How Much You Need to Earn to Live Alone in the 25 Largest U.S. Cities
To live independently in the 25 largest U.S. cities, a single person needs to earn around $25 per hour. This figure represents a median estimate and covers basic expenses such as housing in a studio apartment, food, health care, and transportation. The data is based on the Economic Policy Institute’s Living Wage Family Budget calculator.
A $25 per hour wage translates to an annual income of approximately $52,000, assuming a 40-hour work week. However, the cost of living varies significantly across different cities. In high-cost cities like San Francisco and Boston, you’ll need to earn more than the median figure to cover your expenses. Conversely, in more affordable cities like San Antonio and Detroit, you can manage with a slightly lower income.
Notably, in nearly half of the largest U.S. cities, the living wage required is double the local minimum wage. In many of these markets, the minimum wage is still below $15 per hour. Some cities even adhere to the federal minimum wage of $7.25 per hour, making it challenging for residents to meet their basic needs without earning substantially more.
Understanding these wage requirements is crucial for individuals planning to move to or currently living in these major urban areas, as it helps in budgeting and financial planning to maintain a decent standard of living.