Here's the salary it takes to get beyond living 'paycheck to paycheck' in Seattle
Living in Seattle comes at a cost. Living comfortably is costlier.
An individual in the Emerald City needs to earn $57.40 per hour before taxes to meet their basic needs, wants and other aspirations, according to a new SmartAsset study released March 7.
A two-person working household with two children has to earn a combined annual salary of at least $283,712 to live comfortably in Seattle.
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SmartAsset used the latest available cost of living data from MIT for the largest 99 U.S. cities. Then, it defined comfortable living by using the costs to the “50/30/20” rule — a budgeting method that recommends that 50% of one’s salary should cover needs (housing, groceries and transportation), 30% goes toward wants (entertainment and hobbies) and 20% toward paying off debt, saving or investing.
https://www.bizjournals.com/seattle/news/2024/03/15/salary-paycheck-to-paycheck-smartasset-report.html
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