The Income an Individual Needs to Live Comfortably in Every U.S. State
SmartAsset’s analysis shows 23 states require more than $100,000 for a single adult to follow the 50/30/20 budget.
3 Articles
3 Articles
Thinking about relocating? This is the salary you'll need to earn to live comfortably
New study by fintech company SmartAsset examined how much you need to earn per year to live comfortably in each state in the United States, with the definition based on dividing income into 50% for basic needs, 30% for luxuries, and 20% for savings
The Income an Individual Needs to Live Comfortably in Every U.S. State
The Income an Individual Needs to Live Comfortably by State Key Takeaways An individual needs more than $100,000 a year to live comfortably in 23 U.S. states under the 50/30/20 budgeting rule. Hawaii requires the highest income at $129,002, while West Virginia has the lowest threshold at $81,245. Even in the least expensive state, the comfortable-living benchmark exceeds $81,000 a year. How much does an individual need to earn to live comforta…
What it takes to live "comfortably"
A staggeringly unrealistic article recently came out entitled "This Is The Income A Family Needs To Live Comfortably In Every U.S. State."As expected, certain high cost-of-living states dominated the list, such as California, Massachusetts, Hawaii, etc. In these states, the income necessary for a "comfortable" lifestyle can top $300,000. So of course, the first thing I looked up is the income necessary for a comfortable lifestyle in Idaho. And d…
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- 50% of the sources lean Left, 50% of the sources are Center
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