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6 comments
Sure it’s misleading but any salary comparison needs to account for cost of living. If they didn’t do that, we’d be complaining about that instead.
Article delivers what you’re looking for - a salary comparison.
Article delivers what you’re looking for - a salary comparison.
The smartasset paycheck calculator seems grossly inaccurate. I started with the default example, single taxpayer with $66,833 annual salary. For such a taxpayer, with no dependents, no other income, and standard deduction, in 2023 the effective federal tax rate would be 10.4%, while this calculator shows federal income tax withholding at 15.44%, quite a huge difference. This example taxpayer is greatly over-withheld and would receive a nice refund at tax filing time, but the report fails to take that into account.
This is a misleading title, it's 100k of purchasing power, not net take home value after taxes.
Lying journalism title, no thanks
Edit: also, Honolulu is at the top of their list but not in the title.