Asked By: Malcolm Jackson Date: created: Feb 19 2022

How much money should a single person make a year

Answered By: Lawrence Parker Date: created: Feb 19 2022

Depending on where you live in the United States, the amount you need to make to get by can vary by a lot.

While a single person can manage on just over $23,000 a year in Indiana, for example, it takes at least $30,000 a year to make ends meet in California, and even more in New York..

Asked By: Oliver Evans Date: created: Oct 17 2021

Is 24000 a year poverty

Answered By: Carl Robinson Date: created: Oct 19 2021

The federal government sets poverty thresholds at various levels based on family size. … So, put simply, based on Gallup’s data, Americans who can live on $24,000 a year sit just above the level at which people are considered abjectly poor.

Asked By: Patrick Diaz Date: created: Feb 24 2022

How much is 20K a year hourly

Answered By: Alejandro Roberts Date: created: Feb 24 2022

Assuming 40 hours a week, that equals 2,080 hours in a year. Your annual salary of $20,000 would end up being about $9.62 per hour.

Asked By: Connor Barnes Date: created: Aug 10 2021

How can I live comfortably on $2000 a month

Answered By: Jonathan Gonzalez Date: created: Aug 13 2021

How To Live On $2,000 A Month (Or Less!)Rent: $800.Food: $250.Cellphones: $60 (one for each parent)Car insurance: $70 (breakdown of average insurance rates by state)Car maintenance: $25.Fuel: $50.Electricity: $180 (based off of our home running the A/C unit)Health Care: $495 (Samaritan Ministries)More items…•Jul 20, 2017

Asked By: Jacob Butler Date: created: Jul 21 2021

Is $15 an hour a livable wage

Answered By: Nathaniel Garcia Date: created: Jul 22 2021

A $15 hourly pay scale would more than double the current $7.25 federal minimum wage. It still wouldn’t offer a living wage to low-paid single adults and families in many areas, according to a CNBC analysis of state cost-of-living data.

Asked By: David Powell Date: created: Nov 01 2021

What is a reasonable salary to live off of

Answered By: Alfred Sanchez Date: created: Nov 01 2021

This popular general budgeting rule allocates 50% of annual income to necessities like housing, 30% to discretionary expenses like travel, and the remaining 20% to savings. The median necessary living wage across the entire US is $67,690.

Asked By: Miguel Wright Date: created: Oct 25 2021

Is 50k a year good for a single person

Answered By: Connor Diaz Date: created: Oct 27 2021

Income is, of course, another very important consideration for most people. … “As such, a $50,000 salary would be above the national median and a pretty good salary, of course, dependent on where one lives.” That’s good news for people making an annual salary of $50,000 or higher.

Asked By: Jesse Rivera Date: created: Jun 21 2021

How much money do you need to live comfortably UK 2020

Answered By: Blake Coleman Date: created: Jun 22 2021

According to the trade association, a single person will need £10,200 a year to achieve the minimum living standard, £20,200 a year for moderate, and £33,000 a year for comfortable. For couples it is £15,700, £29,100 and £47,500.

Asked By: Charles Jones Date: created: Dec 16 2021

Can you live in LA on 40000 a year

Answered By: Luke Evans Date: created: Dec 16 2021

As others have said, you can live in LA on 40k a year. Plenty of people do. It will definitely help if you move to the right area and get some friendly roommates.

Asked By: Louis Carter Date: created: Oct 01 2021

What is a good salary for a family of 4

Answered By: Gabriel Price Date: created: Oct 01 2021

Yes, a family of 4 can live on 100k per year. The average household income in the United States is approximately 73k according to the US Census Bureau. At this income level you would have to commute rather than live in the most expensive cities such as Boston, San Francisco, and Manhattan.

Asked By: Gabriel Butler Date: created: Jul 24 2021

Can I live on 2000 a month

Answered By: Brian Peterson Date: created: Jul 26 2021

Living on $2,000 a month is possible, and we were not the only ones to ever do it! Our budget isn’t nearly as tight now, but living with less taught us so much about how to live frugally and make the most of what we had.

Asked By: Howard Long Date: created: Mar 17 2022

Can a single person live on $20000 a year

Answered By: Landon Cox Date: created: Mar 18 2022

Living on less than $20,000 a year is not easy, but it is not incredibly difficult either if you take proactive steps to save. You won’t have all the toys and clothes of people in a higher tax bracket, but you can live on an income under $20,000 a year.

Asked By: Reginald Hill Date: created: Apr 13 2022

Can you live in LA on 30000 a year

Answered By: Hunter Rogers Date: created: Apr 14 2022

As a single person, it is still very possible for someone to live in California on $30-35k /yr. As a married person on single income, it may be a little more difficult. That person still has to take into account their other expenses, like if they have credit cards and loans to pay off.

Asked By: Louis Long Date: created: Feb 17 2022

What is a true living wage

Answered By: Oliver Scott Date: created: Feb 18 2022

The living wage in the United States is $16.54 per hour, or $68,808 per year, in 2019, before taxes for a family of four (two working adults, two children), compared to $16.14 in 2018. The minimum wage does not provide a living wage for most American families.

Asked By: Colin Morris Date: created: Feb 11 2022

What is considered a living wage in 2020

Answered By: Nicholas Torres Date: created: Feb 14 2022

$12.60 per hourIn 2020, the Department of Health and Human Services set the federal poverty level at $26,200 for a family of four. 5 That’s equivalent to about $12.60 per hour for a full-time worker. A living wage must at least be greater than the poverty level.

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