How much you really need to live comfortably in all 50 states
WSJ Editorial Page Assistant Editor James Freeman, Bankrate.com senior economic analyst Mark Hamrick and FBN's Charlie Gasparino on the state of the economy and the markets and the impact of Federal Reserve policy.
While the battle of the wages between men and women rages on --- with a new report finding, surprisingly, that some men at Google now get paid less than women -- some are now moving the salary fight stateside.
According to a new report by GoBankingRates, depending on where you live, the average median salary for that state may not cut it.
For the study, the personal finance website used data from the Bureau of Labor Statistics and the 50/30/20 budgeting rule -- which allocates 50 percent of your income to necessities, 30 percent to discretionary expenses and 20 percent to savings -- to find out what the average "living wage" is in each state.
GoBankingRates defines a "living wage" as the income you need to cover necessary and discretionary expenses while still contributing to savings.
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Here are the results.
Alabama
Annual Living Wage: $60,016
Alaska
Annual Living Wage: $91,996
Arizona
Annual Living Wage: $68,504
Arkansas
Annual Living Wage: $59,461
California
Annual Living Wage: $99,971
Colorado
Annual Living Wage: $74,215
Connecticut
Annual Living Wage: $90,278
Delaware
Annual Living Wage: $71,254
Florida
Annual Living Wage: $67,614
Georgia
Annual Living Wage: $62,074
Hawaii
Annual Living Wage: $136,437
Idaho
Annual Living Wage: $66,486
Illinois
Annual Living Wage: $66,847
Indiana
Annual Living Wage: $62,086
Iowa
Annual Living Wage: $63,397
Kansas
Annual Living Wage: $62,090
Kentucky
Annual Living Wage: $63,086
Louisiana
Annual Living Wage: $63,842
Maine
Annual Living Wage: $80,336
Maryland
Annual Living Wage: $92,227
Massachusetts
Annual Living Wage: $93,895
Michigan
Annual Living Wage: $67,712
Minnesota
Annual Living Wage: $68,944
Mississippi
Annual Living Wage: $58,321
Missouri
Annual Living Wage: $60,858
Montana
Annual Living Wage: $70,719
Nebraska
Annual Living Wage: $65,162
Nevada
Annual Living Wage: $75,902
New Hampshire
Annual Living Wage: $74,415
New Jersey
Annual Living Wage: $86,244
New Mexico
Annual Living Wage: $63,629
New York
Annual Living Wage: $95,724
North Carolina
Annual Living Wage: $64,406
North Dakota
Annual Living Wage: $69,085
Ohio
Annual Living Wage: $63,204
Oklahoma
Annual Living Wage: $60,318
Oregon
Annual Living Wage: $93,285
Pennsylvania
Annual Living Wage: $68,581
Rhode Island
Annual Living Wage: $83,942
South Carolina
Annual Living Wage: $65,953
South Dakota
Annual Living Wage: $67,657
Tennessee
Annual Living Wage: $60,682
Texas
Annual Living Wage: $63,469
Utah
Annual Living Wage: $67,807
Vermont
Annual Living Wage: $83,878
Virginia
Annual Living Wage: $69,886
Washington
Annual Living Wage: $77,207
West Virginia
Annual Living Wage: $62,635
Wisconsin
Annual Living Wage: $67,667
Wyoming
Annual Living Wage: $61,788