How much money you have to live comfortably in your state

Using a classic budgeting rule, that's what you need where you live.


When it comes to money, most people think the more the merrier. Yet research shows thatbeyond a certain salaryYour life satisfaction and well-being do not increase your income. In fact, a study in 2018 by a team of Purdue University found that once you have reached a certain financial threshold, "increased income tended to be associated with a reduced life satisfaction and level of well-being lower. "Once you're comfortable, it means without majorfinancial worryWith some cash in hand for the little luxury - you can rest easy knowing that you've probably got the most money can buy happiness. But what dollar amount achieved this goal?

According GobankingRates financial management site, depending on your location. Their analysts are down to the brass taxWhat goes in life comfortably Across the United States, they interviewed people in 50 states in detail all the necessities of life, including housing, groceries, utilities, health care and transportation, to form a living index for each state. Using a fiscal rule "50-30-20" which Allit 50% of income for necessities, 30 for discretionary spending as needed and 20% for savings, the site then doubled the cost of necessities for find income "comfortable" in each place. . Read ahead to find out how much money you need to live comfortably in your home state!

RELATED:Here is how much money you need to retire in your state, according to data.

Alabama

The skyline of Mobile, Alabama at dusk
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Annual salary of life: $ 53,824

Alaska

Anchorage Skyline with a winter reflection
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Annual salary of life: $ 86.00

Arizona

cityscape photo of downtown Scottsdale, Arizona at night
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Annual salary of life: $ 64,500

Arkansas

The skyline of Little Rock, Arkansas
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Annual salary of life: $ 53,067

California

walkway pier, palm trees, oceanside, california
JON BILOUS / SHUTTERSTOCK

Annual salary of life: $ 97,806

RELATED:This is how much money people your age are in your state, the data show.

Colorado

Colorado
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Annual salary of life: $ 66,443

Connecticut

cityscape photo of an empt parking lot, trees, buildings, and a busy highway in Hartford, Connecticut at sunset
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Annual salary of life: $ 78.454

Delaware

canal next to a dock, restaurant, and roses in the foreground in Lewes, Delaware
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Annual salary of life: $ 66,838

Florida

cityscape photo of Florida City in Miami, Florida
Beige Irina / Shutterstock

Annual salary of life: $ 63,645

RELATED:Here is how much money makes you the middle class in your state, shows data.

Georgia

atlanta georgia
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Annual salary of life: $ 54,847

Hawaii

An aerial photo of Waikiki Beach and downtown Honolulu, Hawaii with Diamond Head in the background
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Annual salary of life: $ 141,680

Idaho

boise idaho
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Annual salary of life: $ 59,153

Illinois

the downtown area and bean in Chicago, Illinois
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Annual salary of life: $ 59,690

Indiana

cityscape photo of Indianapolis, Indiana at night
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Annual salary of life: $ 55,583

Iowa

white houses, green land and empty roads, photo taken from above, in Iowa City, Iowa
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Annual salary of life: $ 57,104

Kansas

cityscape photo of Wichita, Kansas at dusk
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Annual salary of life: $ 54,570

Kentucky

city skyline of downtown Louisville, Kentucky
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Annual salary of life: $ 56,116

Louisiana

royal street in new orleans
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Annual salary of life: $ 57,984

Maine

townhouses and building behind a lake in Portland, Maine
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Annual salary of life: $ 75.245

Maryland

cityscape photo of downtown Annapolis, Maryland at night
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Annual salary of life: $ 83,159

Massachusetts

boston massachusetts street
Shutterstock / Sean Pavon

Annual salary of life: $ 85,784

Michigan

ann arbor michigan street
Shutterstock / Paul Brady Photography

Annual salary of life: $ 56,256

Minnesota, downtown Minneapolis
F11Photo / Shutterstock

Annual salary of life: $ 62.105

Mississippi

light house in biloxi, mississippi, dusk
Von Sean Pavon / Shutterstock

Annual salary of life: $ 51.218

Missouri

fountain and park in Kansas City, Missouri
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Annual salary of life: $ 55.047

Montana

photo take by a drone of the Montana State Capitol in Helena, Montana
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Annual salary of life: $ 62,649

Nebraska

The skyline of downtown Omaha, Nebraska during the day
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Annual salary of life: $ 57,800

Nevada

cityscape photos of building, casinos, and streets in Las Vegas, Nevada at night
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Annual salary of life: 70 $ 163

New Hampshire

townscape photo of Portsmouth, New Hampshire at sunset
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Annual salary of life: $ 67,926

New Jersey

cityscape photo of buildings in downtown Jersey City, New Jersey
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Annual salary of life: $ 75,503

New Mexico

cityscape photo of buildings and trees in Albuquerque, New Mexico
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Annual salary of life: $ 56,291

new York

Crowded New York City sidewalk at sunset
Ryan deberardinis / Shutterstock

Annual salary of life: $ 99,778

North Carolina

The skyline of Charlotte, North Carolina with fall foliage in the foreground
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Annual salary of life: $ 60,543

North Dakota

north dakota, bridge, water
CJ Cagney / Shutterstock

Annual salary of life: $ 62,259

Ohio

cleveland ohio skyline
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Annual salary of life: $ 56,856

Oklahoma

bricktown in oklahoma city, river,
Von Sean Pavon / Shutterstock

Annual salary of life: $ 53,824

Oregon

cityscape photo of Eugene, Oregon at dusk
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Annual salary of life: $ 88,394

Pennsylvania

city skyline of and boar crossing river in Pittsburgh, Pennsylvania
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Annual salary of life: $ 66,290

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Rhode Island

providence rhode island state capitol buildings
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Annual salary of life: $ 74,971

Caroline from the south

landscape photo of a garden in Charleston, South Carolina
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Annual salary of life: $ 59,280

South Dakota

A view of Rapid City, South Dakota at night, with a park in the foreground.
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Annual salary of life: $ 64,796

Tennessee

cityscape photo of buildings, a highway, and the Sunsphere in Knoxville, Tennessee
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Annual salary of life: $ 54,961

Texas

city skyline of Dallas, Texas at dusk
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Annual salary of life: $ 57.160

Utah

cityscape photo of Center Street and downtown Provo, Utah at dusk
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Annual salary of life: $ 61,547

Vermont

Vermont
Sean Pavon / Shutterstock

Annual salary of life: 77,260 $

Virginia

james river skyline, richmond, virginia
Sean Pavon / Shutterstock

Annual salary of life: $ 64,779

Washington

cityscape photo of a flowing river, lake, and buildings in downtown Spokane, Washington

Annual salary of life: $ 72,761

Western Virginia

city skyline with a bridge, buildings, and the Kanawha River in Charleston, West Virginia
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Annual salary of life: $ 54,703

Wisconsin

city skyline and Lake Michigan at twilight in Milwaukee, Wisconsin
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Annual salary of life: $ 61.365

Wyoming

Road from Yellowstone National Park to Grand Teton National Park, Wyoming, USA - Image

Annual salary of life: $ 56,805

RELATED: How much money makes you rich in your state, according to the data .


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