As inflation rises, workers are demanding higher wages — and securing them at hospitals and health systems nationwide. But in some cities, even six figures does not feel like much anymore, according to Bloomberg.
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 least of their paycheck as pure take-home pay, according to SmartAsset:
1. New York City — $35,791 take-home pay on $100,000 salary
2. Honolulu — $36,026
3. San Francisco — $36,445
4. Washington, D.C. — $44,307
5. Los Angeles, Calif. — $44,623
6. Long Beach, Calif. — $44,623
7. San Diego, Calif. — $46,167
8. Oakland, Calif. — $46,198
9. Boston, Mass. — $46,588
10. Seattle, Wash. — $48,959