Here’s the Income It Takes to Live Comfortably in Each U.S. State ...

SmartAsset applied the 50/30/20 budget to cost data in each state to determine the income a single adult and family need to live comfortably.


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Income A Single Person Needs To Get By In Every US State

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Alabama. Total required income before taxes: $28,652. Estimated housing … Alaska. Total required income before taxes: $31,333. Estimated housing … Arizona. Total required income before taxes: $31,077. Estimated housing … Arkansas. Total required income before taxes: $27,652. Estimated housing … California. Total required income before taxes: $38,823. Estimated housing … See full list on cnbc.com

cnbc.com

$300000
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The Income A Family Of 4 Needs To Live Comfortably In Every State

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Apr 20, 2024  · In Massachusetts, a family of four needs more than $300,000 to live comfortably — the highest of all U.S. states.

cnbc.com

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Salary Needed To Live Comfortably – 2024 Study - SmartAsset

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The 50/30/20 budget recommends 50% of your salary should be allocated to your needs, 30% to wants, and 20% to saving.

smartasset.com

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Here's How Much You Need To Earn To Live Comfortably In Major …

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Mar 7, 2024  · Only 18% of individual Americans make more than $100,000 a year, according to 2023 data from careers website Zippia. About 34% of U.S. households earn more than …

cbsnews.com

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This Is How Much Money You Need To 'live Comfortably,' Data Shows

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Mar 11, 2024  · The research also revealed that it takes the most money to live comfortably as a single person in New York City, requiring $66.62 in hourly wages, or an annual salary of …

fox9.com

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How Much A Family Needs To Live 'Comfortably' In US States

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Jan 2, 2025  · Here's How Much a Family of 4 Needs to Live 'Comfortably' in Every U.S. State, According to a New Report In 26 states, a family of four has to earn at least $100,000 a year …

entrepreneur.com

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How Much You Need To Earn To Live Comfortably In 50 Major Cities

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Oct 11, 2024  · Median income: $87,544 Income needed if you’re a homeowner: $104,487 Income needed if you’re a renter: $93,907 Gabrielle Olya contributed to the reporting for this article.. …

gobankingrates.com

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How Much Money Do You Need To Live Comfortably In Every State

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Nov 28, 2019  · The absolute worst state for the Average Joe is Hawaii, where he would need to put in almost 91 hours each week just to make enough money ($96.1K) to have a comfortable …

howmuch.net

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How Much Money You Need To Make To Live Comfortably In Every …

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Mar 10, 2021  · GoBankingRates determined the "living wage" necessary to live comfortably in each US state late last year. Some states, like New York, require $95,724 to live comfortably, …

businessinsider.com

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Survey: Average American Feels They Need Over $186K To Live …

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Jul 1, 2024  · Those findings come as Americans report for the second year in a row that they need to make a major six-figure salary (over $186,000 a year, on average) just to live …

bankrate.com

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How Much Money You Need To Retire Comfortably In Every U.S. State

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Oct 11, 2023  · The amount of money you'll need in retirement varies by as much as $66,000 depending on where you live in the U.S.

cnbc.com

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Will Your Retirement Income Be Enough? - Investopedia

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Aug 27, 2024  · For example, you'll need $1.25 million ($50,000 ÷ 0.04) going into retirement if you estimate that you'll need $50,000 a year to live comfortably. Retirement Income

investopedia.com

FAQs about Here’s the Income It Takes to Live Comfortably in Each U.S. State ... Coupon?

How much income do you need to live comfortably?

Individuals in the top 11 most expensive states in the U.S. need an annual income exceeding $100,000 to live comfortably. This map shows how much income single adults need to live comfortably in each U.S. state. ...

How much money do you need to live on your own?

To live comfortably on your own in these states, you'd need to earn nearly double what most single earners typically make, as the U.S median income for single, full-time workers is around $60,000, per Labor Bureau data. ...

How much money does a family need to live comfortably?

Families in the top five most expensive U.S. states require an annual income exceeding $270,000 to live comfortably. This visualization illustrates the income necessary for two working adults with two children to maintain a comfortable lifestyle in each state. ...

How much money does a single person need to live comfortably?

A single person will need to earn over six figures to live comfortably in the most expensive U.S. states, a SmartAsset analysis reveals. ...

How much money does it take to live a comfortable life?

Hawaii is the single most difficult state for workers to get ahead, requiging $96.1K to enjoy a comfortable life and 91-hour workweeks to get there. The states where a comfortable life is within reach stretch across the South. Mississippi is the most affordable at $40.4K. Making that much money would require average workers to clock 53 hours. ...

How much money do Americans need to live comfortably?

The cost of living comfortably: On average, Americans feel they’d need to earn over $186,000 to feel financially secure or comfortable, a 20 percent drop from 2023 but still more than two times what the average full-time, year-round worker earned in 2022 (about $79,000), according to Census Bureau data. ...

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