how much do you need to make to live comfortably in tennessee?
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For average residents, the cost of living has skyrocketed since last year by nearly 15 percent. In 2017, GoBankingRates.com estimated that residents should earn at least $70,150 annually.
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There is a sort of perfect 'happiness' salary But more recently, a 2018 study from Purdue University used much wider data from the Gallup World Poll and found that the ideal income point for individuals is $95,000 for life satisfaction and $60,000 to $75,000 for emotional well-being.
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California is expensive. Renting a place & live comfortably, you need to earn at least about $100,000.
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How much you will need to spend to live comfortably in the US will depend on your personal circumstances and where you live. The range is probably somewhere between $40,000 and $60,000 per year for a small family.
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You need to make $80,273 per year to live 'comfortably' in D.C., report says. The good news: It's still not as tough to make ends meet in D.C. as in San Francisco, New York or San Jose, according to a new study. However, you will still need to earn $80,273 per year to live “comfortably” in our nation's capital.
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The group estimates a family of two adults and two children in the Tampa/St. Pete area would need to earn a combined $ 77,064 per year — or $ 6,422 a month — to live comfortably.
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You Need About $143,000 to Live Comfortably in Washington, DC. To live comfortably in U.S. capital, you'll need to earn around $143,200 if you're paying a mortgage and $122,900 if you're renting.
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Life isn't cheap, but if you're living in some Aussie cities, you're paying a lot less than others. In fact, if you're renting in Sydney, you're looking at an average $3,671 a month to live comfortably, compared to Hobart, where you can get by on $2,364 a month, research from Finder has revealed.
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If you follow the 50-30-20 budgeting rule to the T, listen closely: You need to earn just under $60,000 a year to live comfortably in Philadelphia. That's according to a new analysis by Go Banking Rate, which found that you need to make exactly $59,384 to be able to live in Philadelphia.
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The group estimates a family of two adults and two children in Boulder County would need to earn a combined $$101,584 per year — or $8,465 a month — to live comfortably.
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Total: $2,524.50 per month. That's $30,294 per year after taxes, which means that to live a reasonably comfortable life in New York City, a single person would need to make a salary of roughly $40,000 per year. This is a comfortable (though far from indulgent) budget.
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According to the study, the effective real-estate tax rate in Tennessee is 0.75 percent. For a home priced at the median home value nationwide ($176,000), such a homeowner in Tennessee pays $1,314 in annual taxes. For the median home value in Tennessee ($139,900), a homeowner pays $1,046 in annual taxes.
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In San Antonio, the magic number to live comfortably is $46,238. In this scenario, $23,119 is required to pay yearly living expenses, leaving $15,967 for fun money and $9,248 for savings. By GoBankingRate's calculations, San Antonians are right on target.
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Tennessee Employee Salaries 2017-2019. The average employee salary for the State of Tennessee in 2019 was $50,016. This is 21.4 percent lower than the national average for government employees and 15.0 percent lower than other states. There are 83,030 payroll records for Tennessee.
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The good news is Memphis has a low cost of living so buying goods and services is cheaper here than in the rest of Tennessee and the United States as a whole. The cost of living index is 16 percent less than the national average, and 6 percent less than the state average with housing coming in most affordable.
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You'll need a staggering six-figure income to live comfortably in Los Angeles: at least $136,207 if you're paying rent or $150,391 if you own a house. The salary needed to live comfortably in Los Angeles has risen by more than $25,000 in the past year, due to rising annual costs of transportation and utilities.
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To qualify for UI benefits in Tennessee, individuals have to earn more than $783 in two separate calendar quarters. earnings uses on UI applications. These earnings must be earned in a “base period year” which is the first four of the last 5 completed quarters.