Categories: Featured Post

The States Where People Are Most and Least Likely to Live Paycheck to Paycheck

Photo by Novosvetlov Maksim from Shutterstock

42. Vermont

  • Median household income/paycheck: $2,157.85
  • The leftover income after covering monthly expenses: $564.95
  • Percentage of leftover income: 26.18 percent

Those who live in Vermont have a relatively high median household income. However, even though it is high, it is not enough. After covering their living costs, Vermont residents end up with less than 27 percent of their paychecks.

41. New Jersey

  • Median household income/paycheck: $2,834.69
  • The leftover income after covering monthly expenses: $751.27
  • Percentage of leftover income: 26.5 percent

Thanks to lower housing costs and a higher median household income, New Jersey residents are actually less likely to live paycheck to paycheck than their New York neighbors. However, we can’t say it’s a paradise since there are other U.S. states where people live comfortably with their salaries.

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