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Quick answer

On a $150K salary, 72 of 75 US cities are affordable (under 30% rent burden), and 0 are unaffordable (over 40%). Cheapest: Memphis at 10% rent. Most expensive: New York at 38%.

Affordability · 2026

What Can I Afford on $150K?

Every US city ranked by rent burden at a $150K salary. Take-home pay uses real federal + state tax rates. Rent % is based on median 1BR in each city; green = under 30% (comfortable), red = over 40% (unaffordable).

Gross: $12,500/moFed tax: ~22%

Last updated: April 23, 2026

69

Comfortable

<25% rent

3

Affordable

25–29%

3

Stretched

30–39%

0

Unaffordable

40%+

Every City Ranked (best to worst)

CityTake-home/mo1BR rentRent %After essentials
MemphisTN$9,750$98010%$8,295
Oklahoma CityOK$9,156$92010%$7,761
WichitaKS$9,038$90010%$7,598
IndianapolisIN$9,369$1,05011%$7,839
DetroitMI$9,219$1,05011%$7,669
ClevelandOH$9,251$1,05011%$7,721
TucsonAZ$9,438$1,08011%$7,863
AlbuquerqueNM$9,138$1,05011%$7,618
MobileAL$9,125$1,00011%$7,575
Little RockAR$9,200$1,00011%$7,670
SpokaneWA$9,750$1,10011%$8,115
Kansas CityMO$9,075$1,10012%$7,495
San AntonioTX$9,750$1,18012%$8,055
St. LouisMO$9,131$1,10012%$7,551
LouisvilleKY$9,188$1,08012%$7,633
OmahaNE$9,020$1,05012%$7,495
CincinnatiOH$9,251$1,10012%$7,671
KnoxvilleTN$9,750$1,20012%$8,035
TallahasseeFL$9,750$1,20012%$7,995
BuffaloNY$8,938$1,10012%$7,303
RochesterNY$8,938$1,05012%$7,358
LexingtonKY$9,250$1,10012%$7,620
AnchorageAK$9,750$1,20012%$7,845
HoustonTX$9,750$1,28013%$7,930
ColumbusOH$9,251$1,18013%$7,591
MilwaukeeWI$8,794$1,15013%$7,144
Fort WorthTX$9,750$1,28013%$7,950
JacksonvilleFL$9,750$1,28013%$7,980
ChattanoogaTN$9,750$1,25013%$7,970
BirminghamAL$9,125$1,15013%$7,425
Des MoinesIA$9,150$1,15013%$7,460
Las VegasNV$9,750$1,35014%$7,875
PittsburghPA$9,366$1,28014%$7,596
New OrleansLA$9,219$1,28014%$7,404
PhoenixAZ$9,438$1,38015%$7,518
CharlotteNC$9,188$1,42015%$7,278
DallasTX$9,750$1,45015%$7,770
RichmondVA$9,031$1,32015%$7,221
BoiseID$9,025$1,38015%$7,165
RenoNV$9,750$1,45015%$7,780
NashvilleTN$9,750$1,52016%$7,715
RaleighNC$9,188$1,48016%$7,213
MinneapolisMN$8,519$1,38016%$6,624
OrlandoFL$9,750$1,58016%$7,665
Salt Lake CityUT$9,169$1,45016%$7,219
MadisonWI$8,794$1,38016%$6,914
Virginia BeachVA$9,031$1,40016%$7,076
SavannahGA$9,076$1,45016%$7,066
FresnoCA$8,938$1,40016%$6,948
Colorado SpringsCO$9,200$1,45016%$7,190
EugeneOR$8,688$1,40016%$6,728
AustinTX$9,750$1,65017%$7,545
TampaFL$9,750$1,68017%$7,550
BaltimoreMD$9,031$1,55017%$6,951
AshevilleNC$9,188$1,55017%$7,098
St. PetersburgFL$9,750$1,70017%$7,460
HartfordCT$9,063$1,55017%$6,938
AtlantaGA$9,064$1,65018%$6,889
ProvidenceRI$9,188$1,65018%$6,958
DenverCO$9,200$1,74019%$6,945
PortlandOR$8,513$1,59019%$6,403
PhiladelphiaPA$9,366$1,80019%$7,016
ChicagoIL$9,131$1,85020%$6,736
SacramentoCA$8,088$1,58020%$5,973
CharlestonSC$8,950$1,75020%$6,640
SeattleWA$9,750$2,10022%$7,090
MiamiFL$9,750$2,20023%$6,955
Fort LauderdaleFL$9,750$2,25023%$6,855
HonoluluHI$8,875$2,10024%$5,870
BostonMA$9,125$2,60028%$5,945
San DiegoCA$8,088$2,25028%$5,288
Washington, DCDC$8,688$2,40028%$5,698
Los AngelesCA$8,088$2,40030%$5,108
San FranciscoCA$8,088$2,80035%$4,703
New YorkNY$8,388$3,20038%$4,543

Take-home uses effective federal tax + state tax. Essentials = rent + utilities + groceries. Click a city for the full breakdown.

Frequently Asked Questions

How many US cities are affordable on a $150K salary?

Of 75 major US cities we track, 72 are affordable (rent under 30% of take-home) on $150K. 0 are unaffordable (rent over 40% of take-home). The most affordable: Memphis at 10% rent burden. The least: New York at 38%.

What's take-home pay on $150K by state?

Federal effective tax at $150K is about 22%. State tax varies 0–11%. In no-tax states (TX, FL, TN, WA, NV, AK), take-home is $9,750/month. In California (~9.3% effective), it drops to $8,588/month — a $1,163/month difference.

Is $150K a good salary to live on in 2026?

Depends entirely on city. In Memphis or similar cheap metros, $150K is comfortable with room to save. In SF, NYC, or coastal California, $150K often means roommates or sub-urban rent. The table below ranks all 75 cities from most comfortable to most stretched at this salary.