California is home to eight of the 16 largest U.S. cities where families can earn $100,000 and still be broke, according to a new study by Lending Tree.
San Jose, in the heart of Silicon Valley, ranked first as the most expensive city in the nation, according to the report, issued April 24. A family of three that earns six figures there would be in debt each month after spending on housing and transportation, the national loan company reported.
