A six-figure salary (US$) means one thing in New York City and something very different in Bangkok.
Assuming you have a salary of US$100,000 in each location, the difference comes down to taxes, cost of living, and the real estate market.
We calculated your REAL income based on taxes and cost of living (using the Economist’s informal Big Mac Index). And we picked out a property for sale in your price-range, which should be around $300,000.
So where do you want to live?
Check Out What You Can Get In All 20 Cities >
Zurich
Image: en.comparis.ch
Typical home: A one bedroom, 39 sq.m. modern, open floorplan apartment for approximately USD 271,000.
Adjusted post-tax income: $41,000
Note: Adjusted income is a calculation based on an estimate of tax (30%) and cost of living compared to USA (172%).
Source: Forbes and the Economist’s Big Mac Index
Berlin
Image: www.findaproperty.com
Typical home: A centrally-located, one bedroom, one bath apartment with 70sq.m., for approximately USD 313,000.
Adjusted post-tax income: $42,000
Note: Adjusted income is a calculation based on an estimate of tax (46%) and cost of living compared to NYC (129%).
Source: Forbes and the Economist’s Big Mac Index
Tel Aviv
Image: www.immobilier.co.il
Typical home: A 50sq.m. two room apartment for approximately USD 299,000.
Adjusted post-tax income: $51,000
Note: Adjusted income is a calculation based on an estimate of tax (43%) and cost of living compared to NYC (112%).
Source: Forbes and the Economist’s Big Mac Index
Sydney
Typical home:A stylish studio in an affluent inner-city suburb for USD 302,000.
Adjusted post-tax income: $54,000
Note: Adjusted income is a calculation based on an estimate of tax (40%) and cost of living compared to USA (111%).
Source: Forbes and the Economist’s Big Mac Index
Paris
Image: sale.lodgis.com
Typical home: A 24sq.m. studio in Paris’ 3rd arrondissement for approximately USD 293,000.
Adjusted post-tax income: $55,000
Note: Adjusted income is a calculation based on an estimate of tax (39%) and cost of living compared to NYC (129%).
Source: Forbes and the Economist’s Big Mac Index
Toronto
Image: www.royallepage.ca
Typical home: A three bedroom, three bath home on less than half an acre of land in a Toronto suburb, for approximately USD 299,000.
Adjusted income: $55,000
Note: Adjusted post-tax income is a calculation based on an estimate of tax (38%) and cost of living compared to NYC (113%).
Source: Forbes and the Economist’s Big Mac Index
Sao Paulo
Image: www.fusedworld.com
Typical home: A 720sq.m., fully furnished, five bedroom beach house two hours drive from Sao Paolo, for USD 320,000.
Adjusted post-tax income: $60,000
Note: Adjusted income is a calculation based on an estimate of tax (26%) and cost of living compared to NYC (124%).
Source: Forbes and the Economist’s Big Mac Index
San Francisco
Image: www.realtor.com
Typical home: A one bedroom San Francisco home for USD 302,000.
Adjusted post-tax income: $62,000
Note: Adjusted income is a calculation based on an estimate of tax (38%)* and cost of living compared to USA (100%).
Source: Forbes, CA tax data, and the Economist’s Big Mac Index
Istanbul
Image: www.turkeypropertyforsale.com
Typical home: A 200sq.m. villa located 3 miles from the city center, for approximately USD 300,000.
Adjusted post-tax income: $64,000
Note: Adjusted income is a calculation based on an estimate of tax (33%) and cost of living compared to USA (104%).
Source: Forbes and the Economist’s Big Mac Index
Boston
Image: www.realtor.com
Typical home: A two bedroom, one bath 900 sq.ft. co-op on Commonwealth Ave., for USD 305,000.
Adjusted post-tax income: $67,000
Note: Adjusted income is a calculation based on an estimate of tax (33%)* and cost of living compared to USA (100%).
Source: Forbes, *Mass. tax data, and the Economist’s Big Mac Index
London
Image: www.findaproperty.com
Typical home: A centrally located 270 sq.ft. studio apartment for approximately USD 300,000.
Adjusted post-tax income: $68,000
Note: Adjusted income is a calculation based on an estimate of tax (34%) and cost of living compared to USA (97%).
Source: Forbes and the Economist’s Big Mac Index
New York
Image: www.corcoran.com
Typical home: An Upper West Side two room apartment for USD 284,000.
Adjusted post-tax income: $72,000
Note: Adjusted income is a calculation based on an estimate of tax (38%) and cost of living compared to USA (100%).
Source: Forbes and the Economist’s Big Mac Index
Tokyo
Image: www.realestate-tokyo.com
Typical home: A one bedroom in Tokyo for USD 300,000.
Adjusted post-tax income: $75,000
Note: Adjusted income is a calculation based on an estimate of tax (26%) and cost of living compared to USA (99%).
Source: Forbes and the Economist’s Big Mac Index
Capetown
Image: www.findaproperty.com
Typical home: A two bedroom, two bath modern apartment with a view, for approximately USD 245,000.
Adjusted post-tax income: $96,000
Note: Adjusted income is a calculation based on an estimate of tax (35%) and cost of living compared to USA (68%).
Source: Forbes and the Economist’s Big Mac Index
Mexico City
Image: realestatemexico.metroscubicos.com
Typical home: A 168 sq.m. apartment in a new construction for approximately USD 301,000.
Adjusted post-tax income: $100,000
Note: Adjusted income is a calculation based on an estimate of tax (28%) and cost of living compared to NYC (72%).
Source: Forbes and the Economist’s Big Mac Index
Dubai
Image: www.bhomes.com
Typical home: A two bedroom 1,153 sq.ft apartment in the Emirates Living District for approximately USD 294,000.
Adjusted post-tax income: $113,000
Note: Adjusted income is a calculation based on an estimate of tax (5%) and cost of living compared to NYC (84%).
Source: Forbes and the Economist’s Big Mac Index
Moscow
Image: www.evans.ru
Typical home: A newly renovated and fully furnished 30 sq.m. studio for USD 290,000.
Adjusted post-tax income: $115,000
Note: Adjusted income is a calculation based on an estimate of tax (13%) and cost of living compared to USA (67%).
Source: Forbes and the Economist’s Big Mac Index
Bangkok
Image: www.bkkcondos.com
Typical home: A two bedroom, two bath brand new, centrally located 68 sq.m. condo for approximately USD 298,000.
Adjusted post-tax income: $120,000
Note: Adjusted income is a calculation based on an estimate of tax (28%) and cost of living compared to USA (60%).
Source: Forbes and the Economist’s Big Mac Index
Shanghai
Image: www.space.sh.cn
Typical home: A one bedroom, one bath centrally located apartment for approximately USD 285,000.
Adjusted post-tax income: $139,000
Note: Adjusted income is a calculation based on an estimate of tax (29%) and cost of living compared to USA (51%).
Source: Forbes and the Economist’s Big Mac Index
Hong Kong
Image: www.fusedworld.com
Typical home: A two bedroom on the outskirts of Hong Kong for approximately USD 296,000.
Adjusted post-tax income: $175,000
Note: Adjusted income is a calculation based on an estimate of tax (16%) and cost of living compared to USA (48%).
Source: Forbes and the Economist’s Big Mac Index
Now take a look the local real estate market…
Image: Zillow
The 10 Housing Markets In America That Are Still Wildly Overvalued
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