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Thursday, March 16, 2023
Thursday, March 16, 2023
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New York City


SALARY OF $100,000 WORTH JUST $35,000 IN NEW YORK CITY: STUDY

by Brady Knox, Breaking News Reporter |
March 16, 2023 11:57 AM
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00:00
/
01:26

LIVE









A study found that a $100,000 annual salary is worth just $35,000 in New York
City.

Due to high inflation, the six-figure salary is being increasingly sapped of its
value due to purchasing power declines and cost of living increases. A study
from personal finance adviser SmartAsset, measuring 76 different cities in the
United States, found that the effect is felt in every city. Even the place where
the salary goes the furthest — Memphis, Tennessee — it's only worth $86,444. The
worst was New York City, where the salary is worth approximately $35,791 when
taking into account taxes and the cost of living.



SEE IT: AOC’S MATH SKILLS SLAMMED IN NYC BILLBOARD

Oklahoma City, Oklahoma, was found to have the lowest cost of living in the
study, although taxes sent it to third place, with $100,000 worth $84,498.

Notably, seven of the top 10 cities where $100,000 goes the furthest were in
Texas, specifically El Paso, Corpus Christi, Lubbock, Houston, San Antonio, Fort
Worth, and Arlington.

On the opposite end, the worst were New York City; Honolulu, Hawaii; San
Francisco, California; Washington, D.C.; Long Beach, California; Los Angeles,
California; San Diego, California; Oakland, California; Boston, Massachusetts;
and Seattle, Washington.

CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER

In the three worst cities, $100,000 was worth less than $40,000.

SmartAsset's study used a paycheck calculator which takes into account one's
salary after federal, state, and local taxes, adjusted for the cost of living in
the 76 biggest cities in the U.S., using data from the Council for Community and
Economic Research.


OPINION

Taking a charge
By: Zachary Faria

China's new cyber policy: Obey Xi and ban global 'disinformation'
By: Tom Rogan

DeSantis's comments show how COVID was a pandemic of the indoctrinated
By: Christopher Tremoglie



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VIDEOS

Libs of TikTok hosts competing story hour to give parents alternative to Drag
queens

SVB collapse: Goldman Sachs raises US recession odds following dip in bank
stocks

WATCH: Military releases footage showing Russian fighter jet forcing down US
drone over Black Sea

The clock is ticking for Biden on COVID-19 origins declassification bill



NEWSLETTERS


Sign up now to get the Washington Examiner’s breaking news and timely commentary
delivered right to your inbox.

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