There are many cities in the world with a cost of living of $100,000 a year or more. The median household income in the U.S. is about $70,000 a year, according to 2019 census data. If you cant, dont worry, you can still retire comfortably. Whether you are a single person or for a family, $100,000 a year can be considered a good salary. Making $100,000 a year definitely puts you among the upper-earners in the United States. As far as entertainment goes, there are several free and affordable ways to relax when you arent at work or school. One of those factors is the amount of money that you need to borrow. The average salary in San Diego, CA is $83k. Big cities like Boston, New York City and San Francisco are well known for their expensive real estate markets. You need to budget for your monthly payment, insurance costs, and gas. The biggest hit on leftover income is the citys driving costs; the rest hover near the average. Of course, this isn't surprising considering that income levels in the Bay Area are the highest in the U.S. and are just going. With its relative affordability compared to other markets, if you earn $100,000 a year in San Antonio, your money goes pretty far the sixth farthest among 50 U.S. cities analyzed by GoBankingRates. Utility costs are above average, but healthcare costs fall below average. $239,999 USD, $240,000 USD - It is important to weigh these factors carefully before making a decision about whether or not to pursue a high-paying job. When you arent cooking delicious meals at home, consider the cost of eating out. However, we can look at some factors that can help us arrive at an answer. You literally pay 4-5 times the cost of a home in the midwest. Transportation expenses like bus fares and gas prices are 31% higher than the national average. A good rule of thumb is to save 10-15% of your income for retirement. If you need to borrow a large amount of money, you may want to consider a government-backed loan. Salaries are different between men and women. Military bases in San Diego include Marine Corps bases, US Navy facilities, and Coast Guard stations. When it comes to student loans, there are a few different types of loans that you can take out. But as we. If you want to weep openly, live in Houston. Roughly 53% of households in the area are occupied by renters while the remaining 47% are owned. A new report looks at how far a $100,000-a-year income goes in the 50 largest cities. "You'll need to earn about $104,000 in San Francisco just to get by, since a $100K salary after taxes drops take-home pay to just over $72,000," the report said. It is well above the median annual salary in the United States and puts you in the top 35% income bracket for individuals. Get advice on achieving your financial goals and stay up to date on the day's top financial stories. While $100,000 might seem like a good income for living in the area, you need to consider how much will get pulled out in your taxes.