How much does a single person need to make ends meet in every state?
It can be costly to live as a single person in the US. You would need to earn between $46,000 and more than $112,000, depending on which state you live in.
Regardless of whether you are single or not, the amount you would need to earn to make ends meet in the United States can vary significantly based on various factors, including location, lifestyle, and individual preferences.
The cost of living also varies widely across different states and cities, with urban areas generally having higher living expenses compared to rural areas. However, single people face certain challenges that are born of their civil status.
Single households pay the price
One of the disadvantages of being in a one-person household is not being able to avail of tax breaks that married people are entitled to.
READ ALSO: Social Security: When will the 2024 COLA increase be announced?
READ ALSO: The 10 drugs Medicare can negotiate for are revealed
Single people also usually spend much more on housing each year as compared to their married or coupled-up counterparts.
According to a study by personal finance site GoBankingRates, singles would need to earn $112,411 to get by in Hawaii, which is the highest number in the country. The living wage in this state is more than twice what most single people make, as Bureau of Labor figures show that the median income for single full-time workers is $57,200.
Following the Aloha State as the priciest for one-person households are Massachusetts, California, New York, and Alaska.
Cheapest states for singles
The lowest living wage for single workers can be found in Mississippi, where it sits at $45,906. Coming on the heels of the Magnolia State as the least expensive places for single workers are Oklahoma, Alabama, Arkansas, and Kentucky.
Here are the living wages per state for single people, ranked lowest to highest, according to GoBankingRates.