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How much should be earned to rent housing in each state: map

According to data from the SmartAssest financial website and from the US Bureau of Labor Statistics, millennials earn an average of just over $ 684 per week, or $ 2 736 per month. But in some of the more popular states of the country this is not enough for rental housing.

Фото: Depositphotos

HowMuch.net calculated the average rental price for real estate in each state, using data from Zillow, and determined how much money a family would need to afford this rent. The researchers based their estimates on the recommendation that housing costs should not exceed 30 percent of your income.

Based on the data, here are the 10 places where you need to earn more to afford to rent an average home:

Washington

Monthly Income Required: 8 487 USD

California

Monthly Income Required: 8 313 USD

Hawaii

Monthly Income Required: 7 806 USD

New York

Monthly Income Required: 7 223 USD

Massachusetts

Monthly Income Required: 7 193 USD

New Jersey

Monthly Income Required: 6 717 USD

Colorado

Monthly Income Required: $ 6 197

Washington

Monthly Income Required: $ 5 993

Maryland

Required monthly income: 5 863 USD

Connecticut

Monthly Income Required: 5 590 USD

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