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In New York City, a $150,000 salary feels like $54,000

For many, earning a salary topping $US100,000 ($151,000) feels like a mark of success — but how far it goes depends on where you live. In New York City, that annual paycheck is worth just $US36,000, after taxes and accounting for the steep cost of living.

That’s according to an analysis of 76 of the largest US cities to see where $US100,000 goes the furthest by SmartAsset, a consumer-focused financial information provider.

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    Original URL: https://www.afr.com/policy/economy/in-new-york-city-a-us100-000-salary-feels-like-us36-000-20230316-p5csi6