A new study has revealed the top 16 US cities where a family earning $100k annually would still struggle to pay their bills.
Despite the six-figure income seeming enough to get by and live comfortable, the study showed that in some cities, even basic monthly expenses are so high that families are falling behind on their bills.
The study, by Lending Tree, analysed how far $100,000 for a family of three would go in the 100 largest metro areas in the US, taking into account 'basic' needs such as housing, child care, health care, food, entertainment, utilities, taxes, transportation, student loans, and savings.
