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It probably comes as no surprise that California sports one of the priciest cost of living in the United States. In fact, some cities in the state, like San Jose and Irvine, are known for being the...
1. Irvine, California. Average annual expenditure cost: $25,189 Average annual mortgage cost: $107,636 Income needed: $265,651 Discover More: How Far a $100,000 Salary Goes in America’s 50 ...
List of states by adjusted per capita personal income estimates the per capita personal income of residents of U.S. states adjusted by differences in the cost of living, called "regional price parities" by the U.S. Bureau of Economic Analysis. The BEA defines regional price parities as an estimate of "the differences in price levels across ...
California comes in third with $80,013 in yearly income needed. But if you’re looking for a cheap life without a partner, your best bet is to move to Mississippi, which requires the lowest ...
This is a list of U.S. states, territories, and Washington, D.C. by income.Data is given according to the 2023 American Community Survey (ACS) 1-Year Estimates, except for the American Samoa, Guam, the Northern Mariana Islands and the U.S. Virgin Islands, for which the data comes from 2010, as ACS does not operate in these areas.
The Bureau of Economic Analysis has calculated that the regional price parity in 2019 of the 50 largest MSAs ranges from 88.3 in Birmingham, Alabama (which has the lowest cost of living of the 50 most populous MSAs) to 126.7 in San Jose, California (the highest cost of living of the 50 most populous MSAs). An income of $0.88 in Birmingham ...
The researchers used the 2021 Consumer Expenditure Survey data (the latest available) for a single person from the Bureau of Labor Statistics to calculate the annual cost of necessities based on ...
The cost of living is the cost of maintaining a certain standard of living for an individual or a household. Changes in the cost of living over time can be measured in a cost-of-living index. Cost of living calculations are also used to compare the cost of maintaining a certain standard of living in different geographic areas.