Even six-figure earners are living paycheck to paycheck as costs soar — why high incomes aren’t enough to escape the affordability crisis

Even Americans making $500K+ are saying they can’t get ahead. Here’s what’s happening and what to do to overcome it.
ABC30 Action News

In 22 states and DC, buyers need six-figure household income to afford a typical median-priced home

Buying an affordable home in the United States has gotten a lot harder for many people since 2020. A new analysis from Bankrate.com finds that in 22 states and Washington, DC, buyers need a six-figure ...
AOL

A Six-Figure Income Is ‘Lower-Middle Class’ in These High-Cost Cities

A six-figure income may be enough to live comfortably in some places, but this amount is considered lower-middle class in 50 popular cities with high cost of living. This is especially pronounced in ...

Half of wealthy Americans have lied about a Venmo glitch to avoid paying the bill. Why even 6-figure earners are 'stretched, struggling or drowning'

Almost two-thirds of respondents (64%) say six figures is “no longer a sign of wealth but survival mode.” Instead of luxuries ...
AOL

In these cities, you can earn a six-figure income and still be broke

In one of every four large American cities, a family can earn six figures and still feel broke. That’s the takeaway from an analysis by LendingTree, the personal finance site, which measured monthly ...
Yahoo

The High-Income Debt Trap: How A Couple Earning Six Figures Net Amassed $81,000 In Debt

A recent confession on Reddit served as a stark reminder that a high income is no guarantee of robust financial health, and sparked a discussion on the perils of frivolous spending. The post, titled ...
San Diego Union-Tribune

Many Californians need six-figure incomes to afford rent

California is home to five of the eight U.S. metropolitan areas where a six-figure income is necessary to be a financially comfortable renter. My trusty spreadsheet analyzed April rent data from ...
Yahoo

Here’s the Six Figure Salary That’s Still Considered ‘Lower Middle Class’ in California

California has always had a reputation for sunshine, beaches and sky-high living costs — and lately, the last one seems to be outshining the rest. According to data from California’s Legislative ...
Nasdaq

A Six-Figure Income Is ‘Lower-Middle Class’ in These High-Cost Cities

GOBankingRates referred to the Pew Research Center’s definition of middle class as two-thirds to double the median household income to determine the cities where a six-figure income is considered ...