The top 10 U.S. cities where a $100,000 salary goes the furthest—half are in Texas

  • 📰 CNBC
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

A city's cost of living and taxes can play a big role in how far your money can stretch.

The financial technology company calculated the value of a $100,000 salary in 72 large U.S. cities after subtracting federal, state and local taxes, as well as housing, grocery, utility and other living costs using data from the Council for Community and Economic Research.

El Paso is in west Texas and sits along the U.S.-Mexico border. The overall cost of living is around 12% lower than the national average and home buying and renting costs are nearly 30% cheaper, according to. Additionally, 31% of the population is under 18, and the median age of residents is 34, per the latest available

One factor potentially fueling the Lone Star State's dominance is its tax friendliness, since Texas does not collect state income taxes. However, residents still pay federal income taxes and face some of the highest property taxes in the country.


Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Google Nest Thermostat drops to $100 ahead of the Amazon Big Spring SaleKris Holt joined Engadget as a contributing reporter on the news desk in 2018. He has been writing about technology, games, streaming and entertainment for over a decade after starting his career as a sub-editor on a local newspaper. Kris holds a Master of Arts degree in English from the University of Dundee.
Source: engadget - 🏆 276. / 63 Read more »

Westbound Raises $100 Million To Invest In Black, Latin And Diversity-Minded FoundersI'm a senior editor at Forbes covering venture capital and startups, especially in cloud and AI, out of New York. I edit the Midas List and Under 30 for VC, and created the Midas List Europe and Cloud 100 lists. I've written more than a dozen cover stories on business leaders including Marc Benioff, Patrick Collison and Melanie Perkins.
Source: ForbesTech - 🏆 318. / 59 Read more »

Another $100 billion needed to complete California's bullet train projectOfficials say another $100 billion will be needed to complete California's bullet train connecting Los Angeles and San Francisco.
Source: ABC7 - 🏆 67. / 68 Read more »

Biden to Provide $100 Million in Aid for Migrants in New York CityPresident Joe Biden will send New York City, a sanctuary jurisdiction, more than $100 million in aid for migrants — including footing the bill for their luxury hotel stays. The aid has been allocated since last summer but is now being authorized for disbursement after required documentation was provided. Only 10% of the aid can be used for hotel costs.
Source: BreitbartNews - 🏆 610. / 51 Read more »

$100 Billion Boom in Bitcoin ETFs and Crypto Investments RecordedDigital asset realm celebrates historic milestone as Bitcoin ETFs and crypto investments surge past monumental $100 billion mark
Source: Utoday_en - 🏆 295. / 63 Read more »

Best Robot Vacuum Deals on Amazon: Shop Roomba, Shark, eufy and More Starting at $100Amazon has seriously marked down robot vacuums to do the spring cleaning for you.
Source: etnow - 🏆 696. / 51 Read more »