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The states with the lowest cost of living

The states with the lowest cost of living

Americans face a dilemma. The consumer price index rose 7% in December, and while wages have risen recently, they have not, for the most part, kept up with inflation. The median household income in the U.S. dropped 2.9% in 2020 to $67,521, in fact. Even as inflation increases the cost of living nationwide, the cost of living is not uniform between states. The state with the lowest cost of living is Mississippi. 

(These are the best places to live on a budget of $30k.)

Terry Savage: Retiree medical costs are soaring

If you’re a retiree dealing with Medicare, you’ve just noticed that your increased (5.9%) Social Security benefit is being reduced substantially by rising costs for Medicare Part B and Part D (your drug plan), as well as by increased costs for drugs that may be only partially covered by insurance.
The worst cities to find a job for recent graduates

The worst cities to find a job for recent graduates

Using data from the Bureau of Labor Statistics and U.S. Census Bureau, 24/7 Wall St. created an index of six key measures to identify the worst cities for recent college graduates to find a job. Index measures are related to job growth, financial security, earnings, and employment opportunities for the young and the college educated. The disadvantages that recent graduates at the beginning of their career face in many of the metro areas on this list vary. One of the most common disadvantages is a lack of employment opportunities in fields that typically require a college degree such as information, finance and insurance, professional, scientific, and technical services. For similar lists visit 24/7 Wall St. .

Terry Savage: Get ready for taxes again

Well, here’s a topic I hate to bring up this early in the year, but it’s time to think about filing your 2021 income taxes sometime in the next two months.
The best-paying large companies in America

The best-paying large companies in America

To determine the best paying large companies in America, 24/7 Wall St. ranked companies by their average annual salaries and bonuses as reported by the compensation data site PayScale and was current as of October 2021. Only companies with at least 500 employees and 75 employee reviews on PayScale that were also included in workplace industry site Comparably’s Best Compensation 2020 list were considered. In cases where two companies tied in combined average annual salary and bonus according to PayScale, the one with the higher ranking by Comparably was ranked higher. (Supplemental data on employee count and annual revenue came from SEC filings, annual reports, and various other sources.) For similar lists visit 24/7 Wall St. .
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