Cost of Living for a Family of 6

Michael B. Sauter

Equally of 2018, x.iii% of Americans in families lived in poverty. Simply this national figure is only a very rough representation of the actual financial state of affairs of families of dissimilar sizes and in different parts of the land.

Nationwide, two families could earn the same income every twelvemonth, simply depending on the land in which they live, ane could live relatively comfortably, while the other could be struggling or relying on social assistance to afford a bones standard of living.

24/vii Wall St. reviewed price of living estimates from fiscal remember tank the Economic Policy Institute's Family Budget Calculator. The estimates are of the costs needed for a family of ii (2 adults and no children) to lead a "modest yet adequate standard of living." These costs include all of the basic necessities for a decent life, including housing, food, transportation, health intendance, and other necessities, as well as taxes. The income required varies from merely under $43,000 in one state to over $66,000 in another. This is much higher than the Demography Agency's official poverty threshold for a household with two people – $sixteen,247.

Poor children in the Usa:Here's how many kids live in poverty in your state

Who owns the well-nigh land in America?:Jeff Bezos and John Malone are among them

Information technology is of import to annotation that this effigy is meant to represent the cost for a family unit of measurement with two adults and no children. For families with children, the EPI's estimated almanac family budget is tens of thousands of dollars higher in every state.

Not only do ten.3% of Americans in families fail to meet the much lower poverty threshold than the EPI's cost approximate, but many live in even worse fiscal weather condition. Nationwide, 3.seven% of all families accept incomes of less than $ten,000. And in some states well more than 5% of families have such low incomes.

At a more local level, costs can be even college, with the costs to come across a basic standard of living for a family of two in some metro areas exceeding $xc,000, and for a family of four well above $130,000. While cities and counties with higher costs of living tend to exist concentrated in states with mostly higher costs of living, they tin be found all beyond the land.

1. Alabama

• Annual cost of living (family of 2): $48,005 (19th everyman)

• Annual housing costs (family of 2): $seven,476 (10th lowest)

• Annual food costs (family of two): $v,885 (25th lowest)

• Median family income: $63,837 (7th everyman)

• Families earning less than $10,000: 5.1% (6th highest)

2. Alaska

• Annual cost of living (family unit of 2): $64,342 (2d highest)

• Annual housing costs (family unit of 2): $11,826 (tenth highest)

• Annual food costs (family unit of 2): $five,373 (3rd lowest)

• Median family unit income: $89,847 (7th highest)

• Families earning less than $ten,000: ii.9% (21st lowest)

3. Arizona

• Almanac price of living (family of 2): $52,069 (16th highest)

• Annual housing costs (family of 2): $9,115 (25th highest)

• Annual food costs (family of 2): $5,652 (17th everyman)

• Median family income: $69,981 (16th lowest)

• Families earning less than $10,000: 3.9% (17th highest)

4. Arkansas

• Almanac cost of living (family unit of 2): $42,991 (the lowest)

• Annual housing costs (family of 2): $6,751 (the everyman)

• Almanac food costs (family unit of 2): $5,479 (9th lowest)

• Median family income: $58,080 (3rd everyman)

• Families earning less than $10,000: iv.4% (10th highest)

5. California

• Annual price of living (family unit of 2): $59,349 (4th highest)

• Annual housing costs (family unit of 2): $15,474 (2nd highest)

• Annual food costs (family unit of ii): $6,359 (7th highest)

• Median family unit income: $86,165 (13th highest)

• Families earning less than $10,000: iii.four% (24th highest)

6. Colorado

• Annual cost of living (family of ii): $54,205 (twelfth highest)

• Annual housing costs (family of ii): $11,919 (ninth highest)

• Almanac food costs (family unit of ii): $6,109 (16th highest)

• Median family income: $88,955 (9th highest)

• Families earning less than $x,000: 2.6% (tenth lowest)

7. Connecticut

• Annual cost of living (family of two): $57,696 (6th highest)

