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 - CNBC

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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

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The Salary A Single Person Needs To Get By In Every U.S. State

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Single people may have to make sacrifices to get by. Although the study … Alabama. Annual living wage for a single person: $46,577.Alaska. Annual living wage for a single person: $71,570.Arizona. Annual living wage for a single person: $60,026.Arkansas. Annual living wage for a single person: $47,111.See full list on cnbc.com

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Salary Single Person Needs To Live Comfortably In Major U.S. Cities

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Mar 20, 2024 · Here's the income a single person needs to live comfortably in the 25 U.S. cities with the highest cost of living: New York City: $138,570 San Jose, California: $136,739 Irvine, …

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Here’s The Living Wage A Single Person Needs To Live Comfortably …

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The study found a single person needs to make about $96,500, on average, to have long-standing comfort in a major city in the U.S.

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Here’s The Living Wage A Single Person Needs To Live Comfortably …

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2 days ago · For comparison here are some national averages: Average annual expenditures: $55,689 Housing: $13,104 Groceries: $4,197 Utilities: $3,602 Healthcare: $4,405 …

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

How much living wage do you need to live comfortably?

A new survey outlines how much someone needs to earn as a “living wage” to live comfortably in all 50 U.S. states. States that require the highest living wage for individuals are Hawaii ($112,411) followed by Massachusetts ($87,909) and then California ($80,013). ...

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 does a single person need to live comfortably?

Here's the income a single person needs to live comfortably in the 25 U.S. cities with the highest cost of living: New York City ranks first overall, requiring an income of $138,570 for a single person to live comfortably. In contrast, single people in Houston need to earn $75,088 — the lowest amount of all major U.S. cities examined. ...

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

To live comfortably on your own in the top five states, a person would need to earn nearly double the typical income for single earners, as the U.S. median income for single, full-time workers is around $60,000, according to Labor Bureau data. ...

How much money does a single person need to make a living?

Perhaps surprisingly, it’s also the only state where a single person needs to make six figures to get by. Massachusetts, California, New York and Alaska fill out the top five salary needs for those who aren’t married or shacking up. On average, single workers require an income of $57,200 to make a living wage in America, according to the analysis. ...

What would a living wage be before paying taxes?

Here's a closer look at what a living wage would be, before paying taxes, for a single person, including the estimated costs of housing and food, in every U.S. state. Keep in mind that these numbers are estimates. (The state numbers are averages of their counties.) Amounts will vary from place to place, even within a state. ...