ShowBiz & Sports Celebs Lifestyle

Hot

Here’s the Emergency Fund You Need To Survive a Recession in Your State

Main Image

- - - Here’s the Emergency Fund You Need To Survive a Recession in Your State

T. WoodsJuly 11, 2025 at 7:10 AM

designer491 / Getty Images/iStockphoto

With the ups and downs, and stops and starts, of President Donald Trump’s controversial tariff policies, some economists have warned that an economic downturn is inevitable. Less clear, however, is whether or not such a downturn will lead to an actual recession — a downward economic spiral that lasts months and features large declines in employment and production. Should a recession hit, significant numbers of the American workforce could face job layoffs and terminations.

Check Out: Here’s How Much You Need To Earn To Be ‘Rich’ in Every State

Learn More: 4 Low-Risk Ways To Build Your Savings in 2025

Whether or not an actual recession will be triggered in 2025, having an emergency fund is always a safe bet. That said, it pays to know how much you need to have in an emergency fund in your state. That’s why GOBankingRates recently devised a study to calculate just how much an emergency fund would carry citizens in each of the 50 states for three months, six months and 12 months total.

Worried that you don’t have enough set aside to survive in your state without a job? Hit the list to see how much you need in your emergency fund to survive a recession.

Alabama -

Annual cost of living: $39,278

Emergency fund for 3 months: $9,820

Emergency fund for 6 months: $19,639

Emergency fund for 12 months: $39,278

Find Out: Here’s the Line Between Middle Class and Upper-Middle Class in Every State

Also See: Median Salary of Americans Your Age in Every State

Trending Now: Suze Orman's Secret to a Wealthy Retirement--Have You Made This Money Move?

Anfisa Tukane / Getty Images/iStockphotoAlaska -

Annual cost of living: $60,450

Emergency fund for 3 months: $15,113

Emergency fund for 6 months: $30,225

Emergency fund for 12 months: $60,450

Explore More: The Cheapest Place To Buy a Home in Every State

DenisTangneyJr / Getty Images/iStockphotoArizona -

Annual cost of living: $56,087

Emergency fund for 3 months: $14,022

Emergency fund for 6 months: $28,043

Emergency fund for 12 months: $56,087

RoschetzkyIstockPhoto / Getty Images/iStockphotoArkansas -

Annual cost of living: $37,609

Emergency fund for 3 months: $9,402

Emergency fund for 6 months: $18,805

Emergency fund for 12 months: $37,609

stellalevi / Getty ImagesCalifornia -

Annual cost of living: $87,962

Emergency fund for 3 months: $21,990

Emergency fund for 6 months: $43,981

Emergency fund for 12 months: $87,962

Colorado -

Annual cost of living: $64,558

Emergency fund for 3 months: $16,139

Emergency fund for 6 months: $32,279

Emergency fund for 12 months: $64,558

©ZillowConnecticut -

Annual cost of living: $59,423

Emergency fund for 3 months: $14,856

Emergency fund for 6 months: $29,712

Emergency fund for 12 months: $59,423

Discover More: The Money You Need To Save Monthly To Retire Comfortably in Every State

Holzman Moss Bottino Architecture / Wikimedia CommonsDelaware -

Annual cost of living: $53,343

Emergency fund for 3 months: $13,336

Emergency fund for 6 months: $26,671

Emergency fund for 12 months: $53,343

aimintang / iStock.comFlorida -

Annual cost of living: $53,687

Emergency fund for 3 months: $13,422

Emergency fund for 6 months: $26,843

Emergency fund for 12 months: $53,687

Jacob Boomsma / Getty Images/iStockphotoGeorgia -

Annual cost of living: $47,888

Emergency fund for 3 months: $11,972

Emergency fund for 6 months: $23,944

Emergency fund for 12 months: $47,888

©iStock.comHawaii -

Annual cost of living: $104,577

Emergency fund for 3 months: $26,144

Emergency fund for 6 months: $52,289

Emergency fund for 12 months: $104,577

Kirk Fisher / Getty ImagesIdaho -

Annual cost of living: $57,919

Emergency fund for 3 months: $14,480

Emergency fund for 6 months: $28,960

Emergency fund for 12 months: $57,919

See More: How Much House Does $300K, $400K and $500K Buy You in Every State?