• Almanac housing costs (family of 2): $13,135 (7th highest)

• Annual nutrient costs (family of 2): $6,375 (sixth highest)

• Median family unit income: $98,100 (fourth highest)

• Families earning less than $10,000: ii.6% (tenth lowest)

eight. Delaware

• Annual price of living (family of two): $54,345 (11th highest)

• Annual housing costs (family of 2): $ten,697 (16th highest)

• Almanac nutrient costs (family of 2): $six,116 (15th highest)

• Median family income: $79,386 (19th highest)

• Families earning less than $10,000: 3% (22nd lowest)

9. Florida

• Annual cost of living (family of ii): $49,914 (24th highest)

• Annual housing costs (family of 2): $10,594 (17th highest)

• Annual food costs (family of ii): $6,253 (11th highest)

• Median family income: $66,995 (12th lowest)

• Families earning less than $10,000: 3.8% (18th highest)

x. Georgia

• Almanac price of living (family of ii): $50,437 (22nd highest)

• Annual housing costs (family unit of 2): $9,369 (22nd highest)

• Annual food costs (family of 2): $5,786 (22nd lowest)

• Median family income: $71,457 (18th everyman)

• Families earning less than $10,000: 4.5% (8th highest)

11. Hawaii

• Annual toll of living (family of 2): $66,352 (the highest)

• Annual housing costs (family unit of ii): $15,926 (the highest)

• Annual nutrient costs (family of 2): $8,458 (the highest)

• Median family income: $95,448 (5th highest)

• Families earning less than $10,000: two.7% (13th lowest)

12. Idaho

• Annual cost of living (family unit of 2): $46,179 (9th everyman)

• Annual housing costs (family of 2): $7,413 (7th everyman)

• Almanac food costs (family of 2): $5,889 (25th highest)

• Median family income: $65,987 (11th lowest)

• Families earning less than $10,000: 2.8% (18th everyman)

xiii. Illinois

• Annual cost of living (family of two): $51,039 (19th highest)

• Annual housing costs (family of ii): $10,564 (18th highest)

• Almanac food costs (family unit of 2): $5,506 (11th lowest)

• Median family income: $81,313 (17th highest)

• Families earning less than $ten,000: 3.iii% (25th highest)

14. Indiana

• Annual price of living (family of 2): $44,878 (5th everyman)

• Annual housing costs (family of 2): $7,771 (14th everyman)

• Annual nutrient costs (family of 2): $5,266 (the lowest)

• Median family income: $70,150 (17th lowest)

• Families earning less than $x,000: 3.8% (18th highest)

15. Iowa

• Annual cost of living (family of 2): $46,541 (11th everyman)

• Almanac housing costs (family of 2): $seven,196 (fifth lowest)

• Annual food costs (family of ii): $five,399 (fifth lowest)

• Median family income: $76,068 (24th highest)

• Families earning less than $10,000: 2.7% (13th lowest)

sixteen. Kansas

• Annual cost of living (family unit of 2): $47,280 (15th lowest)

• Annual housing costs (family of 2): $seven,724 (13th lowest)

• Annual food costs (family of 2): $v,750 (21st lowest)

• Median family unit income: $74,042 (25th lowest)

• Families earning less than $10,000: 2.8% (18th lowest)

17. Kentucky

• Annual cost of living (family of 2): $43,661 (quaternary lowest)

• Almanac housing costs (family of 2): $6,986 (2nd lowest)

• Annual nutrient costs (family of two): $5,375 (fourth lowest)

• Median family unit income: $62,228 (sixth everyman)

• Families earning less than $10,000: 5.5% (5th highest)

18. Louisiana

• Annual cost of living (family of two): $48,181 (20th lowest)

• Almanac housing costs (family of two): $viii,487 (24th everyman)

• Annual food costs (family of two): $5,717 (20th lowest)

• Median family unit income: $61,847 (5th lowest)

