Living in New York is costly, especially in high-tax areas. A $100K salary doesn’t stretch far due to taxes, leaving only around 70% for expenses. Breakdowns show after-tax income for single and married filers, along with total taxes paid and take-home pay.

Earning more in NY doesn’t solve tax issues. Moving between $100K and $250K salaries increases taxes significantly. Kiplinger ranks NY as a pricey state for living costs and taxes. Residents need to understand how state of residency impacts total tax costs.

Read more at Yahoo Finance: What $100,000 Salary Looks Like After Taxes In New York