That's for a two-parent family with two kids and where the two parents are working.
Peter Ruark and Cameron Merrill compiled the numbers for the Michigan League for Public Policy.
Their report states that "making ends meet" means just covering the bare necessities.
If you and your partner have two kids, and you make $52,330 a year, the authors say you have just enough to cover your expenses for things like housing, food, healthcare, clothing, child care, transportation, and taxes.
It's equal to each person making $12.85 an hour at a full-time job.
That's just one living situation the MLPP report looks at. It also breaks down the amount you would need to earn each year to "make ends meet" if you were:
- single - $21,570
- a single parent with two kids - $44,164
- a two-parent family with two kids and you are both working - $52,330
- a two-parent family with two kids and only one parent is working - $26,720
(They assume child care is not needed in a two-parent family with only one person working.)
They also broke down the difference in need based on where you live in Michigan. Scroll over the interactive map below to see their wage estimates for each county.