Report says $80,013 living wage is required to live in California

Published on

CALIFORNIA – A GoBankingRates report, published last month, says Californians need to earn $80,013 to live in the state.

“Because the cost of goods has increased so much, the living wage needed for a single person has also risen across the country. But how much you need to live varies dramatically by state,” said the GoBankingRates report.

Hawaii ($112,411) and Massachusetts ($87,909) took the top two spots with California coming in third for the highest living wages required to reside in a state.

Mississippi came in number one for the lowest living wage needed – $45,906.

Do the jobs with the most openings provide a sufficient living wage?

The California Employment Development Department (EDD) lists 10 occupations with the most job openings, however, none of the salaries are close to the required living wage for California.

Photo credit: CA Employment Development Department

RELATED: Survey finds 88% of adults in Inland Empire are concerned about lack of well-paying jobs

Office clerks earning $39,826 and cooks earning $38,906 come in the first and second highest earners for most job openings. The average salary for these jobs is $16.90 an hour.

In order for California workers to earn the GoBankingRates estimated living wage, a salary of $38.46 an hour is required.

To read the full GoBankingRates report click here

spot_img

Latest articles

California to award up to $200,000 grants to nonprofits for financial education

CALIFORNIA — The California Department of Financial Protection and Innovation (DFPI), through its CalMoneySmart...

Public servants and military families can get up to $24,000 in down-payment aid and $9,000 grants

CALIFORNIA — As housing costs continue to rise across the state, new and expanded...

California couple charged with $100 Million fraud

CALIFORNIA – The U.S. Department of Justice (DOJ) announced January 21 that a California...

California fines crypto lending platform $500,000 in penalties

CALIFORNIA – The California Department of Financial Protection and Innovation (DFPI) announced on January...

More like this

California to award up to $200,000 grants to nonprofits for financial education

CALIFORNIA — The California Department of Financial Protection and Innovation (DFPI), through its CalMoneySmart...

Public servants and military families can get up to $24,000 in down-payment aid and $9,000 grants

CALIFORNIA — As housing costs continue to rise across the state, new and expanded...

Police, firefighters can access up to $24,000 in down payment assistance, $9,000 in grants

CALIFORNIA — Expanded grant and down-payment assistance programs are being rolled out to support...