In several cities across Texas and the Midwest, a $100,000 salary isn’t eaten up by taxes and a high cost of living, Bloomberg reported.
The publication analyzed a recent study from financial information provider SmartAsset. Researchers applied local, state and federal taxes to $100,000 salaries in different U.S. cities, then adjusted the remaining income using cost-of-living data in each area. Necessities like groceries, utilities and transportation were accounted for.
Workers earning $100,000 in these 10 cities see the most of their paycheck as pure take-home pay, according to SmartAsset:
1. Memphis, Tenn. — $86,444 take-home pay on a $100,000 salary
2. El Paso, Texas — $84,966
3. Oklahoma City — $84,498
4. Corpus Christi, Texas — $83,443
5. Lubbock, Texas — $83,350
6. Houston — $81,171
7 (tie). San Antonio — $80,124
7 (tie). Fort Worth, Texas — $80,124
7 (tie). Arlington, Texas — $80,124
10. St. Louis — $79,921
See the 10 cities where $100,000 does not stretch far here.
