Everything is expensive nowadays. Just think back to maybe five years ago - how much were you paying for a carton of eggs? Gone are those days.Over the last decade, the household income needed to be considered middle class has skyrocketed. In 2012, a household income of $35,364 qualified you as a member of the middle class in the U.S.; in 2022, $50,099 was the lowest minimum household income threshold, GOBankingrates reports.
In Oregon, the household income needed to be middle class has increased by 53.15% from 2012 to 2022 — the biggest increase of any state.Washington ranked second , followed by Colorado , then California, and Idaho rounding out the top five.According to the study, Mississippi has the lowest household income needed to be middle class. As of 2022, a $35,323 salary is considered middle class in the state.
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