Where Does a Six-Figure Salary Stretch Farthest? The East Coast Cost Reality Check

A $100,000 annual income sounds substantial, but on the East Coast, it’s not universally comfortable. The region’s charm—historic towns, vibrant cities, and coastal living—comes with a price. GOBankingRates analyzed Bureau of Labor Statistics data and cost-of-living indexes to reveal which Eastern states offer true purchasing power for a six-figure earner, and which ones demand careful budgeting.

The Affordability Tiers: How Your $100K Performs

The Premium Zone: Where $100K Barely Breaks Even

Massachusetts stands out as the region’s most expensive state, with a cost-of-living index of 145.1. A six-figure salary covers just 76% of typical annual spending ($131,572). Housing and healthcare costs exceed double the national average, with healthcare alone averaging $871 monthly.

Maryland (114.9 index, $104,188 annually) and New Jersey (114.8 index, $104,097 annually) follow closely. Both states’ housing ranks among the nation’s highest—New Jersey’s sits at sixth most expensive—leaving limited cushion for a $100,000 earner. When comparing cost of living in New Jersey versus other expensive Eastern states, the gap between these upper-tier states and affordable alternatives becomes striking.

Connecticut (113.5 index) and Vermont (113.7 index) round out this tier, where utilities and housing push annual needs above $102,000. Utilities in Connecticut average $562 monthly, the nation’s fourth-highest.

The Middle Ground: Balanced Living Options

New York (124.7 index, $113,074 annually), despite being iconic, offers somewhat better value than Massachusetts. A $100,000 salary covers 88.4% of expenses. Housing ranks fourth-highest, while groceries and healthcare remain costlier than average.

New Hampshire (110.1 index, $99,835 annually) nearly breaks even—$100K covers 100.2% of spending. No state income tax and sales tax help offset housing costs ($1,624 monthly).

Rhode Island (109.3 index, $99,110 annually) and Maine (113.4 index, $102,828 annually) offer coastal living with minimal financial breathing room. Both require tight budgeting despite their appealing lifestyles.

The Sweet Spot: Comfort Zone for Six-Figure Earners

Virginia (101.4 index, $91,946 annually) delivers solid value—$100K covers 108.8%, leaving 8.8% for discretionary spending. Florida (102.0 index, $92,491 annually) offers year-round weather, no state income tax, and healthcare costs 10% below national averages, covering 108.1% of typical expenses.

Delaware (103.5 index, $93,851 annually) uniquely combines no state sales tax with 106.6% coverage. Its picturesque beaches and arts scene come without premium pricing.

North Carolina (97.8 index, $88,682 annually) and Pennsylvania (97.5 index, $88,410 annually) represent exceptional value, with $100K covering 112.8% and 113.1% respectively. North Carolina balances Appalachian mountains and Atlantic coastline affordably, while Pennsylvania boasts the nation’s 12th cheapest groceries.

The Value Champions: Maximum Purchasing Power

South Carolina (94.6 index, $85,780 annually) and West Virginia (88.6 index, $80,340 annually) top the affordability list. South Carolina’s $100K salary provides a 16.6% surplus after covering typical expenses. West Virginia, the most affordable East Coast state, leaves a 24.5% cushion—the largest buffer of any Eastern state. Monthly grocery spending averages just $568, and healthcare costs rank 12th lowest nationally at $592.

Georgia (91.7 index, $83,151 annually) occupies this tier too, offering 120.3% coverage with a growing tech hub and diverse landscape.

The Bottom Line

The difference between Massachusetts and West Virginia tells the story: Massachusetts requires $131,572 annually for a typical lifestyle, while West Virginia needs just $80,340—a 63% gap. For six-figure earners, this means choosing between living comfortably in affordable regions or stretching tight in premium markets.

When evaluating relocation, consider not just salary but how effectively it translates to purchasing power. Coastal prestige and historic charm have real costs, while Southern and Appalachian alternatives offer genuine financial breathing room for the same $100,000 income.