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$30,000 a Year is How Much Money Per Hour? (Can You Live Off It)

Salaries aren’t always broken down into manageable amounts like weekly or hourly pay. Is it possible to know if you’ll make enough money to get by?

And $30,000 a year is how much an hour, anyway? Get answers to your questions and find out about monthly and biweekly amounts for this salary, as well.

What Amount is $30,000 a Year Hourly in the US?

How much does this amount break down to by hour? We will assume a typical 40-hour workweek for this example.

If you tend to work more or fewer hours than this, then adjust the math accordingly. Working a 40-hour workweek for a total of 52 weeks a year, you are making $14.42 per hour.


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You might be wondering about this amount and whether it’s enough. We’ll get into that soon.

If you are working part-time and making this amount, say, 20 hours a week, you are making ~$28.84 per hour, which is pretty decent. But if you are working long hours, say, 50 hour weeks, then that would be about $11.54 an hour, which is much less. 

$30,000 a Year is How Much a Month?

This answer will not factor in taxes, so this is the amount you’d make gross before taxes are taken out. If you divide $30,000 a year by 12 months, the answer is $2500 per month.

This doesn’t include how many hours you work; it’s simply the amount you’d receive before taxes for this salary each month.

Related: How to Calculate Gross Monthly Income (with Examples)

$30,000 a Year is How Much Bi-Weekly?

Bi-weekly paychecks are very common, so you’ll likely be receiving your income in this way. The amount you’d make every two weeks before taxes is $1153.84.

This amount may be enough to live on in some locations, but we’ll look at the details later.

Is $30,000 a Year Good?

This depends a lot on the place you live. If your rent is very affordable and you have minimal bills, it can be enough.

But it definitely isn’t going to leave a lot of extra at the end of the month. It gets a bit better if you have a second income or a spouse or partner that also contributes to the finances.

This amount on its own can be challenging when trying to support a family. If you are responsible for more people than just yourself, this is not likely to be enough money.

You may need to consider a side hustle or weekend job. You might also look for a job that pays better and offers other benefits, like insurance. 

Is $30,000 a Year Good for a Single Person?

What if you don’t have a family to support, and this amount is just for you? Is $30,00 a year enough?

In most cases, yes. It can be enough to pay your bills and get by.

If you have an emergency and need cash or are trying to save up for anything, be aware that you may not have much extra. 

Is $30,000 a Year Poverty?

If this isn’t great money, but you can probably get by, is $30,000 a year considered living in poverty? For a single person on their own, no. It would not qualify as poverty.

If you have dependents, that may be a different story, though. It will matter how many dependents you have. 

How Can I Live Off $30,000 a Year?

1. Create a budget

This is the most obvious way to live off of this amount. You need a plan that will help you know how much money is coming in each month and how much is taken out.

Know how much your bills cost, exactly, not approximately, and know how much you need for food, transportation, insurance, etc. The best way to make this amount work is to be as prepared as possible.

As soon as you get your paycheck, the same day, budget. If you can pay all of your expenses on that first day and set money aside for savings, do so.

This will help you make sure everything is taken care of before any money is spent unnecessarily.

Related: Tips for Creating a Budget that Works

2. Reduce expenses

Suppose you are living on $30,000 a year. In that case, it is probably not the time for expensive vacations or 5 different TV streaming services. Try to reduce your expenses little by little each month by being creative.

Try as many methods as you can think of to make your bills cost less each month. For example, can you walk instead of driving on non-workdays?

Can you reduce your subscriptions from Hulu, Netflix, and HBO Max to just one of these? Try turning down the heat a bit when you aren’t home. Small things can help.

3. Save a little from each paycheck, even a small amount

It can really help you feel more secure if you can keep even a little bit of your paycheck each time it arrives. This might be $20 to start, but just begin and see what you can save.

Increase the amount over time if you can. Starting somewhere will help you begin to build up some sort of savings and feel better about your finances. 

If you get an end-of-year bonus or money from a holiday or birthday, you can add to your savings with that, as well. This can help if your regular paycheck doesn’t allow you to save much. 

4. Contribute to an employee 401k or an IRA

Don’t avoid this just because your salary isn’t high. Contribute even a little bit towards your retirement each month or each paycheck.

Remember, even a small amount is better than nothing. And remind yourself that as you advance in your career or if you take on a side job, you will make more money.

This will allow you to add to the foundation of funds you are already building.

