What is a good salary to live comfortably in Virginia?

What is a good salary to live comfortably in Virginia?

We have rankings of Virginia places, county-by-county, based on affordability (see below). The group, for instance, estimates a family of two adults and two children in the City of Alexandria would need to earn a combined $105,239 per year — or $8,770 a month — to live comfortably.

What is the average salary for someone living in Virginia?

As of May 19, 2022, the average annual pay for the Average jobs category in Virginia is $64,607 a year. Just in case you need a simple salary calculator, that works out to be approximately $31.06 an hour.

What is a good yearly salary in Virginia?

A person working in Virginia typically earns around 101,000 USD per year. Salaries range from 25,500 USD (lowest average) to 449,000 USD (highest average, actual maximum salary is higher). This is the average yearly salary including housing, transport, and other benefits.

What is a good hourly wage in Virginia?

$13.63 is the 25th percentile. Wages below this are outliers. $34.54 is the 90th percentile. Wages above this are outliers….What are Top 10 Highest Paying Cities for Hourly Rate Jobs in Virginia.

City Alexandria
Annual Salary $52,796
Monthly Pay $4,400
Weekly Pay $1,015
Hourly Wage $25.38

How much money should I be making at 30?

From ages 25-34, the median wage is $60,000 and will increase to a median wage of $90,000 by ages 45-59. Compare that with a major in the health field, which has a median wage of $53,000 at ages 25-34 and grows to a median wage of $72,000 by ages 45-59.

What is the cost of living in Richmond Virginia?

Cost Of Living In Richmond VA – Breakdown. The cost of living in Richmond, VA, is about 4.61% lower than the national average. In dollar terms, the average cost of living is about $1,736 per month (calculated from the average population of over 230 000 residents).

What is considered upper class in Virginia?

While ZipRecruiter is seeing salaries as high as $100,185 and as low as $19,548, the majority of salaries within the Upper Class jobs category currently range between $37,630 (25th percentile) to $65,487 (75th percentile) with top earners (90th percentile) making $81,126 annually in Virginia.

What is the living wage?

The living wage, as used by the Living Wage Foundation, is the hourly rate of pay calculated independently to be the minimum that a worker needs to earn to cover the basic costs of living. An employer may choose to pay it, but has no statutory obligation to do so.

How much does it cost to live in Richmond?

Richmond cost of living is 95.1

COST OF LIVING Richmond Virginia
Health 98.1 102.4
Housing 92.7 111.8
Median Home Cost $282,800 $329,200
Utilities 98.9 99.3

What is the poverty level in Richmond VA?

Table

Population
Income & Poverty
Median household income (in 2020 dollars), 2016-2020 $51,421 $76,398
Per capita income in past 12 months (in 2020 dollars), 2016-2020 $35,682 $41,255
Persons in poverty, percent  20.9%  9.2%

Is Richmond VA low cost of living?

Richmond, Virginia’s cost of living is 4% lower than the national average.

What is considered high earner?

For high earners, a three-person family needed an income between $106,827 and $373,894 to be considered upper-middle class, Rose says. Those who earn more than $373,894 are rich.

Is Richmond low cost of living?

Richmond’s housing expenses are 9% lower than the national average and the utility prices are 2% higher than the national average. Transportation expenses like bus fares and gas prices are 7% lower than the national average. Richmond has grocery prices that are 8% lower than the national average.

  • September 26, 2022