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Thread: 10 richest cities in America

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    Southern Belle mz_JazE's Avatar mz_JazE is offline
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    10 richest cities in America

    The 10 richest cities in America
    Erika Rawes, The Cheat Sheet 11 a.m. EST January 25, 2015

    When you think of a rich city, do you think of a place with a ton of million dollar homes? Maybe a place with a lot of culture, job opportunities, or beauty? Many of the richest cities are in high-demand for these very reasons.

    But, while some cities may be rich –that is, they have a lot of high earners — the cost of living in these places is really high as well. Your geographic location plays a large role in your cost of living — housing costs, utilities, food prices, and even how much you pay the sitter. So, things kind of balance out in a way.

    Using information from FindtheBest, we created a list of the 10 richest cities in America. The list includes cities with a population greater than 500,000 that have the highest percentage of households earning at least $150,000 per year.

    We've also included information on the corresponding salary a person needs to live comfortably in each of these cities. The salary a person needs to be comfortable in each city is based on studies finding the magic salary number — $75,000 — as the salary amount at which comfort is achieved.

    We've adjusted this $75,000 upwards or downwards based on living costs in each city, using a cost of living calculator and comparing each city to Phoenix, Ariz. — a city with a moderate cost of living and a median income that's close to the nationwide benchmark.

    The richest cities

    These are the 10 richest cities, and the salary a person would need to live comfortably in each of them:

    1. San Francisco — You'd need $124,561 to live comfortably in SF.
    2. San Jose — You'd need around $115,515 here.
    3. Washington, D.C. — $108,092 would be a comfortable salary in the nation's capital.
    4. Seattle — $93,634 would be ideal here.
    5. San Diego — You could be comfortable with a salary of $101,984.
    6. Boston — $106,082 is what you'd need to be financially comfortable in this northern city.
    7. New York City — To live comfortably, you'd need $131,365 in Brooklyn, $169,639 in Manhattan, and $116,907 in Queens.
    8. Los Angeles — $102,061 would have you sitting pretty in LA.
    9. Denver — $82,036 would be an ideal salary here.
    10. Austin — Surprisingly, in spite of the high percentage of people earning over $150,000, you'd only need $72,912 to be comfortable in this Texas city.

    These days, it's expensive to live anywhere. Nationwide, the median list price per square foot on homes is $120, a grocery bill can cost over $1,000 per month, and a trip to the movies can cost $40 or $50 if you grab a few snacks. Costs are high for everyone, but if you live in some of these "rich cities" with higher living costs and you're not earning big bucks, this makes for an even greater challenge.

    The Cheat Sheet is a USA TODAY content partner offering financial news and commentary. Its content is produced independently of USA TODAY.
    And this is why I've been trying to relocate to Austin. The 10 richest cities in America

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    Who feels it knows it! Georgeflash's Avatar Georgeflash is offline
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    Black people in DC not making $109K a year.
    So I guess they ain't comfortable.
    Say no to drugs.
    Smoke weed.

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    Southern Belle mz_JazE's Avatar mz_JazE is offline
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    Quote Originally Posted by Georgeflash View Post
    Black people in DC not making $109K a year.
    So I guess they ain't comfortable.
    At least none of the ones I know. Shoot most white people living in DC aren't making that much. All of my single co-workers have roommates living in Columbia Heights, NoMa (I hate that name by the way), Van Ness, and any other gentrified part of DC.

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    Southern Belle mz_JazE's Avatar mz_JazE is offline
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    Matter of fact DC is one the top 7 states with a high poverty rate. Even in today's Express it was reported that DC is on the way for the homeless rate to exceed last year's.
    7 States With the Most People in Poverty - Part 2
    States with the most people below poverty
    7. Kentucky
    Number of people living below poverty during 2013: 800,635What do you think?
    Percentage of people living below poverty during 2013: 18.8% What do you think?
    Number of people living below poverty in 2012: 823,197What do you think?
    Percentage difference between 2013 and 2013: –0.6%What do you think?
    Food stamp use ranking: Kentucky has the 10th highest food stamp use-percentage in the U.S.What do you think?

    6. The District of Columbia
    Number of people living below poverty during 2013: 115,551What do you think?
    Percentage of people living below poverty during 2013: 18.9%What do you think?
    Number of people living below poverty in 2012: 108,732What do you think?
    Percentage difference between 2013 and 2013: 0.4%1
    Food stamp use ranking: D.C. has the number one highest food stamp-use percentage in the U.S.What do you think?
    Burglary: See How Your Home May Be at Risk
    Liberty Mutual

    5. Georgia
    Number of people living below poverty during 2013: 1,843,768What do you think?
    Percentage of people living below poverty during 2013: 19.0%What do you think?
    Number of people living below poverty in 2012: 1,848,533What do you think?
    Percentage difference between 2013 and 2013: –0.2%What do you think?
    Food stamp use ranking: Georgia has the 8th highest food stamp use-percentage in the U.S.What do you think?

