A family of four can meet its basic needs for $49,114 a year in Morristown, Tenn.—about half the income needed to raise a family in New York or Washington.
There are 140 communities and regions where a family can meet basic needs such as rent, health care and taxes for less than $60,000 a year, according to the Economic Policy Institute’s Family Budget Calculator released Wednesday.
Southern California is not the most expensive, nor the cheapest (duh!). It is interesting to see the different costs in different markets. Here are details from the Wall Street Journal. http://ow.ly/RtPmf