Extra Individuals are moving out of big 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 Nineteen Seventies, the common earnings was the equal of roughly $75,000 by at present’s requirements, however inflation implies that wage simply doesn’t minimize it as 51% of people that make greater than $100,000 every year report residing paycheck to paycheck, in keeping with a new survey.
However what if we advised you that there are locations within the U.S. the place a $100,000 earnings goes a great distance?
We’ve compiled a listing of the High 25 cities the place a $100,000 family earnings now not means residing from one paycheck to the subsequent, in keeping with SmartAsset.
All value info was obtained from Expertise Revenue Tax Calculator and PayScale.