How Much Money You Need To Live Comfortably By State Data Shows

According to the financial management site GOBankingRates, that all depends on where you live. Their analysts got down to brass tax about what goes into living comfortably across the U.S. They surveyed people in all 50 states to itemize all of life’s necessities, including housing, groceries, utilities, healthcare, and transportation, to form a living index for each state. Employing a “50-30-20” budget rule, which allots 50 percent of income for necessities, 30 for discretionary expenses as needed, and 20 percent for savings, the site then doubled the cost of necessities to find each location’s “comfortable” income. Read on to find out how much money you need to live comfortably in your home state! RELATED: This Is How Much Money You Need to Retire in Your State, According to Data. Annual Living Wage: $53,824 Annual Living Wage: $86,002 Annual Living Wage: $64,500 Annual Living Wage: $53,067 Annual Living Wage: $97,806 RELATED: This Is How Much Money People Your Age Make in Your State, Data Shows. Annual Living Wage: $66,443 Annual Living Wage: $78,454 Annual Living Wage: $66,838 Annual Living Wage: $63,645 RELATED: This Is How Much Money Makes You Middle Class in Your State, Data Shows. Annual Living Wage: $54,847 Annual Living Wage: $141,680 Annual Living Wage: $59,153ae0fcc31ae342fd3a1346ebb1f342fcb Annual Living Wage: $59,690 Annual Living Wage: $55,583 Annual Living Wage: $57,104 Annual Living Wage: $54,570 Annual Living Wage: $56,116 Annual Living Wage: $57,984 Annual Living Wage: $75,245 Annual Living Wage: $83,159 Annual Living Wage: $85,784 Annual Living Wage: $56,256 Annual Living Wage: $62,105 Annual Living Wage: $51,218 Annual Living Wage: $55,047 Annual Living Wage: $62,649 Annual Living Wage: $57,800 Annual Living Wage: $70,163 Annual Living Wage: $67,926 Annual Living Wage: $75,503 Annual Living Wage: $56,291 Annual Living Wage: $99,778 Annual Living Wage: $60,543 Annual Living Wage: $62,259 Annual Living Wage: $56,856 Annual Living Wage: $53,824 Annual Living Wage: $88,394 Annual Living Wage: $66,290 And for more financial news sent directly to your inbox, sign up for our daily newsletter. Annual Living Wage: $74,971 Annual Living Wage: $59,280 Annual Living Wage: $64,796 Annual Living Wage: $54,961 Annual Living Wage: $57,160 Annual Living Wage: $61,547 Annual Living Wage: $77,260 Annual Living Wage: $64,779

Annual Living Wage: $72,761 Annual Living Wage: $54,703 Annual Living Wage: $61,365

Annual Living Wage: $56,805 RELATED: This Is How Much Money Makes You Rich in Your State, According to Data.