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6-Figure Salary Now Lower-Middle Class in 12 States

6-Figure Salary Now Lower-Middle Class in 12 States

Published 2 weeks, 2 days ago
Description

In a surprising twist, a six-figure salary is now considered lower-middle class in twelve states due to skyrocketing living costs. MoneyLions analysis reveals that earning over one hundred thousand dollars a year barely qualifies as comfortable in these high-priced areas. The cost of living has redefined what constitutes a comfortable income, with Massachusetts topping the list at one hundred sixteen thousand four hundred seventy-six dollars. Cheaper alternatives in the South and Midwest, such as Arkansas, Mississippi, or Oklahoma, may offer relief for those struggling in these expensive states.

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