    4. Arkansas
    Number of people living below poverty during 2013: 565,469What do you think?
    Percentage of people living below poverty during 2013: 19.7%What do you think?
    Number of people living below poverty in 2012: 568,065What do you think?
    Percentage difference between 2013 and 2013: -0.1%What do you think?
    Food stamp use ranking: Arkansas has the 16th highest food stamp use-percentage in the U.S.What do you think?

    3. Louisiana
    Number of people living below poverty during 2013: 888,019What do you think?
    Percentage of people living below poverty during 2013: 19.8%What do you think?
    Number of people living below poverty in 2012: 891,981What do you think?
    Percentage difference between 2013 and 2013: -0.1%What do you think?
    Food stamp use ranking: Louisiana has the 7th highest food stamp use-percentage in the U.S.What do you think?

    2. New Mexico
    Number of people living below poverty during 2013: 448,461What do you think?
    Percentage of people living below poverty during 2013: 21.9%What do you think?
    Number of people living below poverty in 2012: 426,245What do you think?
    Percentage difference between 2013 and 2013: 1.1%What do you think?
    Food stamp use ranking: New Mexico has the 3rd highest food stamp use-percentage in the U.S.What do you think?

    1. Mississippi
    Number of people living below poverty during 2013: 695,915What do you think?
    Percentage of people living below poverty during 2013: 24.0%What do you think?
    Number of people living below poverty in 2012: 698,252What do you think?
    Percentage difference between 2013 and 2013: –0.2%What do you think?
    Food stamp use ranking: Mississippi has the 2nd highest food stamp use-percentage in the U.S.

    ETA: I know people from Virginia and Maryland that use a relative's address because it's hard for them to get food stamps in both states.

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    Registered User sankofaa's Avatar sankofaa is offline
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    every woman i met in dc was on some director of the national department of whatever commission

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    Southern Belle mz_JazE's Avatar mz_JazE is offline
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    Well at least you were fortunate to meet a woman who is a director. I know some government employees that don't make anything close to that, which is why most of them don't live in the city.

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    Warrior Queen NikkiGiovanni's Avatar NikkiGiovanni is offline
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    If the amount needed to live comfortable in nyc is the highest on the list, why isnt it number one on the list?
    you ALL AGREE with my opinion, which is why NONE of you ever EFFECTIVELY DISPUTE IT

    you ONLY have faith in the WOMEN'S ability to ELEVATE which is why you only FOCUS ON WOMEN...you ALL have long given up on Black men

    you just don't have the BALLS to OVERTLY AGREE....rather just do it INDIRECTLY

    weak men only can deal with weaker women

    in the presence of strength you diminish...

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    Ganjalero Collie4Nyah's Avatar Collie4Nyah is offline
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    Outta all of those west coast cities, I'd only consider living in San Diego
    MAYBE I'd move back to LA, but the smog is horrible
    Rest a dem, no thanks, weather isn't nice enough....
    Hibernation is a covert preparation for a more overt action.


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    Warrior Queen NikkiGiovanni's Avatar NikkiGiovanni is offline
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    Quote Originally Posted by Georgeflash View Post
    Black people in DC not making $109K a year.
    So I guess they ain't comfortable.
    Combined household income perhaps?

    Between 2 people they HAVE TO be able to pull that.
    you ALL AGREE with my opinion, which is why NONE of you ever EFFECTIVELY DISPUTE IT

    you ONLY have faith in the WOMEN'S ability to ELEVATE which is why you only FOCUS ON WOMEN...you ALL have long given up on Black men

    you just don't have the BALLS to OVERTLY AGREE....rather just do it INDIRECTLY

    weak men only can deal with weaker women

    in the presence of strength you diminish...

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    Southern Belle mz_JazE's Avatar mz_JazE is offline
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    It depends on where you work in DC. That's why people try to go to private companies or the government (federal or DC). Unless you're one of those who likes to work for nonprofits, or at the universities you definitely cannot live comfortably in DC. There are those who do choose to live in the city, and kudos to them especially the ones in Cleveland Park and Van Ness. They take the smaller space with exorbitant rent just to say they live in the city.

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