What Is The Best Salary To Live Comfortably Massachusetts 116 022 Hawaii 113 693 California 113 651 New York 111 738 Washington 106 496 To live comfortably on your own in these states you d need to earn nearly double what
The average salary needed to live comfortably across the 25 largest U S metro areas is 57 013 It takes at least 2 193 in biweekly paychecks after taxes 57 013 in annual after tax income to live comfortably across the 25 largest metro areas in the U S Best Job Markets 2024 Study May 21 2024 Read More Cost of Living Taxes Top 10 Cities With the Highest Salaries Needed to Live Comfortably 1 New York City New York Hourly wage needed for a single adult 66 62 Annual salary needed for a single adult to live comfortably 138 570 Combined salaries for two working adults with two children needed 318 406 2
What Is The Best Salary To Live Comfortably
What Is The Best Salary To Live Comfortably
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Here are the salaries needed to live comfortably in 15 major U S cities San Francisco metro area 84 026 San Diego metro area 79 324 Boston metro area 78 752 New York metro area 78 524 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 100 000 a year according to Zippia
Living Wage Family of 4 29 19 Minimum Wage 14 25 Massachusetts frequently ranks among the best states to live in especially for families but the price of entry is steep The living wage for an individual is 19 91 an hour or 41 416 a year Of that over 16 000 will be spent on housing alone Massachusetts Ranks First Massachusetts is the most expensive state to live comfortably in A single adult needs to make at least 116 022 annually or 55 78 per hour Rank State Salary needed for a single working adult 1 Massachusetts 116 022
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We developed the Living Wage Calculator to help individuals communities employers and others estimate the local wage rate that a full time worker requires to cover the costs of their family s basic needs where they live Explore the living wage in your county metro area or state for 12 different family types below The data was last Living Wage 87 865 Maryland s living wage of nearly 87 865 is among the top 10 highest in the country Although Maryland is one of the nation s most expensive places to live the median annual salary of 98 461 covers the living wage and leaves over 10 000 extra for residents each year
GoBankingRates determined the living wage necessary to live comfortably in each US state late last year Some states like New York require 95 724 to live comfortably but in other states it For single folks New York City is the most expensive place to live comfortably You d need to earn about 138 570 a year or 66 62 an hour to get by without financial stress
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What Is The Best Salary To Live Comfortably - Here are the salaries needed to live comfortably in 15 major U S cities San Francisco metro area 84 026 San Diego metro area 79 324 Boston metro area 78 752 New York metro area 78 524