$300K Is the ‘New $100K’ in NYC. Here’s How Taxes and Costs Affect U.S. Cities – 2023 Study – SmartAsset

Six-figure salaries have long been seen as a milestone for gauging success – the peak between the arduous grind of climbing the income ladder and breathing a deep sigh of relief. Those with a $100,000 salary earn more than double the median individual income for 2021, which might imply financial comfort on first glance.