Is 100k a good salary in seattle

You’re in 100k a good salary in seattle for a reason: you’re looking for ways to earn decent money. After all, nobody gets into marketing planning to earn minimum wage! Maybe you know what you want to make of your life, or maybe you just want some extra cash while trying to decide. Either way, now’s the time to take title=”how much do you need to earn a month” class=”vtxt_title”>a look at how much is 100K? Is it enough? Are there better-paid alternatives? Let me help!

Yes, 100k is a good salary in Seattle. The cost of living is high, but the median household income is also high. So, it’s important to consider both sides of the equation when trying to determine whether or not a salary is good enough for you.

A good salary in Seattle is one that allows you to live comfortably without having to worry about your bills and expenses.

Is 100k a good salary in seattle

Introduction

Yes, 100k is a good salary in Seattle. This is especially true for those who have families who will have more than enough money to pay for food and shelter.

A $100k-a-year salary is more than three times the median household income of $31,000 in Seattle.

The median household income in Seattle is $31,000, so a six-figure salary might sound like a dream. But it’s also important to note that the city’s average household income is $80,000 and the average listed home price is $875,000.

That being said, if you’re considering moving to Seattle, a $100k salary will put you on par with those around you. Most people don’t earn that much in this city—but they do earn far less than it would take to live comfortably there.

There are too many variables to determine what’s a good salary based on it alone, experts say.

“There are too many variables to determine what’s a good salary based on it alone,” says David Bakhtiar, founder and CEO of professional services company The Baktier Group. “For example, if you have no debt and live in a high cost-of-living area like San Francisco or New York City, then your income may be lower than someone who has the same job at the same level with six figures of student loans.”

Other factors that influence how good a salary is include living costs (housing costs make up more than half of most people’s budgets), tax rates, cost of living, etc., according to Scott Dobroski , director of communications at Glassdoor . The average household income in Seattle was $84,000 in 2017 , according to federal data cited by the Washington State Office of Financial Management . That figure includes households where both adults work full time but doesn’t account for any additional expenses like child care or other financial obligations such as student loans.

Putting your income into perspective can help you decide whether you’re satisfied with what you make.

There are a few things that can help you put your income into perspective. First, consider the fact that the average home in Seattle costs $780,000. If you buy a house, then this means that your pretax monthly payment will be $2,900 (30% of 100k). If you factor in taxes and insurance into your budgeting, then you should expect to spend more on housing than this amount.

Next, think about how much money it takes to live comfortably in Seattle according to various sources like CNBC or CNN Money. For example:

  • CNBC says living comfortably in Seattle requires making at least $90k per year; however , this doesn’t include transportation costs or child care expenses – two expenses which add up quickly if considering moving from out-of-state
  • CNN Money says living comfortably in Seattle requires making at least $83k per year

100k is a good salary in seattle

100K is a good salary in Seattle.

It’s important to note that your actual take-home pay will vary depending on your tax situation and whether you have any deductions or other costs that aren’t accounted for in the calculator. After all, if you’re paying out $40,000 per year in student loans and another $10,000 on rent (the average cost of an apartment here), then your take-home income is less than half of what it appears to be at first glance—and that’s without factoring in things like healthcare premiums or transportation costs.

The point here is not that 100K won’t get you by; it will get most people by quite comfortably in this city. But if you want to live next door to me (or anywhere near my neighborhood), it may not be enough on its own if you don’t make any extra money with side hustles or investments like real estate rentals or stocks/bonds/mutual funds (which many people do).

Conclusion

In conclusion, the answer to whether 100k is a good salary in Seattle depends on your perspective. If you’re lucky enough to live in an area with lower cost of living, then 100k might seem like a lot of money. But if you’re not one of those people, then this may not feel as abundant. In fact, it may be hard to afford everything from groceries and gas all the way down

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