Tax rates increase significantly between $100,000 and $250,000 in US cities. A $250,000 salary has only $83,000 purchasing power in New York and San Francisco.

US cities where the tax rate jumps most between $100,000 and $250,000, per Bloomberg: pic.twitter.com/gQ5DojPsLS — unusual_whales (@unusual_whales) June 8, 2023 In New York and San Francisco, a $250,000 salary has the purchasing power of only about $83,000 after accounting for taxes and adjusting the remaining amount for the local cost of living, per Bloomberg. …

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