443.
The average price for a house is $370,000.
Image: Sean Pavone (Shutterstock)
The average cost of living here is 16% lower than the national average, and the take home for a $100,000 salary is $70,302 after taxes. When you factor in cost-of-living adjustments, that salary goes up to $84,498.
The median price for a house is $320,000.
Image: Sean Pavone (Shutterstock)
The average cost of living here is 10% lower than the national average, and the take home for a $100,000 salary is $74,515 after taxes. When you factor in cost-of-living adjustments, that salary goes up to $84,966.
The median price for a house is $316,000.
Image: Sean Pavone (Shutterstock)
The average cost of living here is 14% lower than the national average, and the take home for a $100,000 salary is $74,515 after taxes. When you factor in cost-of-living adjustments, that salary goes up to $86,444.
The median price for a house is $355,000.
