The Real Value of a $100K Salary in Different US Cities.
TL;DR Summary
A new study by SmartAsset shows that a $100,000 salary is worth more in Memphis than in any other city, while it is worth the least in New York City. The study compared after-tax income in 76 of the largest US cities and adjusted those figures for the cost of living in each place. Seven out of the top 10 cities where $100K goes furthest are located in Texas, thanks to no state income tax and low cost of living. The study comes as inflation continues to push the cost of living higher.
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- After taxes and cost of living adjustments $100k salary is $86K in Memphis but just $35K in NYC Daily Mail
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