Here's how much you need to make to 'live comfortably' in Tampa Bay, Smartasset finds

Living comfortably in Tampa Bay requires nearly a six-figure income, a new study by SmartAsset shows.

While the cost of living premiums and inflation metrics capture the price increases in goods and services, they do not necessarily account for all the additional costs needed to live comfortably – such as a buffer from the stress of living paycheck to paycheck.

The personal finance website used the 50/30/20 rule to determine the minimum pre-tax salary that both a single person and two working adults with two children need to earn to live comfortably in 99 cities across the U.S.

Using this formula, 50% of a person's budget is allocated for needs such as housing, groceries and transportation, 30% is calculated for wants such as entertainment and hobbies, and 20% is reserved for paying off debt, saving, or investing.

In Tampa Bay, an individual without a child must make an annual salary of at least $94,432 — or an hourly wage of $45.40 — to achieve a comfortable lifestyle, as defined in the study. That breaks down to nearly $47,216 going toward needs, about $28,329 toward wants and close to $18,886 toward debt/savings.

For two working-class people raising two children in Tampa Bay, they'd need to earn a combined annual salary of $209,498. About $104,749 would be used on necessities, $62,849 on wants and $41,899 on debt/savings.

The company compiled data from the MIT Living Wage Calculator to gather the essential cost of living for an individual with no children in each metro area.

Last year, a single person in Tampa Bay without a child needed to make $67,740 to live comfortably.

Another report by SmartAsset found that after taking into account factors such as inflation and cost of living, the average person making an annual income of $100,000 in Tampa Bay is taking home about $81,175 after adjusting for taxes and cost of living.

According to the newest report, the average U.S. individual must make $96,500 to live comfortably in one of the nation's largest cities.

Three Texas cities had the lowest salaries needed for living comfortably. Houston topped the list at $75,088. It was followed by El Paso, at $75,254, and Lubbock, at $75,379.

New York City required the highest salary of $138,570, followed by the California cities of San Jose, $136,739, and Santa Ana, $126,797.

The study found six cities where families must earn a combined annual salary over $300,000 to comfortably raise two children: San Francisco ($339,123); San Jose ($334,738); Boston ($319,738); Arlington, Virginia ($318,573); New York City ($318,406); and Oakland, California ($316,243).