Obviously taking care of your needs are top priority but if you have extra, try to make savings the next in line.

5. Plan trips and significant expenses far in advance 

When I say “far in advance,” I mean waaaaay in advance – like a year, if possible. The longer you have to save up, the less it will feel like your expenses are eating into your paycheck.

If you need to take a trip or do something that you need to save for, give yourself time. Plus, tickets tend to cost less the further out you buy them.

For example, if it’s March, and you know that you are taking a trip in December that will cost $2000, that gives you 9 months before you get to December, including March.

That means you need to save approximately $222 a month. Which is a much smaller amount than getting to December and having to come up with thousands of dollars out of nowhere.

6. Shop at thrift stores

Living off of $30,000 doesn’t mean you don’t get to buy things you need. But why not find some items that are still in excellent condition for a much better price?

If you need to buy some clothes or shoes, consider shopping second-hand to save some money. You can still find high-quality items, but your budget will be more manageable.

Check out online thrift stores or find a local shop that offers great prices. Make sure to shop only for what you need and be careful with costs.

If you need something for a special occasion, try to borrow an outfit from a friend, or rent it if you can.

7. Use apps like Ibotta and find coupons

There are lots of apps that help you save money. The Ibotta app helps you get cash back when you shop.

And many others offer coupons or help you save in some way. $5 here and there can help you save more.

You don’t have to go crazy with this, but make it a goal that you’ll try saving a few bucks any time you go to the store.

Plus, if you were already planning to buy these things, this will save you money. Never buy something you don’t need just because you have a coupon, as this can actually cost you money. 

8. Make a simple wardrobe

Create a simple wardrobe of solid colors and classic designs that all go together. You won’t have to waste money buying whole outfits that match.

You can wear your clothes for longer and create more unique styles when you keep a simple wardrobe. Stick with a neutral color palette of black, white, cream, and grey.

These will all pair well together and ensure that your wardrobe goes the distance. Also, take good care of your clothes so they last longer.

You can do this by following cleaning instructions and knowing how to sew a button or patch up jeans with holes. 

9. Get creative with presents and holiday gifts

Birthdays and holidays come up throughout the year, and you can save money by being creative with your presents. Baked goods are thoughtful and inexpensive.

A framed photo isn’t costly, but it makes a lovely gift. Think about the gifts you need to purchase throughout the year and even make a list of inexpensive present ideas.

And if you aren’t able to give presents, remember that a heartfelt card is always appreciated, and it won’t cost much at all. You can buy a set of all-occasion blank cards at the start of the year and use them throughout each birthday and holiday.

If you decide to do this, put a lot of thought and effort into what you write, letting the person know how much they mean to you. 

10. Get a roommate or move into a smaller home

If you find that a large part of your paycheck is going towards rent or a mortgage, it might be time for a change. Consider getting a roommate to split the rent costs with.

Or if you can, move into a smaller home or apartment that costs less. If you can save a few hundred dollars and are near the end of your lease, why not look for something to help your budget?

Remember that living with roommates or in a smaller space doesn’t have to be permanent, but it can help when you’re living on $30,000 a year. 

11. Make more income through an additional job

This is my number one tip for living off of $30,000 a year – don’t. Instead, up your income by looking for an extra job to earn more money.

More money means you will have the opportunity to do some things that your ordinary budget may not allow. Start up a side hustle or home business to help you save a bit more.

Working another job may also offer you the chance to do the things you want to do, like travel, or invest.

This job doesn’t even have to be that frequent. Can you work at a bakery on Saturday mornings only?

Or maybe you babysit or pet-sit one weekend a month. Find something that won’t be too time-consuming but will bring a few hundred extra to start.

If you feel comfortable with the amount of hours work takes each week, you can increase your availability and take on more hours to make more money. 

$30,000 a Year is $14.42 an Hour

$30,000 a year as a salary is $2500 per month. As an hourly rate, it is $14.42 an hour.

This amount is considered above the poverty level for a single person, but this may be different if you have dependents. Working for this amount may be alright if you start a new career.

Still, soon you should be looking for a raise or looking around for a higher paying job, as this may not be enough to adequately save or pay all your bills.

To make the most of $30,000 a year, be sure to budget, use coupons, shop inexpensively, and look for ways to make more money. Working a side hustle is a great way to add to your savings.

Regardless of the salary you make, don’t forget about saving up for retirement and investing for your future. Being organized and disciplined is the best way to make this amount work well. 

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