12. Indiana
- Median household income/paycheck: $1,939.73
- The leftover income after covering monthly expenses: $936.57
- Percentage of leftover income: 48.28 percent
Wondering how Indiana residents are able to have more than 48 percent of their income left after covering monthly expenses? Well, the answer is quite simple: a low cost of living! So, if you want to save more money but it seems impossible to do so in your state, you should consider moving to Indiana.
Also of interest: Here’s How You Can Save $100 Or $1,000 By Barely Lifting A Finger!
11. Iowa
- Median household income/paycheck: $2,098.85
- The leftover income after covering monthly expenses: $1,013.41
- Percentage of leftover income: 48.28 percent
People who want to reduce their monthly expenses might have to get rid of life’s little pleasures, such as drinking Starbucks coffee, but if you’re an Iowa resident, you most likely don’t know what we are talking about. Iowa residents benefit from both a high median household income and a low cost of living. In fact, people here use only half of their salaries to cover monthly expenses.
