A Third of Americans Making $250,000 Say Costs Eat Entire Salary

More than a third of Americans earning at least $250,000 annually say they are living paycheck to paycheck, underscoring how inflation is taking a bigger bite out of Americans’ budgets at all ends of the pay spectrum.

Some 36% of households taking in nearly four times the median US salary devote nearly all of their income to household expenses, according to a survey by industry publication Pymnts.com and LendingClub Corp.

It’s particularly true among millennials, who are now in their mid-20s to early 40s: More than half of top earners in that generation report having little left at ...