Getty Images
© 2024 Blaze Media LLC. All rights reserved.
You need how much to 'live comfortably' in each state?!
April 18, 2024
Inflation is still on the rise, and Americans across the country are struggling to stay afloat because of it.
However, there’s one thing all the states have in common where the money needed to “live comfortably” is through the roof: They’re all blue states.
“Living comfortably” is defined as the monthly income needed to cover a 50/30/20 budget, which allocates 50% of your earnings for necessities like housing and utility cost, 30% for discretionary spending, and 20% for savings or investments.
“They’re saying this is the minimum, this is what it takes to, you know, live comfortably in America,” Glenn Beck says, noting that barely anyone is capable of living like this under the current circumstances.
The top five most expensive states are all blue states. It costs $116,000 annually to “live comfortably” in Massachusetts, $113,000 in Hawaii and California, $111,000 in New York, and $106,000 in Washington.
The median income for a single, full-time worker is around $60,000, while the national median for living comfortably is $89,000.
“So there’s a shortage there,” Glenn says.
While Americans are expected to live comfortably despite ever-rising prices and losing a huge chunk of their salary to taxes, the government continues to spend in a way that will ensure this all only gets worse.
“What is the 50/30/20 number for the United States right now?” Stu asks. “It’s insanity. And we’re getting to the point very soon where just the interest on the money we’ve already spent is going to be more than our entire defense budget.”
Want more from Glenn Beck?
To enjoy more of Glenn’s masterful storytelling, thought-provoking analysis, and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution, and live the American dream.
Want to leave a tip?
We answer to you. Help keep our content free of advertisers and big tech censorship by leaving a tip today.
Want to join the conversation?
Already a subscriber?
News, opinion, and entertainment for people who love the American way of life.
BlazeTV
BlazeTV Staff
News, opinion, and entertainment for people who love the American way of life.
@BlazeTV →more stories
Sign up for the Blaze newsletter
By signing up, you agree to our Privacy Policy and Terms of Use, and agree to receive content that may sometimes include advertisements. You may opt out at any time.
© 2024 Blaze Media LLC. All rights reserved.
Get the stories that matter most delivered directly to your inbox.
By signing up, you agree to our Privacy Policy and Terms of Use, and agree to receive content that may sometimes include advertisements. You may opt out at any time.