Picture: Johnstocker Manufacturing (Shutterstock)
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 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 as we speak’s requirements, however inflation signifies that wage simply doesn’t minimize it as 51% of people that make greater than $100,000 every year report dwelling paycheck to paycheck, in accordance with a brand new survey.
However what if we informed 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 Prime 25 cities the place a $100,000 family earnings now not means dwelling from one paycheck to the subsequent, in accordance with SmartAsset.
All value data was obtained from Expertise Earnings Tax Calculator and PayScale.