Hawaii and California Top States Where People Are Likely to Live Paycheck to Paycheck

New study finds that residents in some states with the highest income levels actually have the lowest portion of their paychecks left over after bills and regular expenses.

Hawaii is the state where Americans are most likely to live paycheck to paycheck, whereas residents of Minnesota are least likely, according to a new ranking released today by leading personal finance website GOBankingRates.com.

States were evaluated and ranked according to the percentage of the median paycheck that was left over after subtracting the following:

  • Housing costs
  • Food expenditures
  • Transportation expenses
  • Utilities
  • Healthcare

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“Living paycheck to paycheck isn’t necessarily a function of income,” said Cameron Huddleston, GOBankingRates’ Life + Money columnist. “Plenty of upper-income households live hand to mouth because of poor financial habits. In fact, a separate GOBankingRates’ survey found that people earning $100,000 or more were more likely to fear always living paycheck to paycheck than those earning less.”

The 10 States Where Americans Are Most Likely to Live Paycheck to Paycheck

  1. Hawaii
  2. California
  3. New York
  4. Alaska
  5. Florida
  6. Nevada
  7. New Jersey
  8. Rhode Island
  9. Massachusetts
  10. Connecticut

The 10 States Where Americans Are Least Likely to Live Paycheck to Paycheck

  1. Minnesota
  2. Iowa
  3. Missouri
  4. Utah
  5. Idaho
  6. Montana
  7. Kansas
  8. Arkansas
  9. Nebraska
  10. North Dakota

To see where your state ranked, click here.

Additional insights:

  • Even though Hawaii has the third-highest median household income in the U.S., it still ranks as the No. 1 state where people are most likely to live paycheck to paycheck due to high cost-of-living factors.
  • Seven states in the top 10 list of states where people are most likely to live paycheck to paycheck also are in the top 10 for median household income.
  • Minnesota is the No. 1 state where people are least likely to live paycheck to paycheck due to its relatively high median household income ― No. 6 in the U.S. ― and low cost of living.
  • Nevada is the only landlocked state to rank in the top states where people are most likely to live paycheck to paycheck due to its high cost of living and relatively low median household income.

To see details on the methodology, visit:


About Guest Author GOBankingRates

GOBankingRates.com is a leading portal for personal finance and consumer banking information, offering visitors the latest on everything from finding a good interest rate to strategies for saving money, investing for retirement and getting a loan. Its editors are regularly featured on top-tier media outlets, including U.S. News & World Report, Forbes, Business Insider, Daily Finance, Huffington Post and more. It specializes in connecting consumers with the best financial institutions and banking products nationwide.



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