Started By
Message
locked post

How much is needed to live comfortably is each state

Posted on 3/10/19 at 5:12 pm
Posted by TechDawg2007
Bawville
Member since Nov 2007
32626 posts
Posted on 3/10/19 at 5:12 pm
LINK

Alabama

Annual Living Wage: $60,016

Alaska

Annual Living Wage: $91,996

Arizona

Annual Living Wage: $68,504

Arkansas

Annual Living Wage: $59,461

California

Annual Living Wage: $99,971

Colorado

Annual Living Wage: $74,215

Connecticut

Annual Living Wage: $90,278

Delaware

Annual Living Wage: $71,254

Florida

Annual Living Wage: $67,614

Georgia

Annual Living Wage: $62,074

Hawaii

Annual Living Wage: $136,437

Idaho

Annual Living Wage: $66,486

Illinois

Annual Living Wage: $66,847

Indiana

Annual Living Wage: $62,086

Iowa

Annual Living Wage: $63,397

Kansas

Annual Living Wage: $62,090

Kentucky

Annual Living Wage: $63,086

Louisiana

Annual Living Wage: $63,842

Maine

Annual Living Wage: $80,336

Maryland

Annual Living Wage: $92,227

Massachusetts

Annual Living Wage: $93,895

Michigan

Annual Living Wage: $67,712

Minnesota

Annual Living Wage: $68,944

Mississippi

Annual Living Wage: $58,321

Missouri

Annual Living Wage: $60,858

Montana

Annual Living Wage: $70,719

Nebraska

Annual Living Wage: $65,162

Nevada

Annual Living Wage: $75,902

New Hampshire

Annual Living Wage: $74,415

New Jersey

Annual Living Wage: $86,244

New Mexico

Annual Living Wage: $63,629

New York

Annual Living Wage: $95,724

North Carolina

Annual Living Wage: $64,406

North Dakota

Annual Living Wage: $69,085

Ohio

Annual Living Wage: $63,204

Oklahoma

Annual Living Wage: $60,318

Oregon

Annual Living Wage: $93,285

Pennsylvania

Annual Living Wage: $68,581

Rhode Island

Annual Living Wage: $83,942

South Carolina

Annual Living Wage: $65,953

South Dakota

Annual Living Wage: $67,657

Tennessee

Annual Living Wage: $60,682

Texas

Annual Living Wage: $63,469

Utah

Annual Living Wage: $67,807

Vermont

Annual Living Wage: $83,878

Virginia

Annual Living Wage: $69,886

Washington

Annual Living Wage: $77,207

West Virginia

Annual Living Wage: $62,635

Wisconsin

Annual Living Wage: $67,667

Wyoming

Annual Living Wage: $61,788
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
76373 posts
Posted on 3/10/19 at 5:13 pm to
With a family? I don't make that in Colorado and I live pretty damn comfortably.

For chrissakes, it's 10k over the median household income.
Posted by dbuchanon
Member since Nov 2014
21044 posts
Posted on 3/10/19 at 5:13 pm to
quote:

How much is needed to live comfortably is each state



I think my comfortable is different from yours
Posted by Cosmo
glassman's guest house
Member since Oct 2003
132589 posts
Posted on 3/10/19 at 5:14 pm to
quote:

Louisiana Annual Living Wage: $63,842


You call that living?
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 3/10/19 at 5:16 pm to
quote:


Alaska

Annual Living Wage: $91,996


That's bullshite. According do roberttheshrubber, you only need a way to make fire and some clean water
Posted by tduecen
Member since Nov 2006
161246 posts
Posted on 3/10/19 at 5:18 pm to
So I need another 20k
Posted by TulaneFan
Slidell, LA
Member since Jan 2008
14092 posts
Posted on 3/10/19 at 5:20 pm to
If you make between 30 and 40 grand annually you can live pretty good most places in Louisiana.
Posted by HempHead
Big Sky Country
Member since Mar 2011
56769 posts
Posted on 3/10/19 at 5:22 pm to
quote:

50 percent of your income to necessities, 30 percent to discretionary expenses and 20 percent to savings


That would be nice but that isn't required to live comfortably.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53806 posts
Posted on 3/10/19 at 5:24 pm to
I could live pretty cheap if I needed to but we'd have to adjust our lifestyle quite a bit to live on 63k. I'm assuming this is household income.
This post was edited on 3/10/19 at 5:25 pm
Posted by AUCE05
Member since Dec 2009
45419 posts
Posted on 3/10/19 at 5:24 pm to
You wont live well for 60k in AL. Maybe with no bills.
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
31108 posts
Posted on 3/10/19 at 5:27 pm to
Their idea of comfortable is much different from mine.
Posted by OweO
Plaquemine, La
Member since Sep 2009
122522 posts
Posted on 3/10/19 at 5:39 pm to
Looks like you can stretch your dollar a little in Mississippi.
Posted by JetsetNuggs
Member since Jun 2014
15609 posts
Posted on 3/10/19 at 5:42 pm to
quote:

West Virginia

Annual Living Wage: $62,635


Almost heaven
Posted by pwejr88
Red Stick
Member since Apr 2007
37953 posts
Posted on 3/10/19 at 5:44 pm to
quote:

comfortably


Study and thread is stupid.
Posted by Evil Little Thing
Member since Jul 2013
11635 posts
Posted on 3/10/19 at 5:50 pm to
quote:

If you make between 30 and 40 grand annually you can live pretty good most places in Louisiana.


Define comfortably? Most apartments in BR in an area where you won’t get shot are $1000/mo for a 1 bedroom.
Posted by TulaneFan
Slidell, LA
Member since Jan 2008
14092 posts
Posted on 3/10/19 at 5:55 pm to
Baton Rouge is not one of those places.

I mean places like Raceland or Mamou where the median income is like fricking 20 grand.

You can live pretty good there on only 30K or so
This post was edited on 3/10/19 at 6:37 pm
Posted by LsuTool
Member since Oct 2009
36097 posts
Posted on 3/10/19 at 5:57 pm to
Those must be for a single guy
This post was edited on 3/10/19 at 5:58 pm
Posted by pwejr88
Red Stick
Member since Apr 2007
37953 posts
Posted on 3/10/19 at 5:58 pm to
I have a family member bringing in $18k a year from the government and they’re happier than a dog with two peters.

Doesn’t work.
Rents a small place in the country.
Drinks at night.
Posted by StringedInstruments
Member since Oct 2013
21067 posts
Posted on 3/10/19 at 5:59 pm to
This seems to be per person. So a family would need $120k in Alabama or $126k in Louisiana.

They define "comfortably" as being able to live with the 50/30/20 rule:

quote:

Using data from the Bureau of Labor Statistics and the 50/30/20 budgeting rule — which allocates 50 percent of your income to necessities, 30 percent to discretionary expenses and 20 percent to savings — the study found what you would need to earn to comfortably cover your basic needs while still saving for the future.


Seems about right, honestly. I mean, having kids in daycare will be a drain on almost anyone with two incomes. If you can get to the point where daycare isn't a drain, then you probably could survive with a SAHM in the house or just pay the daycare if she wants to pursue her career.

$120k/year comes out to about $7000/month after taxes and insurance. CoL in Alabama is really cheap, so you can find a nice house with a mortgage of $2000/month in any of the big cities. $5000 leftover for food, savings, retirement, vacations, necessities...seems pretty comfortable.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
140759 posts
Posted on 3/10/19 at 5:59 pm to
quote:

South Carolina

Annual Living Wage: $65,953
South Carolina Living Wage: $65,953.



This post was edited on 3/10/19 at 6:01 pm
first pageprev pagePage 1 of 2Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram