Extra People are transferring out of massive cities like San Francisco, Chicago, and New York Metropolis, choosing much less dense areas the place their greenback can go farther. Because the housing market skyrockets in these cities and their surrounding areas, a family earnings of $100,000 simply doesn’t stretch as a lot because it used to.
Within the Seventies, the typical earnings was the equal of roughly $75,000 by immediately’s requirements, however inflation signifies that wage simply doesn’t lower it as 51% of people that make greater than $100,000 annually report dwelling paycheck to paycheck, in keeping with a new survey.
However what if we instructed you that there are locations within the U.S. the place a $100,000 earnings goes a great distance?
We’ve compiled an inventory of the High 25 cities the place a $100,000 family earnings not means dwelling from one paycheck to the subsequent, in keeping with SmartAsset.
All value data was obtained from Expertise Revenue Tax Calculator and PayScale.
