9 places in the US where you can earn 6 figures and still feel broke

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Six figures doesn’t always stretch. San Francisco, pictured, is well-known for its high cost of living.
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Pius Lee/Shutterstock.com

A six-figure salary sounds high.

But how far that money really goes depends on where you live.

Magnify Money analyzed 381 major metros across the US to see where a family earning $100,000 would have the most and least room left in their budgets to pay their expenses.

That’s $8,333 a month before taxes for a household of three – two adults, one child – to pay for food, housing, transportation, child care, student loan payments, entertainment, and personal savings. (See the full methodology.)

According to Magnify Money’s analysis, here are the most expensive metro areas to live in the US, where a six-figure salary barely makes the cut:


9. Boston-Cambridge-Newton, Massachusetts

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Cambridge, Massachusetts.
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Jorge Salcedo/Shutterstock

Monthly post-tax income: $6,204

Estimated monthly expenses: $5,876 (95% of monthly post-tax income)

Remaining income: $328


8. Urban Honolulu, Hawaii

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Honolulu, Hawaii.
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Shutterstock/Fiona Lin

Monthly post-tax income: $6,098

Estimated monthly expenses: $5,796 (95% of monthly post-tax income)

Remaining income: $302


7. Kahului-Wailuku-Lahaina, Hawaii

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Maui, Hawaii.
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Flickr/brianlauer

Monthly post-tax income: $6,098

Estimated monthly expenses: $5,806 (95% of monthly post-tax income)

Remaining income: $292


6. California-Lexington Park, Maryland

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California-Lexington Park is about an hour from Washington DC.
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Richard Ricciardi/Flickr

Monthly post-tax income: $6,014

Estimated monthly expenses: $5,727 (95% of monthly post-tax income)

Remaining income: $287


5. New York-Newark-Jersey City-New York, New Jersey, Pennsylvania

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Manhattan is the central borough of New York City.
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Mike Hewitt / Getty Images

Monthly post-tax income: $6,370

Estimated monthly expenses: $6,101 (96% of monthly post-tax income)

Remaining income: $269


4. San Francisco-Oakland-Hayward, California

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San Francisco, California.
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Richard Thornton/Shutterstock

Monthly post-tax income: $6,291

Estimated monthly expenses: $6,023 (96% of monthly post-tax income)

Remaining income: $268


3. San Jose-Sunnyvale-Santa Clara, California

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San Jose, California.
source
Wikimedia Commons

Monthly post-tax income: $6,291

Estimated monthly expenses: $6,212 (99% of monthly post-tax income)

Remaining income: $79


2. Bridgeport-Stamford-Norwalk, Connecticut

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Norwalk, Connecticut.
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STUDIO M/Shutterstock.com

Monthly post-tax income: $6,297

Estimated monthly expenses: $6,436 (102% of monthly post-tax income)

Remaining income: -$139


1. Washington-Arlington-Alexandria, DC, Virginia, Maryland, West Virginia

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Alexandria, Virginia.
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Facebook/Visit Alexandria VA

Monthly post-tax income: $6,264

Estimated monthly expenses: $6,578 (105% of monthly post-tax income)

Remaining income: -$315