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Here’s an example: If you’re making $70,000 per year in Chicago and decide to relocate to San Antonio for a new job for the same salary, your salary will be worth roughly 9 percent more in ...
The difference in housing costs from city to city is especially important. The Bureau of Economic Analysis has calculated that the regional price parity in 2019 of the 50 largest MSAs ranges from 88.3 in Birmingham , Alabama (which has the lowest cost of living of the 50 most populous MSAs) to 126.7 in San Jose , California (the highest cost of ...
The salary distribution is right-skewed, therefore more than 50% of people earn less than the average net salary. These figures have been shrunk after the application of the income tax . In certain countries, actual incomes may exceed those listed in the table due to the existence of grey economies .
The website was founded in April 2009 by former Google employee Mladen Adamović, [1] [2] to enable users to share and compare information about the cost of living between countries and cities. [3] Since 2012, the website has been operated by NUMBEO DOO Beograd-Palilula, a Serbian private limited company run by Adamović.
In at least 10 of America’s biggest cities by population, you’ll need an annual salary of $150,000 or more to live comfortably. In the most expensive, you’d need more like $266,000 a year.
The quality of life you can have with a $100,000 salary varies considerably from city to city. See some of the best places to live on a $100K salary. How Far a $100K Salary Goes in America’s 50 ...
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