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How Many of You Make Enough to "Live Comfortably "?

Posted on 4/20/24 at 3:49 pm
Posted by rintintin
Life is Life
Member since Nov 2008
16191 posts
Posted on 4/20/24 at 3:49 pm
According to this article not many.

salary-a-single-person-needs-to-live-comfortably-in-every-state

IMO the people who write these articles are so out of touch with most people who don't live in big cities in the US.

Do you really think it takes over $80k for a single person to "live comfortably" in Louisiana.
Posted by Klingler7
Houston
Member since Nov 2009
12008 posts
Posted on 4/20/24 at 3:58 pm to
I live comfortably but I am a single man with zero dependents. I am also upset that I cannot attract a beautiful woman.

I have a great job. I make very good money. I have outstanding credit but I lack companionship. I am 56 years old and I really don’t want to live alone. I thought about suicide . It would break my family’s world if I died though.
Posted by Pelican fan99
Lafayette, Louisiana
Member since Jun 2013
34805 posts
Posted on 4/20/24 at 3:58 pm to
quote:

Do you really think it takes over $80k for a single person to "live comfortably" in Louisiana.

These days absolutely. I'm a single person making six figures in Louisiana and still some months it seems like there is nothing left over

Also "living comfortably" is completely different depending on the person and their lifestyle
This post was edited on 4/20/24 at 4:01 pm
Posted by fallguy_1978
Best States #50
Member since Feb 2018
48727 posts
Posted on 4/20/24 at 3:58 pm to
What defines "living comfortably" varies widely from person to person, but they probably aren't too far off for the cities in LA. Obviously, you can live cheaper in rural areas or smaller towns.

I think a single person making 50k would struggle without roommates. We've just destroyed the value of the currency.
Posted by Dantheman504
N/A
Member since Jun 2013
3613 posts
Posted on 4/20/24 at 3:59 pm to
Must be very comfortable in North Dakota.
Posted by JackaReaux
BR
Member since Feb 2017
728 posts
Posted on 4/20/24 at 3:59 pm to
Let me look at your post history. I might have someone I can set you up with, baw
Posted by rintintin
Life is Life
Member since Nov 2008
16191 posts
Posted on 4/20/24 at 4:03 pm to
quote:

have a great job. I make very good money. I have outstanding credit but I lack companionship. I am 56 years old and I really don’t want to live alone. I thought about suicide .


Damn man, I don't know your situation but hope you're putting yourself out there. There are tons of middle aged divercees out there that need companionship (i.e., money). Go bag one.
Posted by Rize
Spring Texas
Member since Sep 2011
15830 posts
Posted on 4/20/24 at 4:06 pm to
quote:

According to this article not many. salary-a-single-person-needs-to-live-comfortably-in-every-state IMO the people who write these articles are so out of touch with most people who don't live in big cities in the US. Do you really think it takes over $80k for a single person to "live comfortably" in Louisiana.



Depends on how comfortable we are talking. Right now I wouldn’t want to be single making 80k and trying to buy a house with these interests rates.

The more I make the more I spend and it’s been that way for 20 years??. Not sure I’ll ever be 100% comfortable.
Posted by rintintin
Life is Life
Member since Nov 2008
16191 posts
Posted on 4/20/24 at 4:07 pm to
quote:

These days absolutely. I'm a single person making six figures in Louisiana and still some months it seems like there is nothing left over


Thats hard for me to believe but to each their own. Before I moved away from LA I made well below that and felt pretty comfortable. Owned a house, had enough to put in retirement, never balked at eating out, traveling and whatnot.

I know things have changed in the last few years but didn't know it was that bad.
Posted by Boudreauboudreaugoly
Land of the Rice n Son
Member since Oct 2017
1133 posts
Posted on 4/20/24 at 4:07 pm to
One person’s “comfortable” can be another person’s miserable. In general, women are much more “uncomfortable” living what I would call a “spartan” lifestyle than men are.
Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
78855 posts
Posted on 4/20/24 at 4:07 pm to
I'm about ready to share costs at this point. Will take the best serious offer.
Posted by fr33manator
Baton Rouge
Member since Oct 2010
124462 posts
Posted on 4/20/24 at 4:09 pm to
FML.
I suck
Posted by billjamin
Houston
Member since Jun 2019
12611 posts
Posted on 4/20/24 at 4:09 pm to
These data sets are really only good for understanding population economics and generating click bait articles. Applying state averages to your own life rarely works out because the cost of living swings pretty hard based on where you need to live to work and that’s where your income is generated.
Posted by Rize
Spring Texas
Member since Sep 2011
15830 posts
Posted on 4/20/24 at 4:12 pm to
quote:

I'm about ready to share costs at this point. Will take the best serious offer.


My wife and I both make pretty good money and I don’t see how people are doing it.

Car insurance up $300 month
Home insurance up $200 month
Property Tax up $100 month

To buy my current home in BR with 20% down my mortgage would be double what mine is now.
This post was edited on 4/20/24 at 4:23 pm
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
65851 posts
Posted on 4/20/24 at 4:12 pm to
quote:

Must be very comfortable in North Dakota.
Yeah, at $52K. The next lowest was Arky at $79k so I’m guessing that the North Dakota amount is a typo and possibly actually should read $82k.
Posted by rintintin
Life is Life
Member since Nov 2008
16191 posts
Posted on 4/20/24 at 4:15 pm to
quote:

These days absolutely. I'm a single person making six figures in Louisiana and still some months it seems like there is nothing left over


Thinking more about this and I'm interested. What exactly is your situation to not feel comfortable making 6 figures in LA?

Are you able to max out your retirement?

Do you come from a wealthy family so don't feel like you're living up?

Are you one of those people with an $800+ car note?

Do you eat out every night?

Just hard for me to comprehend.
This post was edited on 4/20/24 at 4:16 pm
Posted by diat150
Louisiana
Member since Jun 2005
43628 posts
Posted on 4/20/24 at 4:17 pm to
quote:

I am also upset that I cannot attract a beautiful woman.


Maybe you should look for a woman instead of a beautiful woman.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
48727 posts
Posted on 4/20/24 at 4:19 pm to
quote:

My wife and I both make pretty good money and I don’t see how people are doing it.

Car insurance up $300 month
Home insurance up $200 month
Property Tax up $100 month

To buy my current home in BR with 20% down my mortgage would be way double what mine is now.

We make decent money, but are also the beneficiaries of having owned a home for a long time that we paid way less for than we would today, and refinanced it at 2.3%.

It's been so long since I've been single I'd have to figure out what my finances would look like. I'd be fine I'm almost positive. My wife would struggle.
Posted by beerJeep
Louisiana
Member since Nov 2016
35109 posts
Posted on 4/20/24 at 4:20 pm to
quote:

What defines "living comfortably" varies widely from person to person, but they probably aren't too far off for the cities in LA. Obviously, you can live cheaper in rural areas or smaller towns


quote:

Comfortable" is defined as the monthly income needed to cover a 50/30/20 budget, which allocates 50% of your earnings for necessities like housing and utility costs, 30% for discretionary spending and 20% for savings or investments.


Yeah they must have simply looked at New Orleans or some shite.
Posted by DaBeerz
Member since Sep 2004
16973 posts
Posted on 4/20/24 at 4:23 pm to
This is the OT bruh, top 1% only
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