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 ...

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

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 ...
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 ...
AOL

A six-figure income by 35? Here are ideal ages for 6 money milestones.

Land a dream job at 29. Buy your first home at 30. Earn six figures by 35. Realistic or not, those are the ages Americans ascribe to some of life’s financial milestones, according to a new survey from ...
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 ...