Heres how much money you need to make in Georgia to live comfortably in 2024

ATLANTA, Ga. — Living comfortably in Georgia in 2024 requires a salary of nearly $100,000, according to a new study.

Publish Date: Tuesday 2nd July 2024
Share 

Atlanta News

Atlanta News category interest

ATLANTA, Ga. — Living comfortably in Georgia in 2024 requires a salary of nearly $100,000, according to a new study.

[DOWNLOAD: Free WSB-TV News app for alerts as news breaks]

Smart Asset ranked all 50 states by the highest annual salary needed for a single adult to live in comfort. The company used the 50/30/20 rule, which recommends spending 50% of your budget on basic needs like food and housing, 30% on wants and 20% toward savings or paying off debt.

TRENDING STORIES:

5 GA family members die in plane crash on way home from Cooperstown baseball tournament

2 women went on a $8,000 shopping spree at Mall of Georgia. Police say they didn’t purchase anything

Atlanta pizza restaurant makes list of top 50 pizzerias in the U.S.

They then compared that to cost of living in each state based on the MIT Living Wage Calculator.

For a single, working adult, the study determined that you need to make $96,886 in Georgia to live comfortably. Two working adults raising two children will have to make $212,826 to live comfortably.

[SIGN UP: WSB-TV Daily Headlines Newsletter]

Overall, Georgia came in 15th on the list for the highest salary needed to live comfortably. Massachusetts, Hawaii and California made up the top three.

If you want to live the most comfortably, you might have to take up farming. Iowa was ranked the least expensive state to live based on your income.

IN OTHER NEWS

GA family's entire savings account wiped out in seconds by criminals

©2024 Cox Media Group

December 22, 2024

Story attribution: WSBTV.com News Staff

Share 

More from Atlanta News

Beverly Brown Obituary (2024)
Atlanta News

Beverly Brown Obituary (2024)

Commemorate a cherished Veteran with a special tribute of Taps at the National WWI Memorial in Washington, D.C.

Larry Frank Obituary (1943
Atlanta News

Larry Frank Obituary (1943

I was the chief of Anesthesia at Mesquite Community Hospital from 1978-2003.

Georgia reports unemployment rate hit 3.6% in August but still lower than US average
Atlanta News

Georgia reports unemployment rate hit 3.6% in August but still lower than US average

ATLANTA — Georgia Labor Commissioner Bruce Thompson announced Thursday that the state’s unemployment rate in August rose to 3.6%.

Georgia Today: Early voting begins; Ruling on election certification; Lowndes schools resume classes
Atlanta News

Georgia Today: Early voting begins; Ruling on election certification; Lowndes schools resume classes

Peter Biello: Welcome to the Georgia Today podcast from GPB News.

Arrest made in deadly stabbing along Lenox Road in Buckhead, APD says
Atlanta News

Arrest made in deadly stabbing along Lenox Road in Buckhead, APD says

ATLANTA — A person has been arrested after a man was stabbed to death in Atlanta on Monday, police said.

Sign up for Atlanta Post Online Newsletters

Keep in touch with everything on Atlanta Post Online. Sign up for our newsletter!
 


Stats
Elapsed time: 0.4442 seconds
Memory useage: 2.5MB
V2.geronimo