WHERE $100K ANNUAL INCOME STRETCHES FURTHEST

Matt Case - February 21st, 2024 - 6:11am PST 

NEW YORK, NY - In an analysis of the purchasing power of a $100,000 annual income across various U.S. cities, findings reveal significant disparities due to cost of living differences. New York City, particularly Manhattan, emerges as a location where $100,000 is effectively reduced to approximately $30,000, highlighting the city's high cost of living.

Conversely, El Paso, Texas, stands out for its favorable economic climate, where an annual salary of $100,000 retains much of its value, equating to about $88,840 in purchasing power. This comparison underscores the impact of regional cost of living on income value, guiding individuals on where their earnings may stretch the furthest.