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The difference in housing costs from city to city is especially important. The Bureau of Economic Analysis has calculated that the regional price parity in 2019 of the 50 largest MSAs ranges from 88.3 in Birmingham , Alabama (which has the lowest cost of living of the 50 most populous MSAs) to 126.7 in San Jose , California (the highest cost of ...
Top 10 Cities With the Lowest Salaries Needed to Live Comfortably. 1. Houston, Texas Hourly wage needed for a single adult: $36.10 Annual salary needed for a single adult to live comfortably: $75,088
A recent study by The Kaplan Group identified the metro areas with the highest average wages — see whether your city made the cut. Also see 20 other cities where it is easy to land a high-paying ...
Saginaw–Bay City–Midland, Michigan MSA 403,070 $20,320 111 Boise City, Idaho MSA 432,345 $20,280 112 Little Rock–North Little Rock, Arkansas MSA 724,294 $20,263 113 Elkhart–Goshen, Indiana MSA 182,791 $20,250 114 Jackson, Michigan MSA 158,422 $20,171 115 Salinas, California MSA 401,762 $20,165 116 Canton–Massillon, Ohio MSA 406,934
In at least 10 of America’s biggest cities by population, you’ll need an annual salary of $150,000 or more to live comfortably. In the most expensive, you’d need more like $266,000 a year.
The salary distribution is right-skewed, therefore more than 50% of people earn less than the average net salary. These figures have been shrunk after the application of the income tax . In certain countries, actual incomes may exceed those listed in the table due to the existence of grey economies .
To find cities with high salaries and low costs of living, GOBankingRates analyzed and ranked cities in the U.S. that had a population of at least 20,000 residents, a median household income above ...
Map of locations by per capita income. Areas with higher levels of income are shaded darker. Massachusetts is the second wealthiest state in the United States of America, with a median household income of $89,026 (as of 2021), [1] and a per capita income of $48,617 (as of 2021). [2]
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