Discover another compelling reason to keep swiping on those dating apps. As the trend of delayed marriage or choosing to remain single continues to rise, a recent report has determined the average salary required for a single person to live comfortably in each state. Unsurprisingly, New York has made it into the top five. According to an analysis by GOBankingRates, single workers in the US need an annual income of $57,200 to achieve a living wage, slightly lower than the average income of all American workers which stands at $59,428 regardless of marital status, as reported by Forbes. To establish these baseline salaries, GoBankingRates utilized data from the Bureau of Labor Statistics to determine the minimum amount a single person would need to allocate for a 50/30/20 budget, with 50% for necessities, 30% for discretionary spending, and 20% for savings or investments. Topping the list as the most expensive state for singles is Hawaii, requiring an annual salary of $112,411 to live comfortably. Yet, sadly, the average yearly salary in the Aloha State falls short at $61,420, due to its high cost of living. Remarkably, Hawaii is the only state where a six-figure salary is necessary for a single person to get by. Massachusetts, California, New York, and Alaska complete the top five states with the highest salary needs for singles. On average, single workers need an income of $57,200 to achieve a living wage in America. Ideally, singles in Massachusetts should aim for an annual salary of $87,909, but the average worker falls short by about $11,000, with an average pay of $76,600. Similarly, unhitched employees in California should aspire to earn $80,013 a year, however, the average salary in the state sits at $73,220. New York continues to foster independence by requiring singles to make $73,226, slightly below the average salary of $74,870 calculated by Forbes. In Alaska, singlehood is also embraced. Those going solo can comfortably live with an annual salary of $71,570, more than achievable with a statewide average salary of $66,130. The high living wages in Massachusetts, California, and New York are driven primarily by the exorbitant housing costs found in Boston, Los Angeles, and New York City respectively. These cities, some of the largest in the country, are notorious for their steep living expenses, putting singles at a financial disadvantage. Other studies have further supported the notion that New York City is the most expensive place to live as a single person. This report arrives at a time when more adults are opting to marry later or remain single. As expected, Mississippi, the poorest state in the country, requires the lowest salary for singles at about $45,906 a year, which is achievable with an average salary of $45,180. The top five most expensive states for single individuals include Hawaii ($112,411), Massachusetts ($87,909), California ($80,013), New York ($73,226), and Alaska ($71,570).
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