• Families earning less than $10,000: 5.6% (3rd highest)

xix. Maine

• Annual cost of living (family of 2): $52,710 (15th highest)

• Almanac housing costs (family of 2): $nine,748 (19th highest)

• Annual nutrient costs (family of two): $six,698 (third highest)

• Median family unit income: $72,390 (24th everyman)

• Families earning less than $10,000: 3.ane% (23rd lowest)

20. Maryland

• Almanac price of living (family of 2): $56,552 (seventh highest)

• Annual housing costs (family of 2): $14,304 (fourth highest)

• Annual food costs (family of two): $6,127 (14th highest)

• Median family unit income: $101,437 (2nd highest)

• Families earning less than $10,000: two.5% (7th everyman)

21. Massachusetts

• Annual toll of living (family unit of 2): $55,734 (10th highest)

• Annual housing costs (family of ii): $13,579 (6th highest)

• Annual food costs (family of two): $six,498 (4th highest)

• Median family income: $101,548 (the highest)

• Families earning less than $ten,000: ii.7% (13th lowest)

22. Michigan

• Almanac cost of living (family of ii): $45,145 (sixth lowest)

• Almanac housing costs (family of two): $viii,170 (21st lowest)

• Almanac nutrient costs (family unit of 2): $v,548 (13th lowest)

• Median family income: $72,036 (22nd lowest)

• Families earning less than $x,000: four% (13th highest)

23. Minnesota

• Annual price of living (family of 2): $51,051 (18th highest)

• Annual housing costs (family of 2): $ix,201 (24th highest)

• Almanac food costs (family of two): $5,913 (22nd highest)

• Median family unit income: $89,039 (eighth highest)

• Families earning less than $10,000: 2.1% (the everyman)

24. Mississippi

• Annual cost of living (family of 2): $46,141 (8th lowest)

• Annual housing costs (family of 2): $seven,464 (9th lowest)

• Annual food costs (family of ii): $5,871 (24th everyman)

• Median family income: $57,380 (the everyman)

• Families earning less than $10,000: 6.5% (the highest)

25. Missouri

• Annual cost of living (family unit of 2): $46,603 (twelfth everyman)

• Annual housing costs (family of 2): $7,563 (11th lowest)

• Annual nutrient costs (family unit of 2): $v,501 (10th lowest)

• Median family income: $69,188 (15th lowest)

• Families earning less than $x,000: 3.5% (20th highest)

26. Montana

• Annual cost of living (family unit of 2): $49,867 (25th highest)

• Almanac housing costs (family of 2): $7,836 (15th lowest)

• Annual food costs (family of 2): $five,827 (23rd lowest)

• Median family income: $68,940 (14th lowest)

• Families earning less than $ten,000: 2.9% (21st lowest)

27. Nebraska

• Annual cost of living (family of 2): $49,254 (24th lowest)

• Almanac housing costs (family unit of 2): $7,651 (12th lowest)

• Annual food costs (family unit of 2): $v,546 (12th everyman)

• Median family income: $75,990 (25th highest)

• Families earning less than $10,000: 2.5% (seventh lowest)

28. Nevada

• Annual cost of living (family of ii): $45,891 (7th lowest)

• Annual housing costs (family of ii): $9,237 (23rd highest)

• Annual food costs (family of 2): $5,941 (20th highest)

• Median family income: $71,864 (19th lowest)

• Families earning less than $10,000: three.5% (20th highest)

29. New Hampshire

• Almanac cost of living (family unit of ii): $l,717 (21st highest)

• Annual housing costs (family of 2): $xi,177 (12th highest)

• Annual nutrient costs (family of 2): $6,329 (8th highest)

• Median family income: $93,930 (sixth highest)

• Families earning less than $ten,000: 2.2% (2nd everyman)

thirty. New Bailiwick of jersey

• Annual toll of living (family of 2): $56,496 (eighth highest)

• Almanac housing costs (family of 2): $14,076 (5th highest)

