Although it might seem difficult to live comfortably on $20 an hour in some states in the United States, there are states where this is not only possible but also reasonably manageable.
A recent SmartAsset analysis revealed that in some of the cheapest U.S. states, a single individual needs an annual income of $40,000 to cover basic necessities. Now, let’s explore the top ten states where a single individual can live comfortably and make the most of their income.
West Virginia
West Virginia has the lowest cost of living. The household of a single person in this city needs a pre-tax income of $39,386 to cover basic expenses like housing, transportation, health care, taxes, and other common costs (as tracked by the MIT Living Wage calculator).
With its reasonable housing costs and low cost of living, it’s a comfortable place to live on $20 per hour. Renting a one-bedroom apartment costs an average of $650 monthly, and utilities are affordable. The city is also known for its breathtaking natural beauty, including the Appalachian Mountains and numerous state parks.
Arkansas
Arkansas is another state where you can also get more value for your money. You can live comfortably in this city with a pre-tax income of $39,724. Living expenses are minimal, especially when it comes to housing and utilities. A one-bedroom apartment usually costs about $650 monthly, and the utilities are reasonably priced.
Grocery and transportation costs are also less than the national average. Arkansas is home to several lakes, rivers, and the Ozark Mountains, among other stunning natural settings.
Oklahoma
Oklahoma is a beautiful destination for singles to live comfortably on $20 per hour because of its cheap housing expenses and accessible healthcare. With a pre-tax of $40,211, a one-bedroom apartment could possibly be rented for about $700 a month, and the utilities are cost-effective. Compared to many other states, the total cost of living is far lower in this one.
Living in Oklahoma can be both urban and rural, with thriving cities like Tulsa and Oklahoma City offering a wide range of dining and entertainment opportunities. Outdoor recreation and the state’s rich cultural legacy are additional main attractions.
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North Dakota
North Dakota’s low cost of living and affordable housing make it possible for a single individual to live comfortably on $20 per hour and $40,262 annual income which would cover all basic needs. Locations with affordable rental costs and low utility bills include Fargo and Bismarck.
The state has no grocery sales tax, a robust job market, and low unemployment rates. Hiking and fishing are two popular outdoor activities that are often free. Residents can enjoy fulfilling lives by making wise financial choices and making use of the community’s resources.
Kentucky
Kentucky is an excellent option for those making $20 per hour with an income of $40,355 to cover basic needs. One-bedroom apartments typically cost roughly $750 per month in rent, and utilities are fairly affordable. The cost of groceries and transportation is also below the national average.
Kentucky offers a rich cultural heritage, with many bourbon distilleries and popular events like the Kentucky Derby. There are many opportunities for outdoor activities because of the state’s stunning natural surroundings, which include the Appalachian Mountains and multiple state parks.
Ohio
In Ohio, a single person may meet his basic necessities with an annual income of $40,359. Ohio has a wide variety of activities and a cheap cost of living. Food prices are low and housing is reasonable in cities like Cleveland and Columbus.
The diverse economy of Ohio offers plenty of job opportunities, and its mild climate keeps utility bills low. With its rich history and vibrant cultural scene, Ohio is an excellent place to live for $20 an hour.
South Dakota
South Dakota is a great place to call home, thanks to its breathtaking natural beauty and affordable cost of living. You can meet your essential needs and live comfortably on a $40,718 annual income.
Cities with affordable housing and cheap transportation include Sioux Falls and Rapid City. The state has a good standard of living because of its robust economy and low crime rate. South Dakota has many entertainment options because of its rich history and plenty of outdoor activities.
Louisiana
A single person in Louisiana can live comfortably on $20 per hour with an annual income of about $41,233 because of the state’s low cost of living and affordable housing options. Rent and utility bills are reasonably low in cities like Lafayette and Baton Rouge.
The rich history, lively culture, and plenty of free or cheap entertainment options—such as outdoor events and festivals—all contribute to the excellent standard of living. Residents can live a comfortable and pleasurable existence by carefully managing their finances, taking advantage of the local food, and attending community events.
Mississippi
Mississippi is among the most reasonably priced states in the union regularly. With $41,361 per year, a single person can live comfortably and care for their essential needs. Living in Mississippi allows you to experience Southern charm without incurring big expenses because of the moderate climate and affordable housing rates.
Rent in places like Jackson and Gulfport is affordable, and grocery and utility costs are lower than the national average. Without breaking the bank, you can take advantage of the area’s history, culture, and slower pace of life.
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Iowa
Iowa is a great spot to reside because of its inexpensive cost of living and friendly communities. A yearly income of $41,678 can be enough to cover all of your basic needs and allow you to live comfortably.
Affordable housing and transportation are available in cities like Cedar Rapids and Des Moines. The High quality of life in Iowa is a result of Its robust economy and low crime rates. The state’s rich agricultural heritage and numerous festivals provide plenty of entertainment opportunities.
Making the Most of Your Income
Living comfortably on $20 an hour is possible if you plan carefully and make smart financial choices. You can begin by prioritizing necessities like housing, electricity, and groceries in your detailed budget so that you can keep track of your income and expenses. Cutting back on unnecessary expenses, looking into affordable neighborhoods, and Sharing housing costs can help with bills.
Additionally, you can use free entertainment options in your area and consider side gigs to supplement your income. Acquiring new skills can open up more favorable employment options for you. Making your health a priority can help you avoid long-term, expensive medical bills.
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