Philadelphia ranks among the 20 largest cities in the United States where $100,000 goes the shortest distance, writes Jaclyn DeJohn for SmartAsset.
A recent SmartAsset study evaluated 69 of the country’s largest cities, ranking them based on the purchasing power of a $100,000 annual income after taxes and local expenses.
In 2025, Philadelphia ranked No. 19, with a $100,000 income estimated to be worth $67,193. This was a 3.10 percent decrease from 2024, when the estimated true value was $69,341. The effective tax rate on a $100,000 income in Philadelphia is 28 percent.
Philadelphia is one of the few cities where the value of a $100,000 income has declined year over year, even as 68 percent of major cities saw that same dollar stretch further than it did in 2024.
At the top of the list is Manhattan, New York, and shows that a $100,000 income there is worth just $29,420 in estimated true value. By comparison, Oklahoma City, Oklahoma, has the highest value for the same income, at $91,868.
Read more about the value of $100,000 in Philadelphia and other major U.S. cities in SmartAsset.
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