• Annual food costs (family of two): $6,293 (9th highest)

• Median family income: $101,404 (3rd highest)

• Families earning less than $10,000: two.viii% (18th everyman)

31. New Mexico

• Annual cost of living (family of two): $43,372 (3rd everyman)

• Annual housing costs (family of two): $viii,067 (20th lowest)

• Annual food costs (family unit of 2): $5,651 (16th everyman)

• Median family income: $58,760 (4th lowest)

• Families earning less than $10,000: 6.4% (2nd highest)

32. New York

• Almanac cost of living (family of 2): $59,420 (3rd highest)

• Annual housing costs (family unit of 2): $15,062 (third highest)

• Annual nutrient costs (family of 2): $six,488 (fifth highest)

• Median family unit income: $83,311 (15th highest)

• Families earning less than $x,000: 4% (13th highest)

33. North Carolina

• Almanac cost of living (family of 2): $52,857 (14th highest)

• Annual housing costs (family of two): $8,417 (22nd lowest)

• Annual food costs (family of 2): $5,688 (19th everyman)

• Median family income: $67,816 (13th everyman)

• Families earning less than $10,000: 4% (13th highest)

34. North Dakota

• Annual cost of living (family of 2): $46,439 (10th lowest)

• Almanac housing costs (family of two): $7,977 (17th everyman)

• Annual food costs (family of two): $5,923 (21st highest)

• Median family income: $86,205 (12th highest)

• Families earning less than $10,000: 2.4% (4th lowest)

35. Ohio

• Almanac cost of living (family of 2): $43,359 (2nd lowest)

• Annual housing costs (family unit of 2): $vii,409 (sixth lowest)

• Almanac nutrient costs (family of ii): $5,473 (eighth everyman)

• Median family income: $72,028 (21st lowest)

• Families earning less than $10,000: iv% (13th highest)

36. Oklahoma

• Annual toll of living (family of 2): $48,265 (21st lowest)

• Annual housing costs (family of ii): $7,453 (8th lowest)

• Annual food costs (family of 2): $5,672 (18th lowest)

• Median family income: $64,082 (8th lowest)

• Families earning less than $10,000: iv.6% (7th highest)

37. Oregon

• Annual cost of living (family unit of 2): $52,949 (13th highest)

• Annual housing costs (family of 2): $10,746 (15th highest)

• Annual food costs (family unit of 2): $half dozen,012 (18th highest)

• Median family income: $77,655 (21st highest)

• Families earning less than $10,000: 3.two% (24th lowest)

38. Pennsylvania

• Annual price of living (family of 2): $fifty,409 (23rd highest)

• Annual housing costs (family of ii): $9,559 (21st highest)

• Almanac food costs (family of 2): $5,909 (23rd highest)

• Median family income: $77,491 (22nd highest)

• Families earning less than $10,000: iii.v% (20th highest)

39. Rhode Isle

• Annual cost of living (family of ii): $48,983 (23rd lowest)

• Annual housing costs (family of 2): $x,887 (14th highest)

• Annual food costs (family of 2): $6,259 (10th highest)

• Median family income: $84,212 (14th highest)

• Families earning less than $10,000: 3.five% (20th highest)

xl. Southward Carolina

• Annual cost of living (family of two): $49,466 (25th lowest)

• Annual housing costs (family unit of ii): $8,442 (23rd lowest)

• Annual food costs (family of 2): $5,647 (15th lowest)

• Median family unit income: $65,742 (10th everyman)

• Families earning less than $x,000: 4.3% (11th highest)

41. Due south Dakota

• Annual cost of living (family of two): $47,393 (17th everyman)

• Almanac housing costs (family of 2): $vii,057 (3rd lowest)

• Almanac nutrient costs (family of 2): $5,965 (19th highest)

• Median family income: $72,183 (23rd lowest)

• Families earning less than $10,000: 3.3% (25th highest)

