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Alaska. Living Wage: $97,546 Life in the last frontier state comes at a cost, with housing, groceries, utilities, healthcare and transportation in Alaska all fairly expensive.
You’ll need $112,411 to make what’s considered a living wage in Hawaii. Massachusetts, California, New York and Alaska round out the top five most expensive states for a single person.
Depending on the cost of living in your state, your salary might not be enough to live comfortably. Here's a look at the living wage you need in every state. This Is the Living Wage You Need in ...
SmartAsset applied the 50/30/20 budget rule to cost of living data in each U.S. state to determine how much income a single adult needs to live comfortably, as well as two working adults raising ...
Cost of a basic but decent life for a family [1] [2]. A living wage is defined as the minimum income necessary for a worker to meet their basic needs. [3] This is not the same as a subsistence wage, which refers to a biological minimum, or a solidarity wage, which refers to a minimum wage tracking labor productivity.
Here's a look at the living wage you need in every state. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Mail ...
“Living wage” is defined as the income required to be able to allocate 50% to necessities, 30% to discretionary/luxury spending and 20% to savings. All data was collected on and up to date as ...
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