Thursday, May 23, 2019

How Far Does $100K Stretch In Boston? You'll Be Sorry You Asked | Patch

Patch: How Far Does $100K Stretch In Boston? You'll Be Sorry You Asked
Here's what the authors had to say:
"Massachusetts has a reputation as a high-tax state, but a whole host of high costs lands Boston in the bottom 10 when it comes to take-home pay on a $100,000 salary. City residents suffer from high rent and grocery costs as well, along with the second-highest healthcare expenses of any city.
  • Federal income taxes: $17,262.50
  • Net pay after income taxes: $74,197.70
  • Annual rent: $32,496
  • Annual groceries: $5,245
  • Annual utilities: $1,874.64
  • Annual driving costs: $8,037
  • Annual healthcare: $9,234
  • Income leftover: $17,311
Read more here

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