Living comfortably costs the most in these Californian cities

"In California's pricier cities, a family with two kids needs more than $400,000 per year to live comfortably, according to a recent study."

"San José ranked as the second-most expensive city, where a single adult must make nearly $160,000 and a family of four needs over $400,000."

"The study measured comfortable living using the 50/30/20 rule, indicating that half of a household's post-tax income should go to needs."

"The findings align with existing research that highlights the grim picture of housing costs across California."

Living comfortably in California's cities demands significant income, with families needing over $400,000 in certain areas. The study by SmartAsset analyzed 100 major cities, revealing San José as the second-most expensive, requiring nearly $160,000 for singles and over $400,000 for families. New York City tops the list, while Los Angeles ranks 16th. The study utilized the 50/30/20 rule and the MIT living wage calculator to assess living costs, highlighting the Bay Area's high expenses for families.

Read at Los Angeles Times