Wealth is very much a subjective thing. What one person might consider a pittance would feel like a fortune to someone else. How much do people think (key word) they need to live comfortably in Illinois? The numbers are ridiculous.
Wealth can be a subjective term. What is rich to one person might seem like a pittance to someone else. Do you actually know what Missouri's poverty level is? Do you know that you might be poor (by state standards) and not even know it?
The idea of 'living comfortably' is such a subjective thing. Income that is comfortable for one person might seem like poverty to another. However, there is a national average which is being used to compare Illinois towns and cities to decide which ones are the most comfortable in the state.
Explore why Indiana is the top choice for Illinois residents seeking a low cost of living and proximity to family, according to a recent study by Niche.
I think it goes without saying (but I will say it) that I'm not a fancy fellow. That's one of the reasons I am quite pleased to report that Missouri has been ranked as one of the least expensive states to live in based on science. Yay for cheap.
I think it's safe to say that most people have a goal of retiring 'comfortably', but what does that mean exactly? If you plan to sail off into a golden sunset in Missouri, you better start saving based on a number I've just seen shared that puts a mammoth price on the word 'comfortably'.
I have mentioned before that I was born in and raised in Missouri plus I live in Missouri now. Keep that fact in mind as I mention that I reuse paper towels and cups. Is it any surprise then that Missouri was just declared one of the cheapest states in America.