That's the estimate for a family made up of two parents and two kids.
The numbers are calculated by the Economic Policy Institute, a progressive think tank based in Washington D.C.
You can look up your specific living situation with their updated "Family Budget Calculator."
EPI says the calculator estimates the annual income a family needs for a "secure yet modest living standard."
It estimates expenses related to housing, food, child care, transportation, health care, other necessities, and taxes. And by their calculations, families at the poverty level set by the federal government are nowhere near the EPI's "getting by" threshold.
The budgets, updated for 2013, are calculated for 615 U.S. communities and six family types (either one or two parents with one, two, or three children)...EPI’s family budgets offer a higher degree of geographic customization and provide a more accurate measure of economic security. In all cases, they show families need more than twice the amount of the federal poverty line to get by.
Of the 20 areas the EPI examined in Michigan, the Ann Arbor area came out on top as the most expensive place to live. Rural Michigan was the least expensive.
Here's a look at the Michigan areas EPI put into their calculator, from most expensive to least expensive (for two-parent, two-child families):