Study: $100K Salary Goes Furthest in Texas and Midwest Due to Low Taxes and Costs, Least in Northeast and California

Study by SmartAsset finds $100K salary goes furthest in El Paso, TX ($88,840 purchasing power) and other southern/midwestern cities due to low taxes and costs.

The top 10 cities where $100K goes furthest are mostly in Texas and Oklahoma.

$100K salary has least purchasing power in NYC ($30,914) and other western/northeastern cities with high taxes and costs.

The bottom 10 cities for $100K purchasing power include many in California and New York.

Inflation is reducing most households' purchasing power significantly compared to early 2021.