Below Supernav ↴

What’s the living wage a family of four needs in every US state?

  • How much is needed to get by varies widely among states
  • In Hawaii, the living wage for a family of 4 is $182,900
  • In Mississippi, the living wage for a family of 4 is $73,381

 

Main Area Top ↴

Testing on staging11

AUTO TEST CUSTOM HTML 20241211205327

AUTO TEST CUSTOM HTML 20241212105526

(NewsNation) — The amount of money a family of four needs to get by can vary drastically depending on where they live, according to new data analyzed by GoBankingRates.

In Hawaii, the living wage for a family of four is $182,900. In Mississippi it’s only $73,381.

The data used to calculate a “living wage” allowed 50% for necessities, which includes housing, 30% for luxury spending and 20% for savings.

The Living Wage For a Family of Four in All 50 States

RANKSTATELIVING
WAGE
1Mississippi$73,381
2Oklahoma$74,253
3Alabama$75,724
4Kansas$75,924
5Arkansas$76,456
6West Virginia$76,905
7Missouri$77,197
8Kentucky$77,842
9Iowa$78,025
10Georgia$78,448
11Nebraska$79,007
12Tennessee$79,054
13Wyoming$79,879
14Illinois$79,899
15Indiana$80,144
16Louisiana$80,451
17Michigan$80,998
18Ohio$81,006
19Texas$81,374
20Minnesota$81,931
21New Mexico$82,047
22South Dakota$83,708
23North Dakota$83,852
24South Carolina$84,062
25Wisconsin$84,156
26North Carolina$84,957
27Pennsylvania$87,500
28Utah$89,936
29Delaware$91,293
30Virginia$91,955
31Florida$92,271
32Montana$92,367
33Idaho$94,874
34Colorado$95,563
35Nevada$95,755
36Rhode Island$95,929
37Arizona$97,345
38Maine$99,158
39New Hampshire$100,436
40Connecticut$101,030
41New Jersey$104,770
42Washington$105,080
43Vermont$106,692
44Oregon$106,779
45Maryland$110,244
46Alaska$113,079
47New York$118,127
48California$130,239
49Massachusetts$142,341
50Hawaii$182,900
All data was collected by GOBankingRates on and up to date as of August 31, 2023

The most affordable states for a family of four are all in the South or Midwest.

On the other side of that, the most expensive states for a family of four require an income of more than $100,000. They’re all coastal states known for high real estate prices, according to GoBankingRates.

Your Money

Copyright 2024 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. regular

test

 

Main Area Middle ↴

Trending on NewsNationNow.com

Main Area Bottom ↴