Extra Individuals are transferring out of huge 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 revenue of $100,000 simply doesn’t stretch as a lot because it used to.
Within the Nineteen Seventies, the common revenue was the equal of roughly $75,000 by right now’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 accordance with a new survey.
However what if we advised you that there are locations within the U.S. the place a $100,000 revenue goes a great distance?
We’ve compiled an inventory of the Prime 25 cities the place a $100,000 family revenue not means dwelling from one paycheck to the following, in accordance with SmartAsset.
All value info was obtained from Expertise Revenue Tax Calculator and PayScale.