42. Tennessee

• Annual cost of living (family of 2): $47,398 (18th lowest)

• Annual housing costs (family of 2): $seven,927 (16th lowest)

• Annual nutrient costs (family of 2): $5,892 (24th highest)

• Median family income: $65,656 (9th lowest)

• Families earning less than $10,000: four.five% (8th highest)

43. Texas

• Annual cost of living (family of two): $46,717 (13th lowest)

• Annual housing costs (family of 2): $9,649 (20th highest)

• Almanac food costs (family of 2): $5,311 (2nd everyman)

• Median family unit income: $71,868 (20th lowest)

• Families earning less than $10,000: 4.two% (12th highest)

44. Utah

• Annual cost of living (family unit of 2): $47,333 (16th lowest)

• Annual housing costs (family of 2): $8,899 (25th everyman)

• Annual food costs (family of 2): $5,585 (14th everyman)

• Median family income: $81,599 (16th highest)

• Families earning less than $ten,000: 2.iii% (3rd lowest)

45. Vermont

• Annual cost of living (family of 2): $58,372 (5th highest)

• Annual housing costs (family of ii): $ten,941 (13th highest)

• Annual food costs (family of ii): $7,031 (2nd highest)

• Median family income: $80,452 (18th highest)

• Families earning less than $10,000: 2.nine% (21st lowest)

46. Virginia

• Almanac cost of living (family of 2): $55,993 (ninth highest)

• Annual housing costs (family unit of 2): $12,865 (8th highest)

• Annual food costs (family unit of 2): $half-dozen,186 (twelfth highest)

• Median family unit income: $88,929 (10th highest)

• Families earning less than $x,000: 2.viii% (18th lowest)

47. Washington

• Annual cost of living (family of two): $50,797 (20th highest)

• Almanac housing costs (family of 2): $11,632 (11th highest)

• Annual food costs (family of ii): $6,167 (13th highest)

• Median family income: $87,652 (11th highest)

• Families earning less than $10,000: 2.5% (seventh everyman)

48. West Virginia

• Annual price of living (family of 2): $48,704 (22nd everyman)

• Annual housing costs (family unit of ii): $7,157 (fourth lowest)

• Annual food costs (family of 2): $5,431 (sixth lowest)

• Median family unit income: $57,718 (second lowest)

• Families earning less than $10,000: 5.half dozen% (3rd highest)

49. Wisconsin

• Annual price of living (family unit of 2): $46,795 (14th everyman)

• Annual housing costs (family of ii): $8,024 (19th lowest)

• Annual food costs (family of 2): $5,457 (7th lowest)

• Median family unit income: $76,814 (23rd highest)

• Families earning less than $10,000: two.6% (tenth lowest)

fifty. Wyoming

• Annual cost of living (family of 2): $51,341 (17th highest)

• Annual housing costs (family of ii): $8,017 (18th lowest)

• Almanac nutrient costs (family of 2): $6,028 (17th highest)

• Median family unit income: $78,352 (20th highest)

• Families earning less than $ten,000: ii.viii% (18th lowest)

Methodology

To determine the income it takes for a family meet basic needs in every state, 24/7 Wall St. reviewed March 2018 data on the yearly income a two-parent, no children family unit needs in order to maintain a modest yet acceptable standard of living from the Economic Policy Institute's Family Budget Calculator. Income estimates account for expenses related to housing, food, transportation, wellness care, taxes, and other necessities, and were aggregated from the county to the state level.

Data on median family income and the percentage of families earning $10,000 or less came from the U.S. Census Agency's 2018 American Community Survey. All information are for the nigh contempo year available.

24/seven Wall Street is a United states TODAY content partner offering financial news and commentary. Its content is produced independently of USA TODAY.

steinkewerelf1974.blogspot.com

Source: https://www.usatoday.com/story/money/2019/12/03/the-income-a-family-really-needs-to-avoid-poverty-in-every-state/40706227/