As per a report by Forbes, purchasing power of $100k a decade ago was a lot more than what it is today. The report points to data from the Bureau of Labor Statistics, as per which today's $130,000 has the purchasing power of $100k a decade ago. Moreover, the purchasing power of $100k varies from place to place in USA. Where a $100k salary goes the furthest and the take-home pay:Memphis, Tenn.: $86,444El Paso, Texas: $84,966Oklahoma City, Okla.: $84,498Corpus Christi, Texas: $83,443Lubbok, Texas: $83,350Houston, Texas: $81,171San Antonio, Texas (Tie): $80,124Fort Worth, Texas (Tie): $80,124Arlington, Texas (Tie): $80,124St. Louis, Mo. : $79,921Where a $100k salary is worth less and the take-home pay:New York, N.Y.: $35,791Honolulu, Hawaii: $36,026San Francisco, Calif.: $36,445Washington, D.C.: $44,307Long Beach, Calif. (Tie): $44,623Los Angeles, Calif. (Tie): $44,623San Diego, Calif.: $46,167Oakland, Calif.: $46,198Boston, Mass.

Source: Hindustan Times May 23, 2023 21:40 UTC