Consumer review site ConsumerAffairs has released a new study analyzing the true “take-home pay” people earn on a $100K salary across the United States.
The study calculated the adjusted post-tax value of a $100K salary in the 100 largest U.S. cities, ranking them based on how far that salary actually stretches. San Francisco and Oakland tied for last place.
Here’s a closer look…
$100K in San Francisco
ConsumerAffairs analyzed the adjusted post-tax salary in 100 cities by applying federal income tax, state and local taxes, and payroll taxes, and then applying each city’s regional price parity (RPP) index, which roughly reflects the cost of living.
San Francisco and Oakland have a higher RPP compared to similar cities like Los Angeles, Long Beach, and Anaheim, which resulted in the Bay Area cities ranking at the very bottom of the list with adjusted post-tax salaries of $62,371.
Of the bottom ten cities analyzed, eight of them were in California, all with adjusted post-tax salaries below $66K.
In California, the city with the highest adjusted post-tax salary is Bakersfield, ranking at #70 with $72,136.
$100K in the rest of the U.S.
In other parts of the United States, the take-home value on a $100K salary goes much further.
Laredo, Texas ranked #1 on the list, with an adjusted post-tax salary coming to $89,864. Texas cities El Paso, Lubbock, and Corpus Christi rounded out the top 4.
Other cities with the highest rankings include Memphis, TN, at #5; New Orleans, LA, at #7, and Tulsa, OK, at #8. They all have salaries calculated over $83K.
🌐 Learn more: You can read the full ConsumerAffairs study here.
