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Here's the cost of living in America's 50 biggest cities

GOBankingRates Logo By Lauren Monitz of GOBankingRates | Slide 1 of 52: Do you earn enough to pay for your living expenses, cover non-essentials and also save money for the future? Where you live makes a big difference in how far your salary will stretch.
The 50-30-20 rule is a well-documented budgeting strategy to help you distribute your salary. Fifty percent of your income should be allocated to necessities, 20 percent should go towards savings, and 30 percent should go to disposable income. Using this strategy, GOBankingRates found the costs of necessities in the 50 largest cities in the country, then doubled that income to find each city’s “live comfortably” salary. Keep reading to see what it’ll cost you to live in America’s biggest cities.

Here's the cost of living in America's 50 biggest cities

Do you earn enough to pay for your living expenses, cover non-essentials and also save money for the future? Where you live makes a big difference in how far your salary will stretch.

The 50-30-20 rule is a well-documented budgeting strategy to help you distribute your salary. Fifty percent of your income should be allocated to necessities, 20 percent should go towards savings, and 30 percent should go to disposable income. Using this strategy, GOBankingRates found the costs of necessities in the 50 largest cities in the country, then doubled that income to find each city’s “live comfortably” salary. Keep reading to see what it’ll cost you to live in America’s biggest cities.

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