When most people ask this question, they’re mainly interested in if 90k has a quality of life ratio. In other words, can you get by on this salary? Well, not only will I tell you if a 90k salary is good in California, but I’ll also show you the median household income so you can make a better comparison.
Yes, 90k is a good salary in California.
In fact, the median household income in California is $70,000. That means half of all households are earning more than that amount and half are earning less than that amount. The median household income is an important statistic because it represents the middle value of all incomes in a given region. It’s also a good representation of what most people make.
It’s important to note that although 90k is higher than the median income for California, it does not necessarily mean that everyone who makes this much money lives in California. This number is just the mean average for everyone who makes over $90k across the US. So if you’re making $100k and live in New York City (where salaries tend to be higher), then your salary would be considered high but not abnormally so compared to other people in your region who also make six figures or more each year.”
Is 90k a good salary in california
Introduction
90k is an okay salary to live on in California.
For example, in san francisco, california, the cost of living index is 153.
You can use the cost of living index to compare the cost of living in different cities. For example, in san francisco, california, the cost of living index is 153. This means that it’s almost double as expensive to live there as it is in other parts of the country.
The average consumer price index (CPI) score for all 50 states and Washington D.C. is 100—meaning that prices are equal on average with national averages. A score above 100 indicates higher prices than average; a score below 100 indicates lower prices than average
A salary of $90,000 can be considered a good income for most parts of the country
- For most parts of the country, $90,000 can be considered a good income for a family of three or two.
- For many parts of the country, $90k isn’t even enough to support a single person. A healthy non-working spouse makes things much easier on you financially (and emotionally).
However, san francisco also has some of the highest salaries in the nation
The San Francisco Bay Area is one of the most expensive places to live in the country, so it’s no surprise that salaries tend to be higher than average.
According to the Bureau of Labor Statistics (BLS), San Francisco has an average salary of $69,290 while New York City has an average salary of roughly $62,000 and both are much higher than that of other major cities like Chicago or Los Angeles at around $58k and $59k respectively.
What does that mean for you?.
You may be thinking, “That’s it? That’s what I need to earn in order to live in California?” You’d be right. A salary of 90k won’t go as far in California as it would elsewhere. In fact, depending on where you live and how much other stuff costs, you may need to make more than 90k to have a decent standard of living.
But don’t despair—there’s plenty more information about salaries on this website. We’ll walk through the most important ones in detail below:
- The median household income for California is $62,500 (as of 2016). This means that half the households earn more than $62,500 and half earn less than $62,500 each year; there are no extra numbers here at all!
- The median personal income for Hispanic Californians is only $41,000 (as of 2017); this means that half Hispanics earn less than $41K per year while the other half earns more than that figure or even above it if they happen to be one lucky piggy bank owner with lots of loose change lying around!
Take your cost of living into account before you decide on a salary.
The cost of living index is a measure of the relative cost of living in different parts of the country. A score of 100 means that the cost of living is exactly average, higher scores indicate higher costs, and lower scores indicate lower costs.
The table below shows how California compares to other states on this measure. It also shows what your wage would be after taxes at three different rates: 10%, 15% and 25%.
- The tax rates shown here are for federal income tax only; state and local income taxes can add more than 30% to your total tax bill in some areas.
Conclusion
In this article, we explored the pros and cons of living in California on $90,000 a year. We found that while housing costs are the highest in the country, salaries tend to be higher than average as well. Cost of living varies widely depending on where you live and how much debt you carry. We also looked at other factors like taxes, crime rates, and education quality that may impact your decision whether or not to move to California with a $90k salary
