Here’s how much money you need to make to live comfortably on your own in Atlanta
ATLANTA - Atlanta might be the fourth-best city for singles and the fourth-loneliest city in America, but it ranks towards the bottom of U.S. cities when it comes to how much money singles need to make to live comfortably.
Nearly 47% of U.S. adults are unmarried, according to the U.S. Census Bureau, but those single people will need to make more money than 78 other metropolitan areas to do it.
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Being single during inflation
Many Americans are feeling frustrated with the high price of goods. It can be even harder for single-income households.
A new study by SmartAsset revealed just how much a single person needs to make to live comfortably in 99 different metropolitan areas.
The study analyzed the salary a single adult needs to afford a cozy lifestyle within some of the largest U.S. cities based on the 50/30/20 budget rule – allocating 50% of your salary to your needs, 30% to your wants and 20% to savings or paying off debts.
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Here's how much money you need to make to live by yourself comfortably in Atlanta:
- Hourly wage needed: $51.66
- Salary needed for a single adult: $107,452.80
- Total salary needed for two working adults with two children: $230,880
Top 5 cities with the lowest salaries needed to live comfortably
1. Houston, Texas
- Hourly wage needed for a single adult: $36.10
- Annual salary needed for a single adult to live comfortably: $75,088
- Total salary needed for two working adults with two children: $175,219
2. El Paso, Texas
- Hourly wage needed for a single adult: $36.18
- Annual salary needed for a single adult to live comfortably: $75,254
- Total salary needed for two working adults with two children: $180,461
3. Lubbock, Texas
- Hourly wage needed for a single adult: $36.24
- Annual salary needed for a single adult to live comfortably: $75,379
- Total salary needed for two working adults with two children: $181,043
4. Toledo, Ohio
- Hourly wage needed for a single adult: $37.26
- Annual salary needed for a single adult to live comfortably: $77,501
- Total salary needed for two working adults with two children: $208,416
5. Laredo, Texas
- Hourly wage needed for a single adult: $37.72
- Annual salary needed for a single adult to live comfortably: $78,458
- Total salary needed for two working adults with two children: $179,046
Top 5 cities with the highest salaries needed to live comfortably
1. New York City, New York
- Hourly wage needed for a single adult: $66.62
- Annual salary needed for a single adult to live comfortably: $138,570
- Total salary needed for two working adults with two children: $318,406
2. San Jose, California
- Hourly wage needed for a single adult: $65.74
- Annual salary needed for a single adult to live comfortably: $136,739
- Total salary needed for two working adults with two children: $334,547
3. Irvine, California
- Hourly wage needed for a single adult: $60.96
- Annual salary needed for a single adult to live comfortably: $126,797
- Total salary needed for two working adults with two children: $291,450
4. Santa Ana, California
- Hourly wage needed for a single adult: $60.96
- Annual salary needed for a single adult to live comfortably: $126,797
- Total salary needed for two working adults with two children: $291,450
5. Boston, Massachusetts
- Hourly wage needed for a single adult: $60.08
- Annual salary needed for a single adult to live comfortably: $124,966
- Total salary needed for two working adults with two children: $319,738
FOX 5 DC contributed to this report.