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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Here’s How Much Money The Average Middle-Class American

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Aug 3, 2024 · You may have heard that the American middle class is shrinking — there's data to back it up. In 1971, 61% of Americans lived in middle-class households, according to a recent …

moneywise.com

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Salary Needed To Live Comfortably – 2024 Study

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Today I learned “the basic cost of living” in my city is about 70% more expensive than my current comfortable lifestyle. Is my family just ridiculously frugal? The wealthiest suburb in my metro …

reddit.com

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Are You In The Middle Class In Your State? - ConsumerAffairs

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Dec 10, 2024 · Middle-class workers can make as little as $50,000 or as much as $180,000 in different parts of the country. How much depends on where you live. ... The low end of the …

consumeraffairs.com

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Average Salary In The U.S. In 2025 - USA TODAY

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Sep 26, 2024 · A Smart Asset report based on MIT’s Living Wage data found that the average salary required to live comfortably in the U.S. is $68,499 after taxes. 10 This is nearly $10,000 …

usatoday.com

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What Is A Middle Class Income? How Much You Need To Earn In

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Sep 18, 2023 · In 2023, the minimum annual income for a family of four to be considered middle class ranged between $51,798 in Alabama and $81,396 in the District of Columbia. Here's a …

newsweek.com

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Here's The Annual Income You Need To Be In America's Upper, …

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In their 2024 report, “The State of the American Middle Class”, they found that the median income of middle-class households in 2022 was $106,100 — up 60% from $66,400 in 1970, as …

msn.com

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Are You Middle Class? Find Out Where Your Income Ranks

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Dec 9, 2024 · From 2002 to 2006, 61% of Americans thought they were living in middle-class or upper-middle-class households, according to Gallup. That number dropped to 56% when the …

investopedia.com

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The Income You Need To Fall In America's Lower, Middle And Upper ...

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Feb 2, 2024 · In a 2022 Gallup poll, 38% of Americans identified themselves as “middle class,” 14% as “upper-middle class” and only 2% as “upper class.” Almost half of Americans as a …

moneywise.com

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Here's How Much You Need To Earn To Be In The Middle Class In …

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But feeling middle class -- or even rich -- and attaining the lifestyle you want is often going to require a lot more than just earning $58,021 to $94,000. You'll also want to take steps like:

msn.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 You Need To Make To Live Comfortably In Every …

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Mar 10, 2021 · The median necessary "living wage" across the entire US is $67,690. It might be time to leave New York, where the minimum living wage is $95,724.

businessinsider.com

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How Much Should I Earn To Live A Comfortable Life In The US?

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Jul 4, 2019 · To get this type of life, you’ll obviously need a salary around the six or seven-digit figures. Average Salary in the US. The average annual salary per person is $47,060, …

istrategyconference.com

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What Is The Cost Of Comfort? Required Salaries By State

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Sep 1, 2024 · Top 5 most expensive states to live the easy life. Massachusetts: Leading the pack, a single person needs an annual income of $116,022 to live comfortably. Hawaii: Known for its …

moneysavingpro.com

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What’s The Average Salary I Can Live Normal Middle Lifestyle In ...

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It's difficult to say what salary you need for a middle class lifestyle, but I would want to make at minimum $50,000 to live in the Vancouver area without dire financial stress. $100,000 to live …

reddit.com

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

What is a middle class salary range?

The analysis used the Pew Research definition of “middle income,” which says a middle class salary range is two-thirds to double the area’s median salary. As of 2022 (the most recent Census data), the average median household income in the U.S. was $73,914, meaning the national range for the middle class is roughly $49,271 to $147,828. ...

How much income do you need to be middle class?

The income needed to qualify as middle-class varies widely depending on where you live. Using wage data from 2023, we calculated the income range for each state and major city, adjusting for cost of living. See our full methodology for details. The median minimum income needed to be middle-class in America is $75,225. ...

How much money does a middle-class person make a year?

Pew Research Center defined middle-class households as those with annual incomes between $56,600 and $169,800 as of 2022. (This applies to a three-person household.) That's a pretty broad range. The U.S. Census Bureau found that the national median household income was $80,610 in 2023. ...

What is the middle-class income range for each state and city?

To determine the middle-class income range for each state and city, we gathered median income data from the 2023 American Community Survey, the most recent dataset available. Our analysis focused on three-person households. We calculated the middle-class range as 75% to 125% of the median income for each location. ...

How much money do you need to be a middle-income person?

A household in a metropolitan area with a higher-than-average cost of living, or one with more than three people, needs more than $56,600 to be included in the middle-income tier. Households in less expensive areas or with fewer than three people need less than $56,600 to be considered middle income. ...

How much money does a middle-income household make in 2022?

Middle-income households – those with an income that is two-thirds to double the U.S. median household income – had incomes ranging from about $56,600 to $169,800 in 2022. Lower-income households had incomes less than $56,600, and upper-income households had incomes greater than $169,800. ...