44. Massachusetts
- Median household income/paycheck: $2,729.00
- The leftover income after covering monthly expenses: $592.09
- Percentage of leftover income: 21.70 percent
If you’re living in the Baked Bean State, you already know how big the median household income is. In fact, the state’s residents benefit from the 6th- highest median household income in the U.S. However, when we turn to Massachusetts’ high cost of living, all of the above transforms into a nightmare. Residents here have less than 22 percent of their paychecks after monthly expenses.
43. Connecticut
- Median household income/paycheck: $2,759.81
- The leftover income after covering monthly expenses: $678.38
- Percentage of leftover income: 24.58 percent
If we compare Connecticut with the U.S. states we’ve already listed, it doesn’t seem so tragic to live here. After expenses, Connecticut residents have almost 25 percent of their paychecks left. Yet, when we think about how much money goes toward living costs… yikes!
