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Living Expenses

All articles tagged with #living expenses

finance1 year ago

"Study Reveals Income Needed for Comfortable Living in Major US Cities"

A new study by SmartAsset reveals that individuals in Colorado cities, including Colorado Springs, Denver, and Aurora, need higher salaries than the national average to live comfortably, based on a 50/30/20 budget model. The study found that Aurora ranks No. 18 out of the top 99 largest cities in the nation for the highest wage needed to live comfortably, with hourly wages over $45, while the Colorado minimum wage is currently $14.42 and in Denver, it’s $18.29.

via FOX 31 Denver|
#budgeting#colorado#cost-of-living
finance1 year ago

"Comparing the Cost of Living Comfortably in Major US Cities"

SmartAsset's annual study reveals that a single resident in Washington D.C. needs to make $99,424, while a couple requires a combined $275,642 to live comfortably, based on the MIT Living Wage Calculator's 50/30/20 rule. The study also shows that on average, an individual needs $96,500 for sustainable comfort in major U.S. cities, with New York City being the most expensive. Families in D.C. need an average combined income of about $235,000 to support two adults and two children. The study also highlights the hourly wages and annual salaries needed for a single adult and families to live comfortably in the top 10 most expensive cities, with seven of them located in California.

via FOX 5 DC|
#cost-of-living#finance#living-expenses
lifestyle2 years ago

"Living in New York: A Hellish Experience or Urban Paradise?"

A TikToker who lived in New York City for two years shared her honest review of the city, highlighting the amazing food and cool people, but also pointing out the high living expenses, difficulty in finding affordable apartments, and ongoing issues with mice. She mentioned the lack of peace and quiet, the crowded and dirty streets, and the challenge of grocery shopping in the city. Despite the challenges, she acknowledged that living in New York City can be a transformative experience, but wanted to provide a realistic perspective as it is often glamorized.

via Daily Mail|
#apartment-hunting#crowded#lifestyle