Income requirements for comfortable living in Minnesota and US

According to data from SmartAsset, living comfortably requires following a 50/30/20 budgeting rule, where 50% of income covers necessities, 30% goes to discretionary spending, and 20% is allocated to savings and retirement.

In Minnesota, a single person requires an annual income of $96,970 to meet these standards, which is significantly higher than the state's median single-person income of $44,934. In Wisconsin, the requirement for a single person is $91,021. For a family of four, SmartAsset reports that an income exceeding $200,000 is necessary to live comfortably in 40 of the 50 U.S. states.