US EditionSalary Needed to Live Comfortably in US Cities
- SmartAsset ranked large U.S. Cities by the full-time salary needed as of February 10, 2025, for single adults and families to live comfortably.
- The ranking results from analyzing costs of necessities based on MIT's Living Wage Calculator and median incomes from the 2023 U.S. Census data.
- San Jose, California, now requires the highest annual salary for a single adult at $147,430, overtaking New York City, which ranks second at $136,656.
- The analysis applies the 50/30/20 budget rule, allocating 50% of income to necessities like housing, food, transportation, and taxes, ensuring financial stability.
- Salaries needed to live comfortably in large U.S. Cities exceed the national median household income of $80,610, indicating affordability challenges for many residents.
39 Articles
39 Articles
Salary needed to live comfortably in US cities | News Channel 3-12
StockImageFactory.com // Shutterstock StockImageFactory.com // Shutterstock Salary needed to live comfortably in US cities Most households aim to maintain a cushion between the necessary spending for day-to-day necessities—like housing, food, utilities and childcare—while also enjoying life in the moment and saving for the future. This means keeping room in the budget for the occasional vacation or splurge, as well as savings for long-term goals…
Zillow research shows Richmond residents need $68k to afford average rent in the area
RICHMOND, Va. (WRIC) -- As the cost of living increases, so has affordable housing -- with Richmond being one of many states requiring residents to make over $65k for affordable housing. According to Zillow, the cost of living has sky rocketed across the country with renters needing to earn more than 80k to comfortably afford rent, which is up from 60k from five years ago. In Richmond, the income needed to comfortably afford rent as of April 202…
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