Here's the income you need to live comfortably in every state in the US

Advertisement
Here's the income you need to live comfortably in every state in the US

new york

turtix/Shutterstock

The annual income needed to live comfortably in New York (and still have savings) is $95,724.

Advertisement

Living paycheck to paycheck is an unfortunately common hallmark of American life.

Having it all - the ability to cover basic expenses, while still having "fun money" and contributing to savings - can be a difficult feat.

That total amount - also known as an annual "living wage" - varies significantly depending on what state you're in.

GoBankingRates recently determined the necessary living wage in each state using data from the Bureau of Labor Statistics and the 50/30/20 budgeting rule. This popular general budgeting rule allocates 50% of annual income to necessities like housing, 30% to discretionary expenses like travel, and the remaining 20% to savings.

Advertisement

The median necessary living wage across the entire US is $67,690. The state with the lowest annual living wage is Mississippi with $58,321. The state with the highest living wage is Hawaii with $136,437. Other expensive states (unsurprisingly) included New York and California, which have notoriously high costs of living and expensive housing markets.

Keep reading to see what the annual living wage necessary is to live comfortably in every US state, listed in alphabetical order by state name. Also included is the actual median household income in each state according to 2018 data from the US Census Bureau and the median price of homes listed for sale in each state from Zillow.

{{}}

The living wage in Alabama is $60,016.

The living wage in Alabama is $60,016.

Median household income in 2018: $61,584

Median price of homes currently listed: $219,900

The living wage in Alaska is $91,996.

The living wage in Alaska is $91,996.

Median household income in 2018: $74,346

Median price of homes currently listed: $288,000

Advertisement

The living wage in Arizona is $68,504.

The living wage in Arizona is $68,504.

Median household income in 2018: $59,246

Median price of homes currently listed: $295,000

The living wage in Arkansas is $59,641.

The living wage in Arkansas is $59,641.

Median household income in 2018: $47,062

Median price of homes currently listed: $178,500

Advertisement

The living wage in California is $99,971.

The living wage in California is $99,971.

Median household income in 2018: $75,277

Median price of homes currently listed: $549,000

The living wage in Colorado in $74,215.

The living wage in Colorado in $74,215.

Median household income in 2018: $71,953

Median price of homes currently listed: $427,300

Advertisement

The living wage in Connecticut is $90,278.

The living wage in Connecticut is $90,278.

Median household income in 2018: $76,348

Median price of homes currently listed: $324,900

The living wage in Delaware is $71,254.

The living wage in Delaware is $71,254.

Median household income in 2018: $64,805

Median price of homes currently listed: $300,000

Advertisement

The living wage in Florida is $67,614.

The living wage in Florida is $67,614.

Median household income in 2018: $55,462

Median price of homes currently listed: $296,000

The living wage in Georgia is $62,074.

The living wage in Georgia is $62,074.

Median household income in 2018: $58,756

Median price of homes currently listed: $260,000

Advertisement

The living wage in Hawaii is $136,437.

The living wage in Hawaii is $136,437.

Median household income in 2018: $80,212

Median price of homes currently listed: $630,000

The living wage in Idaho is $66,486.

The living wage in Idaho is $66,486.

Median household income in 2018: $55,583

Median price of homes currently listed: $334,900

Advertisement

The living wage in Illinois is $66,847.

The living wage in Illinois is $66,847.

Median household income in 2018: $65,030

Median price of homes currently listed: $235,950

The living wage in Indiana is $62,086.

The living wage in Indiana is $62,086.

Median household income in 2018: $55,746

Median price of homes currently listed: $189,900

Advertisement

The living wage in Iowa is $63,397.

The living wage in Iowa is $63,397.

Median household income in 2018: $59,955

Median price of homes currently listed: $175,000

The living wage in Kansas is $62,090.

The living wage in Kansas is $62,090.

Median household income in 2018: $58,218

Median price of homes currently listed: $190,000

Advertisement

The living wage in Kentucky is $63,086.

The living wage in Kentucky is $63,086.

Median household income in 2018: $50,247

Median price of homes currently listed: $195,000

The living wage in Louisiana is $63,842.

The living wage in Louisiana is $63,842.

Median household income in 2018: $58,218

Median price of homes currently listed: $190,000

Advertisement

The living wage in Maine is $80,336.

The living wage in Maine is $80,336.

Median household income in 2018: $55,602

Median price of homes currently listed: $250,000

The living wage in Maryland is $92,227.

The living wage in Maryland is $92,227.

Median household income in 2018: $83,242

Median price of homes currently listed: $325,000

Advertisement

The living wage in Massachusetts is $93,895.

The living wage in Massachusetts is $93,895.

Median household income in 2018: $79,835

Median price of homes currently listed: $468,500

The living wage in Michigan is $67,712.

