Is 130k a good salary in california?

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Lola Becker asked a question: Is 130k a good salary in california?
Asked By: Lola Becker
Date created: Tue, Jul 13, 2021 7:22 AM
Date updated: Thu, Jun 30, 2022 11:35 AM

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Top best answers to the question «Is 130k a good salary in california»

Is 130k a good salary in San Francisco? $130k is a great salary, but not so great if it is a total package. As long as you are able to factor in costs for rent, utilities, transportation, insurance (health and auto, if buying a car), phone and internet plans, and groceries.

Is a 130k$ a good salary to live in San Francisco Bay Area? $130k is a great salary, but not so great if it is a total package. As long as you are able to factor in costs for rent, utilities, transportation, insurance (health and auto, if buying a car), phone and internet plans, and groceries.

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Filing $130,000.00 of earnings will result in $9,945.00 being taxed for FICA purposes. - California State Tax. Filing $130,000.00 of earnings will result in $8,779.21 of your earnings being taxed as state tax (calculation based on 2021 California State Tax Tables).

$130k is a great salary, but not so great if it is a total package. As long as you are able to factor in costs for rent, utilities, transportation, insurance (health and auto, if buying a car), phone and internet plans, and groceries. $130k is a great salary , but not so great if it is a total package.

First of all, $130K is about average for the area - just consider Glassdoor – Get Hired. Love Your Job. . The problem is national and state taxes against local cost of living. At this pay grade, in California, you lose about 40-50% of your income to taxes, and everyone else in the country thinks you're well off.

The folks at the personal finance site GoBankingRates.com looked at where a $100K income would be considered "good" in America's 50 largest cities. Eight of the cities are in California, and it...

You’ll need a staggering six-figure income to live comfortably in Los Angeles: at least $136,207 if you’re paying rent or $150,391 if you own a house. The salary needed to live comfortably in Los Angeles has risen by more than $25,000 in the past year, due to rising annual costs of transportation and utilities.

Location: Orange County, California Salary: Approximately $70,000 Monthly housing cost: $1,800 Student loans: $0 Monthly car payment: $0 Monthly health insurance premium: $600 (including spouse and child) Relationship status: Married. It’s a relatively comfortable salary, but it’s difficult in the area I live in. I’m a behavioral health registered nurse.

$130K in San Francisco is not the same as $130K anywhere else in the country. Which means you’re not doing as well as you think you are doing. There’s probably a cost calculator that could translate your income into something more like $90K is practically where you are in salary comparatively speaking. $90K should still be okay, but honestly as a single parent of two children that’s a major ding.

A $130,000 salary is in the 96 percentile of all salaries paid last year. That means that the grade for $130,000 is: A To put it in perspective, if your salary is $130,000 a year, about 96 percent of people in the US make less than you, and 4 percent make more than you. Is $130,100 a year a good salary? Go here for the next salary we graded.

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