ST. LOUIS — As the cost of living has increased in cities across the U.S., St. Louisans can expect more bang for their buck than many of their national peers.
SmartAsset, a New York-based financial technology company, recently analyzed how far an annual salary of $100,000 would go in 76 of the nation's largest cities. To do so, SmartAsset applied taxes to the $100,000 salary in each place and then adjusted for the cost of living.
It ranked St. Louis at No. 10 on the list, calculating an adjusted take-home pay of $79,921.
Kansas City ranked No. 28 with a take-home pay calculated at $73,191, and Chicago came in at No. 58, at $59,505.
Memphis, Tennessee, claimed the overall top spot. After subtracting taxes and making the cost-of-living adjustment, a $100,000 salary in Memphis was found to be worth $86,444. New York City landed in last place, with a $100,000 salary valued at $35,791.
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