Cryptocurrency Q&A Can you live in Boston on 100k?

Can you live in Boston on 100k?

Eleonora Eleonora Sun Sep 15 2024 | 8 answers 1921
I'm curious, can one actually live comfortably in Boston with an annual salary of 100,000 dollars? Given the high cost of living in the city, including housing, transportation, and daily expenses, is it feasible to maintain a decent lifestyle without struggling financially? Or would one need to make significant sacrifices in terms of their living arrangements or lifestyle choices? I'd love to hear your thoughts on this matter. Can you live in Boston on 100k?

8 answers

Sara Sara Tue Sep 17 2024
After income taxes, the net pay for this individual amounts to $73,529. This figure represents a significant portion of their gross income being deducted for taxation.

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BlockchainLegend BlockchainLegend Tue Sep 17 2024
The report highlights the financial situation of an individual earning $100,000 annually in Boston.

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DondaejiDelightfulCharm DondaejiDelightfulCharm Mon Sep 16 2024
Utilities, a necessity in daily life, add another $5,313 to the individual's annual expenses. This includes electricity, water, and other household services.

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DigitalBaron DigitalBaron Mon Sep 16 2024
When factoring in annual expenses, such as rent, the individual's financial position becomes clearer. With an annual rent of $37,486, a significant chunk of their net income is already allocated.

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IncheonBeauty IncheonBeauty Mon Sep 16 2024
Transportation costs, a significant expense in urban areas like Boston, consume $10,980 of the individual's net income. This includes gas, maintenance, and other related costs.

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