The Real Value of a $100K Salary in Major US Cities.
TL;DR
A new analysis from SmartAsset shows that a $100,000 salary in New York, San Francisco, and Honolulu buys the same quality of life as someone making $36,000 per year almost anywhere else in the nation due to the high cost of living. Memphis, Tennessee, offers the biggest bang for your buck, with a six-figure earner having the equivalent of $86,000 left after taxes. Texas also ranks high in affordability, with seven of the top 10 cheapest cities in the calculation. California features heavily on the least-affordable list, with the 10 priciest cities including San Francisco, Los Angeles, Long Beach, San Diego, and Oakland.
- Here's how far a $100K salary goes in the most — and least — affordable U.S. cities CBS News
- After taxes and cost of living adjustments $100k salary is $86K in Memphis but just $35K in NYC Daily Mail
- Study shows $100K is actually worth about $49K in Seattle FOX 13 Seattle
- Here's How Much a $100,000 Salary Is Actually Worth in NYC NBC New York
- Study shows what $100K is actually worth in the largest U.S. cities FOX 11 Los Angeles
- View Full Coverage on Google News
Want the full story? Read the original reporting
Read on CBS News