# Minnesota and US cost of living income requirements > Live situation record from CLSTR: https://clstr.news/situations/minnesota-and-us-cost-of-living-income-requirements > Updated: 2026-08-24T14:55:17.000Z. Sources: 5. Developments: 2. Research from SmartAsset examines the income levels necessary for survival and comfortable living in Minnesota and across the United States. To cover basic necessities like housing, healthcare, and childcare, a family of four in Minnesota requires an annual income of approximately $122,387, which is roughly 13.5 percent higher than the national survival average of $106,903. When applying the 50/30/20 rule—allocating 50 percent to necessities, 30 percent to discretionary spending, and 20 percent to savings or debt—the financial requirements increase. For a family of four in Minnesota, a combined annual income of $263,000 is estimated to be necessary for comfort, compared to a national estimate of $250,000. For individuals, a single person in Minnesota requires an annual income of $96,970 to meet these comfort standards, notably higher than the state’s median single-person income of $44,934. In comparison, the requirement for a single person in Wisconsin is $91,021. Data indicates that in 40 of the 50 U.S. states, a family of four requires an income exceeding $200,000 to live comfortably. ## Timeline ### 2026-08-24: Income requirements for comfortable living in Minnesota and US SmartAsset data indicates that to live comfortably using a 50/30/20 budget, single individuals in Minnesota need $96,970, while families of four require over $200,000 in 40 states. 2 sources. https://clstr.news/cluster/income-requirements-for-comfortable-living-in-minnesota-and-us ### 2026-08-15: Minnesota family income requirements for survival and comfort A SmartAsset study estimates that a family of four in Minnesota needs $122,387 for basic survival and $263,000 to live comfortably using the 50/30/20 budgeting rule. 4 sources. https://clstr.news/cluster/minnesota-family-income-requirements-for-survival-and-comfort --- Cite as: Minnesota and US cost of living income requirements. CLSTR, https://clstr.news/situations/minnesota-and-us-cost-of-living-income-requirements