Magnify Money analyzed 381 major metros across the US to see where a family earning $100,000 would have the most and least room left in their budgets.
If your heart is set on living in New York, DC, or San Francisco, a six-figure salary doesn't stretch as far as you might like.
But once you start looking elsewhere, you'd be surprised how much cash you'll have.
Magnify Money analyzed 381 major metros across the US to see where a family earning $100,000 would have the most and least room left in their budget to pay their expenses.
That's $8,333 a month before taxes for a household of three — two adults, one child — to pay for food, housing, transportation, childcare, student-loan payments, entertainment, and personal savings. (See the full methodology.)
According to Magnify Money's analysis, here are the most affordable metro areas to live in the US, where a six-figure salary makes you more than comfortable:
9. Jackson, Mississippi
Monthly after-tax income: $6,585
Estimated monthly expenses: $4,263 (65% of monthly after-tax income)
Remaining income: $2,322
8. Lafayette-West Lafayette, Indiana
Monthly after-tax income: $6,626
Estimated monthly expenses: $4,304 (65% of monthly after-tax income)
Remaining income: $2,323
7. Chattanooga, Tennessee-Georgia
Monthly after-tax income: $6,626
Estimated monthly expenses: $4,274 (64% of monthly after-tax income)
Remaining income: $2,353
6. Jackson, Tennessee
Monthly after-tax income: $6,626
Estimated monthly expenses: $4,270 (64% of monthly after-tax income)
Remaining income: $2,356
5. McAllen-Edinburg-Mission, Texas
Monthly after-tax income: $6,626
Estimated monthly expenses: $4,259 (64% of monthly after-tax income)
Remaining income: $2,367
4. Hattiesburg, Mississippi
Monthly after-tax income: $6,585
Estimated monthly expenses: $4,191 (64% of monthly after-tax income)
Remaining income: $2,395
3. Cleveland, Tennessee
Monthly after-tax income: $6,626
Estimated monthly expenses: $4,187 (63% of monthly after-tax income)
Remaining income: $2,439
2. Morristown, Tennessee
Monthly after-tax income: $6,626
Estimated monthly expenses: $4,126 (62% of monthly after-tax income)
Remaining income: $2,501
1. Johnson City, Tennessee
Monthly after-tax income: $6,626
Estimated monthly expenses: $4,082 (62% of monthly after-tax income)
Remaining income: $2,545
Magnify Money analyzed 381 major metros across the US to see where a family earning $100,000 would have the most and least room left in their budgets. Read Full Story
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