The living wage in Michigan is $67,712.

Median household income in 2018: $56,697

Median price of homes currently listed: $189,000

Advertisement

The living wage in Minnesota is $68,944.

The living wage in Minnesota is $68,944.

Median household income in 2018: $70,315

Median price of homes currently listed: $274,900

The living wage in Mississippi is $58,321.

The living wage in Mississippi is $58,321.

Median household income in 2018: $44,717

Median price of homes currently listed: $188,000

Advertisement

The living wage in Missouri is $60,858.

The living wage in Missouri is $60,858.

Median household income in 2018: $54,478

Median price of homes currently listed: $189,900

The living wage in Montana is $70,719.

The living wage in Montana is $70,719.

Median household income in 2018: $55,328

Median price of homes currently listed: $325,000

Advertisement

The living wage in Nebraska is $65,162.

The living wage in Nebraska is $65,162.

Median household income in 2018: $59,566

Median price of homes currently listed: $212,000

The living wage in Nevada is $75,902.

The living wage in Nevada is $75,902.

Median household income in 2018: $58,646

Median price of homes currently listed: $324,900

Advertisement

The living wage in New Hampshire is $74,415.

The living wage in New Hampshire is  $74,415.

Median household income in 2018: $74,991

Median price of homes currently listed: $304,900

The living wage in New Jersey is $86,244.

The living wage in New Jersey is $86,244.

Median household income in 2018: $81,740

Median price of homes currently listed: $345,000

Advertisement

The living wage in New Mexico is $63,629.

The living wage in New Mexico is $63,629.

Median household income in 2018: $47,169

Median price of homes currently listed: $240,000

The living wage in New York is $95,724.

The living wage in New York is $95,724.

Median household income in 2018: $67,844

Median price of homes currently listed: $399,900

Advertisement

The living wage in North Carolina is $64,406.

The living wage in North Carolina is $64,406.

Median household income in 2018: $53,855

Median price of homes currently listed: $274,900

The living wage in North Dakota is $69,085.

The living wage in North Dakota is $69,085.

Median household income in 2018: $63,837

Median price of homes currently listed: $223,900

Advertisement

The living wage in Ohio is $63,204.

The living wage in Ohio is $63,204.

Median household income in 2018: $56,111

Median price of homes currently listed: $176,900

The living wage in Oklahoma is $60,318.

The living wage in Oklahoma is $60,318.

Median household income in 2018: $51,924

Median price of homes currently listed: $190,000

Advertisement

The living wage in Oregon is $93,285.

The living wage in Oregon is $93,285.

Median household income in 2018: $63,426

Median price of homes currently listed: $388,000

The living wage in Pennsylvania is $68,581.

The living wage in Pennsylvania is $68,581.

Median household income in 2018: $60,905

Median price of homes currently listed: $216,995

Advertisement

The living wage in Rhode Island is $83,942.

The living wage in Rhode Island is $83,942.

Median household income in 2018: $64,340

Median price of homes currently listed: $324,000

The living wage in South Carolina is $65,953.

The living wage in South Carolina is $65,953.

Median household income in 2018: $52,306

Median price of homes currently listed: $249,500

Advertisement

The living wage in South Dakota is $67,657.

The living wage in South Dakota is $67,657.

Median household income in 2018: $56,274

Median price of homes currently listed: $225,000

The living wage in Tennessee is $60,682.

The living wage in Tennessee is $60,682.

Median household income in 2018: $52,375

Median price of homes currently listed: $255,900

Advertisement

The living wage in Texas is $63,469.

The living wage in Texas is $63,469.

Median household income in 2018: $60,629

Median price of homes currently listed: $279,000

The living wage in Utah is $67,807.

The living wage in Utah is $67,807.

Median household income in 2018: $71,414

Median price of homes currently listed: $367,400

Advertisement

The living wage in Vermont is $83,878.

The living wage in Vermont is $83,878.

Median household income in 2018: $60,782

Median price of homes currently listed: $275,000

The living wage in Virginia is $69,886.

The living wage in Virginia is $69,886.

Median household income in 2018: $72,577

Median price of homes currently listed: $310,325

Advertisement

The living wage in Washington is $77,207.

The living wage in Washington is $77,207.

Median household income in 2018: $74,073

Median price of homes currently listed: $419,900

The living wage in West Virginia is $62,635.

The living wage in West Virginia is $62,635.

Median household income in 2018: $44,097

Median price of homes currently listed: $165,700

Advertisement

The living wage in Wisconsin is $67,667.

The living wage in Wisconsin is $67,667.

Median household income in 2018: $60,773

Median price of homes currently listed: $219,900

The living wage in Wyoming is $61,788.

The living wage in Wyoming is $61,788.

Median household income in 2018: $61,584

Median price of homes currently listed: $264,900

Advertisement