What is a good salary?

As of 2012, a good salary that allows a person to live comfortably is roughly $50,000 a year, according Forbes. This number can either increase or decrease depending on the cost of living in a specific region.

A good salary is also dependent upon how much an individual needs to manage his monthly bills, living expenses, savings and retirement goals, and miscellaneous expenses. Studies have shown that an individual who makes more than $75,000 a year isn't always happy with the number of work hours he has to put in to make such a salary. In order to increase earnings, an individual can negotiate a raise or find additional sources of income.