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Tallahassee's the place to be if you want to live in Florida on a lower income. You can live comfortably there on the lowest income of any of the 20 biggest cities in Florida.
The living wage required for a single person to live comfortably in Florida can vary depending on factors such as location within the state, individual lifestyle choices and specific needs.
This is a list of U.S. states, territories, and Washington, D.C. by income. Data is given according to the 2021 American Community Survey (ACS) 1-Year Estimates, except for the American Samoa, Guam, the Northern Mariana Islands and the U.S. Virgin Islands, for which the data comes from 2010, as ACS does not operate in these areas. [note 1]
The median personal income per person, after adjusting for costs of living with local regional price parities and the national PCE price index, averaged $47,807 in 2016 (in 2012 chained dollars). Median adjusted personal income per capita varied from $39,901 in Mississippi to $61,601 in Connecticut (and $64,363 in the District of Columbia).
The standard of living in the United States is high by the standards that most economists use, and for most of the 20th century, the United States was widely recognized as having the highest standard of living in the world. Per capita income is high but also less evenly distributed than in most other developed countries; as a result, the United States fares particularly well in measures of ...
Everything may be bigger in Texas, but fortunately for residents of the state, the cost of living is not. While the average total expenditures for living costs for the U.S. as a whole is $66,928 ...
The United States spends approximately $2.3 trillion on federal and state social programs including cash assistance, health insurance, food assistance, housing subsidies, energy and utilities subsidies, and education and childcare assistance.
The cost-of-living index is generally higher in such areas, which leads to families who are "middle class" in that area having to pay the AMT, while in poorer locales with lower costs of living, only the "locally wealthy" pay the AMT.