How Much You Need To Make In Each State To Live Comfortably

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We all have a figure in our head when it comes to the ideal amount we'd like to be earning. For almost all of us, that figure is considerably more than we're earning right now! But as well as having a dream wage, we probably have a dream location, too.

Those two dreams may not correlate. If you're looking at your current environment and thinking that you could live very comfortably on $70K per year, you might be right. If you take that wage and move to California though, you may find that your money doesn't go all that far.

For the study, the personal finance website used data from the Bureau of Labor Statistics and the 50/30/20 budgeting rule - which allocates 50 percent of your income to necessities, 30 percent to discretionary expenses and 20 percent to savings - to find out what the average "living wage" is in each state.

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Did You Know...

I

To insure one’s house, one’s car or to underwrite a life insurance policy, that is common practice. But who would pay an insurance premium for his/her thumb, legs or smile? Stars, of course.

II

At the top of the ranking are the legs of Mariah Carey, worth 810 million USD: The diva became, in 2006, the Gillette brand muse for the advertising campaign «Legs of a Goddess». She then took out an insurance policy with London Lloyds to protect her legs, a decision that is far from being insignificant. Among its customers, the London insurer then included several icons of music, such as Bob Dylan or Rod Stewart.

III

David Beckham’s body insured for 195 million USD: European champion with Manchester United in 1999, David Beckham was in 2006 the most renowned footballer of the planet. In relation to his sporting activities, he took out an insurance cover for his legs. The huge amount paid for his insurance would reportedly exceed the 103 million USD disbursed by Real Madrid for the cover of Christiano Ronaldo in 2009. The fashion model would later extend his insurance cover to his entire body.

IV

15 million USD in insurance for Kim Kardashian’s curves: The curves of Kim Kardashian are her number one beauty asset. The reality TV star, who is crazy about plastic surgery, has underwritten an insurance policy worth 15 million USD to protect her famous butt.

V

The culinary critic Egon Ronay assured his taste buds: The famous Hungarian culinary critic has insured his taste buds since 1957, for the amount of 400 000 USD. An original insurance policy which allows him to cover his sense of taste without which he will no longer be able to practice his job.

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