In some places, the median income is below what's needed to pay for necessities. In other spots, the average household has a decent cushion.
It's no secret that some areas of the country are more expensive to live in than others. Or that salaries, housing costs and taxes can vary.
In other words, if you want a comfortable lifestyle, you'd need income that's double the amount that goes toward basic living expenses. The costliest place, as ranked by the study, is San Francisco, where median household income is $96,265 annually. In Miami, renters pay more for the basics than homeowners, although neither group fares well, the study shows.
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