While home care workers participate in the Fight for 15 movement in an effort to secure livable wages, it might come as a surprise that even registered nurses struggle to live comfortably and save some of their income, according to analysis from MyBankTracker.
The analysis focuses on how much Americans would need to earn to maintain a decent standard of living and put funds into savings while residing in 10 of the most expensive cities in the United States. It then showcases high-paying jobs, like RNs, that wouldn’t necessarily allow you to adequately save and simultaneously live in comfort.
Last on the list is Dallas, Texas, where analysts say to live well but save nothing, a resident must make approximately $65,000 annually. To ensure a higher standard of living and save 10% in Dallas, one must make about $72,500; registered nurses who earn an average of $71,910 a year just miss the mark.
Meanwhile, the fourth most expensive city on the list, Chicago, calls for an annual income of approximately $75,000 in order to save 10% while living comfortably. Registered nurses in Chicago, however, make an average of $73,590, under par to save one-tenth of their salary.
10. Dallas, Texas
9. Stamford, Connecticut
8. Boston, Massachusetts
7. Miami, Florida
6. Honolulu, Hawaii
5. Washington, D.C.
4. Chicago, Illinois
3. San Francisco, California
2. Los Angeles, California
1. New York City, New York
Written by Kourtney Liepelt
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