SAN DIEGO (KGTV) -- Six figures may not get you as far as you think in America’s Finest City, according to a new report by GOBankingRates.
After taxes and expenses, San Diegans making $100,000 only have $13,000 per year left over.
Though that may not look like much, it’s a lot compared to what residents of San Francisco have left over.
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According to the study, people living in San Francisco are in the negative by $2,734 after taxes, healthcare and living expenses. The largest chunk of that $100,000 paycheck goes to rent, costing more than $52,000 per year.
To compare, $100,000 will go the furthest in Memphis, Tennessee with residents having a little more than $46,000 left over.
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Check out the chart below:
Rank | City | State | Net Pay After Income Taxes | Income Leftover |
1 | San Francisco | California | $72,305.44 | -$2,734 |
2 | San Jose | California | $72,305.44 | $1,800 |
3 | Oakland | California | $72,305.44 | $8,448 |
4 | Los Angeles | California | $72,305.44 | $9,689 |
5 | San Diego | California | $72,305.44 | $13,077 |
6 | Washington | District of Columbia | $72,347.70 | $13,904 |
7 | Long Beach | California | $72,305.44 | $15,663 |
