Making a salary of $100k may sound like a lot, but its actual purchasing power depends largely on where you live. The city you live in plays a big factor in how far your money goes, as cost of living differences and varying tax rates can significantly impact the value of your salary. Because of this, making an informed decision on where to call home can have a lasting impact on your long-term finances.
After adjusting for federal, state and local taxes, as well as local cost of living premiums, SmartAsset has determined just how much $100,000 is worth in the largest cities across the U.S. in 2024. Here’s where your cash goes the farthest, and where it’s worth the least.
