how much do you need to make to live in austin?
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The median income in the Texas capital is $63,717 but it takes $98,007 a year to live comfortably in Austin, according to a recent study by GoBankingRates, a personal finance website. To live comfortably in Austin as a renter, it takes $94,455 — but that's still a gap of more than $30,000 from the median income.
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In other words, in L.A. it's all about good. The website Gobankingrates.com jumped in and did the math for us in their piece, “How Much Money You Need to Live Comfortably in the 50 Biggest Cities”. They calculated an annual income of $74,371 was about right for the average person to live comfortably in Los Angeles.
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Once debt and savings are tallied, you' have to make at least $3,265 a month to live comfortably in Alberta's capital city. That comes out to $39,180 a year.
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If you make $55,000 a year living in the region of Texas, USA, you will be taxed $9,482. That means that your net pay will be $45,518 per year, or $3,793 per month.
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The €50-60k per year is a minimum salary you have to consider if you want to live in Dublin, Ireland. Obviously, if you plan to live in Dublin alone. In case you are moving with the family including kids, the €50-60k most likely won't be enough.
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The authors of a new report found that a single person living in outer London would need to earn at least £21,100 a year to be able to pay rent in a shared house and live comfortably, rising to £22,300 in inner London.
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According to the site, the income needed in Phoenix is $48,876. The article considers 50 percent for necessities, 30 percent for discretionary spending and 20 percent for savings.
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In Phoenix, moving out of your parents' house requires just under $5,000 in savings, according to the study — $4,964, to be exact. The average annual cost of necessary expenses in Phoenix is $17,125. According to GoBankingRates, a pretax annual salary of $41,848 allows people to live comfortably in Phoenix.
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It is feasible to live in Las Vegas as a professional on $2,500 per month, or $30,000 per year, but it requires strict budgeting. A yearly income of $40,000 to $50,000 leaves more room for emergencies and extraneous costs, not to mention a little extra money to enjoy the city every once in a while.
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The recommended household income for a two-bedroom apartment is $65,800 a year, or $32 an hour. The “living wage,” or the minimum amount of money needed to live above the poverty threshold, in Seattle is $15.26 an hour for a full-time employed individual.
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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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The minimum wage is $7.25 in Texas – or $15,080 a year for a 40-hour workweek. A Texas household would need 2.3 minimum wage earners working 40 hours a week year-round to be able to live in a two-bedroom apartment, the study says.
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In any case, a family of four could live comfortably on a little more than $4,000 a month or approximately $48,000 per year. This would include all expenses such as mortgage and car payments, school feeds, food, utilities, and miscellaneous.
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$25.75 an hour is how much per year? If you make $50,000 a year living in the region of Texas, USA, you will be taxed $8,167. That means that your net pay will be $41,833 per year, or $3,486 per month. Your average tax rate is 16.33% and your marginal tax rate is 26.30%.
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You need to make $72,092 a year to live comfortably in Seattle. How much money does it take to live comfortably in Seattle? Well, the answer is an annual income of $72,092.
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A popular rule of thumb says your income should be around 3 times your rent. So, if you're looking for a place that costs $1,000 per month, you may need to earn at least $3,000 per month. Many apartment complexes and landlords do follow this rule, so it makes sense to focus only on rentals you're likely to qualify for.
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The group estimates a family of two adults and two children in San Francisco would need to earn a whopping $148,440 per year, or $12,370 a month, to live comfortably. Much of those costs are driven by high housing costs and taxes. Here's how the group breaks down that number: Housing: $3,121 per month.