- 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
Updated:
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Is that correct?Is $100,000 a Year Salary Good? | SoFi(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
| RANK | STATE | LIVING WAGE |
|---|---|---|
| 1 | Mississippi | $73,381 |
| 2 | Oklahoma | $74,253 |
| 3 | Alabama | $75,724 |
| 4 | Kansas | $75,924 |
| 5 | Arkansas | $76,456 |
| 6 | West Virginia | $76,905 |
| 7 | Missouri | $77,197 |
| 8 | Kentucky | $77,842 |
| 9 | Iowa | $78,025 |
| 10 | Georgia | $78,448 |
| 11 | Nebraska | $79,007 |
| 12 | Tennessee | $79,054 |
| 13 | Wyoming | $79,879 |
| 14 | Illinois | $79,899 |
| 15 | Indiana | $80,144 |
| 16 | Louisiana | $80,451 |
| 17 | Michigan | $80,998 |
| 18 | Ohio | $81,006 |
| 19 | Texas | $81,374 |
| 20 | Minnesota | $81,931 |
| 21 | New Mexico | $82,047 |
| 22 | South Dakota | $83,708 |
| 23 | North Dakota | $83,852 |
| 24 | South Carolina | $84,062 |
| 25 | Wisconsin | $84,156 |
| 26 | North Carolina | $84,957 |
| 27 | Pennsylvania | $87,500 |
| 28 | Utah | $89,936 |
| 29 | Delaware | $91,293 |
| 30 | Virginia | $91,955 |
| 31 | Florida | $92,271 |
| 32 | Montana | $92,367 |
| 33 | Idaho | $94,874 |
| 34 | Colorado | $95,563 |
| 35 | Nevada | $95,755 |
| 36 | Rhode Island | $95,929 |
| 37 | Arizona | $97,345 |
| 38 | Maine | $99,158 |
| 39 | New Hampshire | $100,436 |
| 40 | Connecticut | $101,030 |
| 41 | New Jersey | $104,770 |
| 42 | Washington | $105,080 |
| 43 | Vermont | $106,692 |
| 44 | Oregon | $106,779 |
| 45 | Maryland | $110,244 |
| 46 | Alaska | $113,079 |
| 47 | New York | $118,127 |
| 48 | California | $130,239 |
| 49 | Massachusetts | $142,341 |
| 50 | Hawaii | $182,900 |
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.
