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Monday, January 18, 2016
Hawaii Residents Most Likely to be Living Paycheck to Paycheck
By News Release @ 5:11 PM :: 6455 Views :: Hawaii Statistics, Cost of Living

10 States Most (and Least) Likely to Live Paycheck to Paycheck

All 50 States Ranked by How Likely You Are to Live Paycheck to Paycheck

From GoBankingRates, January, 2016 (excerpts)

GOBankingRates' analysis ranked all 50 states in order of most or least likely to live paycheck to paycheck. The most likely is listed first, based on the percentage of a paycheck that is leftover after paying for basic necessities. The least likely is last. See where your state ranked….

1. Hawaii

Paradise is pricey. Hawaii comes in as the No. 1 state where you’re most likely to live paycheck to paycheck — and for good reason. Despite having the third-highest median household income in the nation ($71,223), the cost of food, housing, transportation and utilities per paycheck are all highest in the Aloha State.

That breakdown results in a paltry $186 of leftover income, or less than 7 percent of each paycheck — the only state in single digits….

read … Go Banking Rates

cost of living index by state

SA: Hawaii residents more likely to be living paycheck-to-paycheck, analysis shows

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