"Minimum Comfortable Incomes in Major U.S. Cities Revealed"

1 min read
Source: Orlando Sentinel
"Minimum Comfortable Incomes in Major U.S. Cities Revealed"
Photo: Orlando Sentinel
TL;DR Summary

A study by SmartAsset.com found that an individual in Orlando needs $100,298 a year to live comfortably, taking into account 50% for necessities, 20% for savings, and 30% for entertainment. This figure is higher than the national average due to the skyrocketing cost of living in Orlando. With the median wage in Orlando at $39,020 and the median household income around $65,000, the majority of full-time workers in Central Florida do not earn enough to make ends meet. The disparity between salaries and the cost of living is growing starker, prompting the author to advocate for a shift towards focusing on high-wage jobs to allow more people to "live comfortably."

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