Do You Make Enough To Be Considered ‘Middle-Class’ In Idaho In 2024?

New year, new class? No -  we're not talking about school or anything of that nature although education could play a role in what we're about to talk about: income.

Idaho continues to grow and because of that, it is regularly listed as one of the most expensive places to live.

Are you considered middle-class in Idaho?

According to SoFi.com, you can "expect to spend about $39,739 a year on total personal consumption." Unfortunately, if you're making $15 an hour and work 40-hour weeks for a whole year, your gross income would be $31,200 which is around $8,000 less than what it takes to live in Idaho.

Here's the thing - what if you make more than that and can cover the nearly $40,000 that it takes to live in Idaho? Would you still be considered middle-class?

Putting it in perspective

We all know Idaho is expensive but a lot of people would agree that it is much more expensive to live in California. According to SoFi.com, the average cost of living in California is $53,082 which is roughly $14,000 more than it takes to live in Idaho.

According to GoBankingRates.com, it would take between $52,681 and $157,258 a year for a 2-person family to be considered "middle-class."

That's a wide range!

Wait until you see how much it takes for a 3-person family or even a 4-person family to earn in order to be considered middle-class. Do you meet the criteria? Does it mean anything to you if you're not middle-class in Idaho?

Let us know your thoughts here!

Let's take a look at the numbers state by state.