The minimum salary required to meet financial needs in every U.S. state.

The minimum salary required to meet financial needs in every U.S. state.
The minimum salary required to meet financial needs in every U.S. state.

To get by in most states, you'll need to earn approximately $45,000 annually if you're considering living independently.

According to a new analysis by SmartAsset, the median income required to cover basic expenses, including housing, transportation, health care, taxes, and other common expenses, as calculated by the MIT Living Wage calculator, is roughly the same.

The amount of money required to meet basic needs can vary greatly depending on the location, primarily due to differences in housing costs and taxes. For instance, in states like Massachusetts, California, and Hawaii, housing expenses are significantly higher than in states with the lowest basic cost of living.

Five states where single individuals require the highest income to meet basic expenses.

  1. Massachusetts: $58,009
  2. Hawaii: $56,841
  3. California: $56,825
  4. New York: $55,878
  5. Washington: $53,242

The calculations only take into account the expenses required for basic necessities and do not include any discretionary spending such as travel or entertainment, or investment contributions.

To earn the minimum annual income needed to get by in Massachusetts, you would need to make $28 per hour for 40 hours a week, while in West Virginia, you would only need to earn $19 per hour to achieve the same goal with an annual income of $39,386.

In many states, the minimum wage is only $7.25 per hour, which is less than what people need to get by. To cover basic expenses, minimum wage workers often rely on tips or cut costs in other ways. Even in states where the minimum wage is higher, it is often not enough to meet the estimated living wage.

Every U.S. state has a minimum income requirement for a single person to survive.

Alabama

  • Annual living wage for a single person: $41,911

Alaska

  • Annual living wage for a single person: $48,375

Arizona

  • Annual living wage for a single person: $48,677

Arkansas

  • Annual living wage for a single person: $39,724

California

  • Annual living wage for a single person: $56,825

Colorado

  • Annual living wage for a single person: $51,644

Connecticut

  • Annual living wage for a single person: $50,194

Delaware

  • Annual living wage for a single person: $47,064

Florida

  • Annual living wage for a single person: $46,645

Georgia

  • Annual living wage for a single person: $48,448

Hawaii

  • Annual living wage for a single person: $56,841

Idaho

  • Annual living wage for a single person: $44,366

Illinois

  • Annual living wage for a single person: $47,559

Indiana

  • Annual living wage for a single person: $42,510

Iowa

  • Annual living wage for a single person: $41,678

Kansas

  • Annual living wage for a single person: $42,337

Kentucky

  • Annual living wage for a single person: $40,355

Louisiana

  • Annual living wage for a single person: $41,233

Maine

  • Annual living wage for a single person: $45,844

Maryland

  • Annual living wage for a single person: $51,460

Massachusetts

  • Annual living wage for a single person: $58,009

Michigan

  • Annual living wage for a single person: $42,187

Minnesota

  • Annual living wage for a single person: $44,626

Mississippi

  • Annual living wage for a single person: $41,361

Missouri

  • Annual living wage for a single person: $42,024

Montana

  • Annual living wage for a single person: $42,374

Nebraska

  • Annual living wage for a single person: $41,849

Nevada

  • Annual living wage for a single person: $46,727

New Hampshire

  • Annual living wage for a single person: $49,045

New Jersey

  • Annual living wage for a single person: $51,504

New Mexico

  • Annual living wage for a single person: $41,807

New York

  • Annual living wage for a single person: $55,878

North Carolina

  • Annual living wage for a single person: $44,848

North Dakota

  • Annual living wage for a single person: $40,262

Ohio

  • Annual living wage for a single person: $40,359

Oklahoma

  • Annual living wage for a single person: $40,211

Oregon

  • Annual living wage for a single person: $50,553

Pennsylvania

  • Annual living wage for a single person: $45,661

Rhode Island

  • Annual living wage for a single person: $50,418

South Carolina

  • Annual living wage for a single person: $44,152

South Dakota

  • Annual living wage for a single person: $40,718

Tennessee

  • Annual living wage for a single person: $43,196

Texas

  • Annual living wage for a single person: $43,508

Utah

  • Annual living wage for a single person: $46,850

Vermont

  • Annual living wage for a single person: $47,892

Virginia

  • Annual living wage for a single person: $49,973

Washington

  • Annual living wage for a single person: $53,242

West Virginia

  • Annual living wage for a single person: $39,386

Wisconsin

  • Annual living wage for a single person: $42,062

Wyoming

  • Annual living wage for a single person: $43,823

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