Here’s how much money it takes to be considered ‘financially comfortable’ in 12 major U.S. cities

Somewhere between living paycheck-to-paycheck and owning a yacht, Americans are considered "financially comfortable" if they have a net worth of 774,000.

It depends on which city you live in. To be considered financially comfortable by your peers in cities with a high cost of living, you need a net worth over $1 million.

In San Francisco, a net worth of over one million dollars is considered to be financially comfortable. The survey looked at 12 of the biggest metropolitan areas in the United States.

Here's a look at what it takes to be seen as financially comfortable in a city.

1. San Francisco: $1.7 million
2. New York City:$1.4 million
3. Southern California (includes Los Angeles and San Diego): $1.3 million
4. Seattle:$1.2 million
5. Washington, D.C.: $1.1 million
6. Chicago: $956,000
7. Houston: $919,000
8. Boston: $892,000
9. Dallas: $840,000
10. Atlanta: $771,000
11. Phoenix: $747,000
12. Denver: $671,000

A sample of 500 to 750 local residents for each metropolitan area were included in the online survey.

The subjective term "financially comfortable" means different things to different people. It could be a lot of disposable income, or it could be just owning a house and saving for retirement.

The Federal Reserve says the median net worth per household was $121,700 in 2019.

Net worth is the value of assets and liabilities minus one another.

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It takes a lot of money to be considered wealthy in 12 major US cities.