A six-figure salary sounds high.
But how far that money really goes depends on where you live.
Magnify Money analyzed 381 major metros across the US to see where a family earning $100,000 would have the most and least room left in their budgets to pay their expenses.
That's $8,333 a month before taxes for a household of three — two adults, one child — to pay for food, housing, transportation, child care, student loan payments, entertainment, and personal savings. (See the full methodology.)
According to Magnify Money's analysis, here are the most expensive metro areas to live in the US, where a six-figure salary barely makes the cut:
SEE ALSO: 10 US cities where it's becoming more expensive to live comfortably
9. Boston-Cambridge-Newton, Massachusetts
Monthly post-tax income: $6,204
Estimated monthly expenses: $5,876 (95% of monthly post-tax income)
Remaining income: $328
8. Urban Honolulu, Hawaii
Monthly post-tax income: $6,098
Estimated monthly expenses: $5,796 (95% of monthly post-tax income)
Remaining income: $302
7. Kahului-Wailuku-Lahaina, Hawaii
Monthly post-tax income: $6,098
Estimated monthly expenses: $5,806 (95% of monthly post-tax income)
Remaining income: $292
See the rest of the story at Business Insider
from Strategy http://ift.tt/2sizJiy
via IFTTT
No comments:
Post a Comment