NC Budget and Tax Center

New Living Income Standard shows many families can’t afford the basics in North Carolina

Many families in North Carolina do not earn enough to pay for their basic needs, according to a new report by the N.C. Budget & Tax Center.  Many more live paycheck to paycheck and don’t earn enough to save in order to plan for their future or invest in their children and their education.

The Budget & Tax Center has updated its Living Income Standard (LIS) for 2019, a measurement that gives a more accurate and comprehensive picture than more traditional measures of what it takes for a family to make ends meet in each of North Carolina’s 100 counties. For example, the LIS shows that in North Carolina, a family of two adults and two children must earn $52,946 a year in order to actually afford housing, food, child care, health care, transportation, taxes, and other necessities – more than double the federal poverty threshold for a family of four. The report also breaks the numbers down by county and family type. The same family of four living in Mecklenburg County would need to earn $59,597 to afford the basics, while a Richmond County family would need to earn $44,163.

The report details the problems with current measures like the Federal Poverty Level and the federal minimum wage, which don’t accurately reflect what is actually needed to make ends meet in North Carolina. For example, the Federal Poverty Level doesn’t take into account expenses such as child care or regional differences in the cost of living.

Click here to check out the full report.

2 Comments


  1. Cathy

    March 28, 2019 at 6:22 pm

    Things are so expensive to live..heck we rent and to even rent a 1 bedroom apt in a small rural town in bad part of town it is 500.00 a mth..no increase in paychecks but everything is outrageous

  2. Sheila

    March 28, 2019 at 7:43 pm

    I have been living on just retirement (under $1100 per month) and still end up paying taxes at the end of every year and can not qualify for any help!

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