In the United States, half of the top 10 cities where a $100,000 salary goes the furthest are located in Texas.

A recent SmartAsset study reveals that a $100,000 salary in Texas will not go as far as it would in other states.

The company determined the worth of a $100,000 salary in 72 major U.S. cities after deducting federal, state, and local taxes, as well as housing, grocery, utility, and other living expenses, using data from the Council for Community and Economic Research.

In El Paso, Texas, a six-figure income offers the most purchasing power, with a $100,000 salary equating to approximately $88,840 after deducting expenses.

RentCafe data shows that El Paso, located in west Texas and on the U.S.-Mexico border, has an overall cost of living that is about 12% lower than the national average, with home buying and renting costs being nearly 30% cheaper.

Nearly 19% of the population lives in poverty, and 31% of the population is under 18, with a median age of 34, according to the latest available data from the U.S. Census.

SmartAsset ranked El Paso among the top five Texas cities. Additionally, Corpus Christi, San Antonio, Lubbock, and Houston were also included in the top 10.

While Texas does not impose state income taxes, residents still pay federal income taxes and face some of the highest property taxes in the country.

In 2022, Texas was the top state that Gen Zers, defined as those born between 1996 and 2004, moved to, according to Zillow's analysis of the latest available migration data. Younger Americans seem to be recognizing the financial advantages of relocating to Texas.

According to SmartAsset, the top 10 U.S. cities where a $100,000 salary goes the farthest, along with their median income and gross rent, based on U.S. Census data.

1. El Paso, Texas

• The purchasing power of $100,000 after deducting taxes and expenses is $88,840.
• Median household income: $55,710
• Median gross rent: $976

2. Oklahoma City, Oklahoma

• The purchasing power of $100,000 after deducting taxes and expenses is $87,585.
• Median household income: $64,251
• Median gross rent: $1,012

3. Memphis, Tennessee

• The purchasing power of $100,000 after deducting taxes and expenses is $86,960.
• Median household income: $48,090
• Median gross rent: $1,050

4. Corpus Christi, Texas

• The purchasing power of $100,000 after deducting taxes and expenses is $86,383.
• Median household income: $64,449
• Median gross rent: $1,178

5. San Antonio, Texas

• The purchasing power of $100,000 after deducting taxes and expenses is $85,625.
• Median household income: $59,593
• Median gross rent: $1,189

6. Lubbock, Texas

• The purchasing power of $100,000 after deducting taxes and expenses is $85,065.
• Median household income: $61,911
• Median gross rent: $1,087

7. Tulsa, Oklahoma

• The purchasing power of $100,000 after deducting taxes and expenses is $84,507.
• Median household income: $56,648
• Median gross rent: $958

8. Jacksonville, Florida

• The purchasing power of $100,000 after deducting taxes and expenses is $83,878.
• Median household income: $64,138
• Median gross rent: $1,281

9. Houston, Texas

• The purchasing power of $100,000 after deducting taxes and expenses is $82,986.
• Median household income: $60,440
• Median gross rent: $1,235

10. St. Louis, Missouri

• The purchasing power of $100,000 after deducting taxes and expenses is $82,614.
• Median household income: $52,941
• Median gross rent: $938

Your personal preference will ultimately determine the location you choose to settle down in, even though lists can be helpful when deciding where to move or whether you should make a move from your current location at all.

When deciding where to live, it's crucial to take into account the job prospects, recreational opportunities, and proximity to loved ones.

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