Author: Gus Lubin and Antonina Jedrzejczak

  • Here’s What A $100,000 Salary Gets You In 20 Global Cities

    Sao PauloA 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

    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

    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

    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

    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

    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

    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

    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

    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

    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

    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

    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

    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

    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

    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

    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

    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

    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

    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

    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

    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…

    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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  • And Now, Here Are The 20 Cities That Are Having An Awesome Recovery

    Cities doing the best/recessionThe whole country was hit by the economic recession, but some stellar states are bouncing back faster than their neighbors.

    Employment is up, houses are selling, and people are getting jobs. Maybe it’s not happening in your back yard, but trust us, it’s happening.

    Based on a report by the Brookings Institute, we’ve ranked the twenty best cities.

    See The 20 Cities That Are Having an Awesome Recovery >>

    Join the conversation about this story »

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  • The 20 Cities That Have Completely Missed The Recovery

    las vegas homelessThe Recession never ended in some cities, and the recovery has a long ways to go.

    There are cities in Florida where foreclosures are still rising, blotting out any chance of recovery in home prices. The mayor of Detroit plans to demolish a quarter of the city to get a handle on his real estate problem. Homeless communities are growing on the outskirts of Sacramento.

    Based on a report by the Brookings Institute, we’ve ranked the twenty worst cities.

    See The 20 Cities Where The Recovery Never Happened >

    Join the conversation about this story »

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