BALTIMORE — There's a new study showing how much money you need to earn to live comfortably in Baltimore.
Gobankingrates.com put out this study. It defines "living comfortably" by a person following the 50/30/20 rule.
That means half of your income to go to necessities, 20% to savings and investments and 30% for splurges and fun.
The study found the average income is Baltimore is $52,164
If you're a homeowner, you'll need to make $67,888.98 to live comfortably.
And if you're renting, the income level is $81,592.98.
Click here to see the full study.
