how much money do you need to live comfortably in la?
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Using the 50-30-20 rule for personal budgeting (50 percent of income toward necessary costs like housing and food, 30 percent for "discretionary spending" like entertainment and going out, 20 percent for savings), an Angeleno needs to make $74,371 a year to live "comfortably" in Los Angeles, a study by finance site ...
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Then 6 months worth of expenses. For you that would include about $3k in rent.. then 6 months worth of food and clothing and bills.. so maybe another $2k. Ideally about 6k I would think! I would recommend saving at least 3 months rent + 3-6 months of expenses as the bare minimum to live comfortably.
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How much money do you need to live comfortably in Mumbai? If you choose to live in suburban areas of Mumbai, you will need an average of 40k-50k/ month which will include your house rent ranging from 18k-25k for 1/2 BHK. In South Mumbai rent alone for 1RK will range from 15k-20k.
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Here's how much it costs to raise a family in Los Angeles. In Los Angeles, the cost of childcare alone can range from $7,000 to nearly $15,000 a year. Sean Pavone/Shutterstock We all know that raising a family in this country isn't cheap. According to the USDA, the average cost to raise a child is $233,610.
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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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Smashing the British money taboo, we asked more than 3,000 Londoners how much they earn, plus how much they think they would need to earn to live comfortably in the city. So, drum roll, please… the average Londoner thinks you need to earn £52,859.67 a year to live your best life in London.
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The cost of the above equates to £22,137.88. This means that before tax, and with basic bills and tax payments (note BASIC) you would need to earn somewhere in the region of £28,000-£29,000 to live a happy, comfortable life in London.
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The gap between the income needed to live comfortably and the $50,136 a year that a median earner makes in Kansas City is among the lowest in this study for both renters and homeowners. The typical homeowner is just $17,511 short what they need to live comfortably while the typical renter is $22,167 below that level.
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According to a post today on GoBankingRates, you need to make $60,195 to "live comfortably" in Portland.
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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. That's an increase of 50.8% and 30.4%, respectively, since 2016.
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You may qualify for low-income housing. If you make less than $54,250 per year in Los Angeles County, you may qualify for low-income housing. According to estimates released last month by the U.S. Department of Housing and Urban Development, the median family income in LA County is now $69,300.
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You need approximately $1,67 million to live a comfortable, decent live, in the United States of America, if you're 20 years old at the moment and if you wanted to live to 90 and wanted to follow the classic "American dream".
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Housing in France You would need around €850 to €1000 a month to live comfortably in the city centre (as a single person and excluding rental costs).
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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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Mar 23, 2018 12:02 pm PT 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.
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Generally, the costs range between $100 to $400 per square foot. Materials and building location will also determine the overall cost of building a house in Los Angeles.
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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.