Where can I live on 60000 a year?
- Detroit. Cost of living ratio: 50% Median base salary: $61,500.
- Memphis, Tenn. Cost of living ratio: 46%
- Pittsburgh. Cost of living ratio: 45%
- Cleveland. Cost of living ratio: 44%
- Indianapolis. Cost of living ratio: 43%
- St. Louis.
- Cincinnati. Cost of living ratio: 40%
- Birmingham, Ala. Cost of living ratio: 40%
Regarding this, can I live off of 60000 a year?
Affordable cities might be getting rarer, but they're not completely gone. According to a new report by GOBankingRates on the salary you need to afford living, out of the 60 largest cities in the U.S., you can live comfortably in only 13 of them earning an income of $60,000 a year or less.
Beside above, how much money do you need to live comfortably in DC? You Need About $143,000 to Live Comfortably in Washington, DC. To live comfortably in U.S. capital, you'll need to earn around $143,200 if you're paying a mortgage and $122,900 if you're renting. That's an increase of 50.8% and 30.4%, respectively, since 2016. And it's not just rent that's increased.
Also to know, is $60000 a year good?
In most parts of the US you already have access to a very good and healthy life at 60k. According to the 2008 US Census, making 60k a year is in the top 20%. I pretty much agree, especially with the idea that humans are creatures of comparison.
Is 50000 USD a good salary?
Income is, of course, another very important consideration for most people. “As such, a $50,000 salary would be above the national median and a pretty good salary, of course, dependent on where one lives." That's good news for people making an annual salary of $50,000 or higher.