Depressing new study finds $100K translates to just $66K in major CA cities

Source: New York Post

A depressing new study has found a $100,000 salary after taxes translates to less than $66,000 a year in major California cities due to high taxes and the staggering cost of living. Research by Consumer Affairs found a six-figure income in the Golden State “no longer guarantees that you can live comfortably” in eight metropolises. 3 Five major cities in Southern California tied for 4th places on the list where a six-figure salary doesn’t go far.

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