Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
The salary a single person needs to live comfortably in every U.S. state [View all]
The salary a single person needs to live comfortably in every U.S. state
Published Tue, Apr 16 202411:09 AM EDTUpdated Tue, Apr 16 20245:51 PM
A single person will need to earn over six figures to live comfortably in the most expensive U.S. states, a SmartAsset analysis reveals.
“Comfortable” is defined as the monthly income needed to cover a 50/30/20 budget, which allocates 50% of your earnings for necessities like housing and utility costs, 30% for discretionary spending and 20% for savings or investments.
The income needed for each state was extrapolated based on the cost of necessities, using data from the MIT Living Wage Calculator.
Here’s a look at the five most-costly states for single workers, based on how much money residents would need to earn each year to live comfortably.
1. Massachusetts: $116,022
Snip...more...
https://www.cnbc.com/2024/04/16/salary-a-single-person-needs-to-live-comfortably-in-every-state.html
Published Tue, Apr 16 202411:09 AM EDTUpdated Tue, Apr 16 20245:51 PM
A single person will need to earn over six figures to live comfortably in the most expensive U.S. states, a SmartAsset analysis reveals.
“Comfortable” is defined as the monthly income needed to cover a 50/30/20 budget, which allocates 50% of your earnings for necessities like housing and utility costs, 30% for discretionary spending and 20% for savings or investments.
The income needed for each state was extrapolated based on the cost of necessities, using data from the MIT Living Wage Calculator.
Here’s a look at the five most-costly states for single workers, based on how much money residents would need to earn each year to live comfortably.
1. Massachusetts: $116,022
Snip...more...
https://www.cnbc.com/2024/04/16/salary-a-single-person-needs-to-live-comfortably-in-every-state.html
❤️pants
14 replies
= new reply since forum marked as read
= new reply since forum marked as read