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.

CouponFollow Extension

$28652
OFF

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

3 weeks from now

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

$74282
OFF

How Much To You Have To Earn To Live Comfortably In NY And NJ?

3 weeks from now

Mar 10, 2022 · An individual would have to make an annual salary of $74,282 after taxes to live comfortably. To determine the results, SmartAsset says it used the 50/30/20 rule to define that …

news12.com

$104121
OFF

Here's How Much You Need To Earn To Live Anywhere In NJ

3 weeks from now

Mar 23, 2018 · The group, for instance, estimates a family of two adults and two children in Morris County would need to earn a combined $104,121 per year — or $8,677 a month — to live …

patch.com

$138570
OFF

Single? This Is How Much You Have To Earn To Live Comfortably

3 weeks from now

Mar 25, 2024 · In New York, a single person needs to earn $138,570, while in Cleveland, Ohio an individual can earn $81,786 and live comfortably, according to a Smart Asset survey.

kiplinger.com

$377600
OFF

How Much You Need To Make To Afford A Home In NY, NJ, CT

3 weeks from now

Apr 10, 2024 · Median home sale price (Jan. 2024) Connecticut: $377,600 New Jersey: $495,600 New York: $521,800 Out of all 50 states and the District of Columbia, California requires the …

fox5ny.com

18%
OFF

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

3 weeks from now

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

$66.62
OFF

Here's The Minimum Annual Income Required To Be Middle Class In …

3 weeks from now

Mar 26, 2024 · Another study from SmartAsset 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 …

fox5ny.com

$90000
OFF

How Much Do You Have To Make A Year To Live Comfortably In NY?

3 weeks from now

Jan 13, 2024 · To live comfortably in New York, a good salary is between $90,000 and $100,000 gross per year (or between $71,596 — $99,434 after tax). With this income, you’re looking at a …

ncesc.com

$96000
OFF

Singles Need $96,000 A Year To Live Comfortably In The Biggest US ...

3 weeks from now

A single person needs to earn more than $96,000 a year to live comfortably in many major US cities, calculations by SmartAsset found. This jumps to nearly $140,000 for New York City, …

msn.com

$24000
OFF

Here's The Annual Income The Average Retiree Needs To Live …

3 weeks from now

5 days ago · Even in this data, there's quite a range in terms of how much annual income you might need. A homeowner in excellent health with no mortgage would need just $24,000, while …

fool.com

$121944
OFF

Cost Of Living In Manhattan, NY - Apartments.com

3 weeks from now

To live comfortably in Manhattan, NY, as a single adult with no dependents, you should aim for a salary around $121,944 before taxes. Expect to pay around $85,548/year for housing, …

apartments.com

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

How much money do you need to live comfortably?

In New York, a single person needs to earn $138,570, while in Cleveland, Ohio an individual can earn $81,786 and live comfortably, according to a Smart Asset survey. When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. The rising cost of living continues to take a bite out of American’s budgets. ...

How much money do you need to live in a city?

An individual needs $96,500, on average, to live comfortably in a major U.S. city. That figure is even higher for families, who need to earn an average combined income of about $235,000 to support two adults and two children. To raise two kids and still live comfortably in six U.S. cities, a family must earn over $300k. ...

How much money is comfortable in New York?

In New York, the amount is $138,570. Comfortable is defined as earning enough income to cover a 5 0/30/20 budget, where 50% of your income each month pays for necessities, 30% covers discretionary spending and 20% is set aside for savings and investments or paying down debt. Be a smarter, better informed investor. ...

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 does a family make a year?

All data from MIT's Living Wage calculator. Depending on where you live in the United States, the amount you need to make to get by and support a family can vary by a lot. While a household of two adults and two children can manage on less than $60,000 a year in Tennessee, for example, it takes at least $88,000 a year to make ends meet in New York. ...

What are hourly values in a household with two working adults?

In households with two working adults, all hourly values reflect what one working adult requires to earn to meet their families’ basic needs, assuming the other adult also earns the same. The poverty wage and state minimum wage are for reference purposes. ...