pabradyphoto / iStock.comIllinois -

Annual cost of living: $44,778

Emergency fund for 3 months: $11,195

Emergency fund for 6 months: $22,389

Emergency fund for 12 months: $44,778

Ultima_Gaina / Getty Images/iStockphotoIndiana -

Annual cost of living: $41,373

Emergency fund for 3 months: $10,343

Emergency fund for 6 months: $20,687

Emergency fund for 12 months: $41,373

Wirestock / Getty Images/iStockphotoIowa -

Annual cost of living: $39,889

Emergency fund for 3 months: $9,972

Emergency fund for 6 months: $19,945

Emergency fund for 12 months: $39,889

Oleksii Liskonih / Getty Images/iStockphotoKansas -

Annual cost of living: $39,916

Emergency fund for 3 months: $9,979

Emergency fund for 6 months: $19,958

Emergency fund for 12 months: $39,916

©ZillowKentucky -

Annual cost of living: $39,938

Emergency fund for 3 months: $9,985

Emergency fund for 6 months: $19,969

Emergency fund for 12 months: $39,938

Read More: How Long $2 Million in Retirement Will Last in Every State

Larry Gibson / iStock.comLouisiana -

Annual cost of living: $37,550

Emergency fund for 3 months: $9,388

Emergency fund for 6 months: $18,775

Emergency fund for 12 months: $37,550

Photo Italia LLC / Getty Images/iStockphotoMaine -

Annual cost of living: $55,360

Emergency fund for 3 months: $13,840

Emergency fund for 6 months: $27,680

Emergency fund for 12 months: $55,360

DenisTangneyJr / Getty Images/iStockphotoMaryland -

Annual cost of living: $57,444

Emergency fund for 3 months: $14,361

Emergency fund for 6 months: $28,722

Emergency fund for 12 months: $57,444

APCortizasJr / Getty ImagesMassachusetts -

Annual cost of living: $77,544

Emergency fund for 3 months: $19,386

Emergency fund for 6 months: $38,772

Emergency fund for 12 months: $77,544

©iStock.comMichigan -

Annual cost of living: $41,579

Emergency fund for 3 months: $10,395

Emergency fund for 6 months: $20,789

Emergency fund for 12 months: $41,579

Find More: How Much Money Is Needed To Be Considered Middle Class in Every State?

Jacob Boomsma / Getty Images/iStockphotoMinnesota -

Annual cost of living: $49,462

Emergency fund for 3 months: $12,365

Emergency fund for 6 months: $24,731

Emergency fund for 12 months: $49,462

©iStock.comMississippi -

Annual cost of living: $36,351

Emergency fund for 3 months: $9,088

Emergency fund for 6 months: $18,176

Emergency fund for 12 months: $36,351

Art Wager / iStock.comMissouri -

Annual cost of living: $41,219

Emergency fund for 3 months: $10,305

Emergency fund for 6 months: $20,610

Emergency fund for 12 months: $41,219

Montana -

Annual cost of living: $57,517

Emergency fund for 3 months: $14,379

Emergency fund for 6 months: $28,759

Emergency fund for 12 months: $57,517

marekuliasz / iStock.comNebraska -

Annual cost of living: $42,993

Emergency fund for 3 months: $10,748

Emergency fund for 6 months: $21,496

Emergency fund for 12 months: $42,993

Also Read: How Paychecks Would Look in Each State If Trump Dropped Federal Income Tax

DenisTangneyJr / Getty ImagesNevada -

Annual cost of living: $58,665

Emergency fund for 3 months: $14,666

Emergency fund for 6 months: $29,333

Emergency fund for 12 months: $58,665

DenisTangneyJr / Getty ImagesNew Hampshire -

Annual cost of living: $62,536

Emergency fund for 3 months: $15,634

Emergency fund for 6 months: $31,268

Emergency fund for 12 months: $62,536

DenisTangneyJr / Getty Images/iStockphotoNew Jersey -

Annual cost of living: $66,926

Emergency fund for 3 months: $16,732

Emergency fund for 6 months: $33,463

Emergency fund for 12 months: $66,926

ElFlacodelNorte / Getty Images/iStockphotoNew Mexico -

Annual cost of living: $45,368

Emergency fund for 3 months: $11,342

Emergency fund for 6 months: $22,684

Emergency fund for 12 months: $45,368

FilippoBacci / Getty Images/iStockphotoNew York -

Annual cost of living: $59,403

Emergency fund for 3 months: $14,851

Emergency fund for 6 months: $29,701

Emergency fund for 12 months: $59,403

Also See: How Far $1.5 Million in Retirement Savings Plus Social Security Goes in Every State

North Carolina -

Annual cost of living: $48,054

Emergency fund for 3 months: $12,014

Emergency fund for 6 months: $24,027

Emergency fund for 12 months: $48,054

Guy RD / Shutterstock.comNorth Dakota -

Annual cost of living: $43,844

Emergency fund for 3 months: $10,961

Emergency fund for 6 months: $21,922

Emergency fund for 12 months: $43,844

Sean Pavone / Getty Images/iStockphotoOhio -

Annual cost of living: $40,788

Emergency fund for 3 months: $10,197

Emergency fund for 6 months: $20,394

Emergency fund for 12 months: $40,788

DenisTangneyJr / iStock.comOklahoma -

Annual cost of living: $38,398

Emergency fund for 3 months: $9,599

Emergency fund for 6 months: $19,199

Emergency fund for 12 months: $38,398

Strekoza2 / Getty Images/iStockphotoOregon -

Annual cost of living: $62,701

Emergency fund for 3 months: $15,675

Emergency fund for 6 months: $31,351

Emergency fund for 12 months: $62,701

Check Out: The Living Wage a Family of Four Needs in All 50 States

Wirestock / Getty Images/iStockphotoPennsylvania -

Annual cost of living: $44,255

Emergency fund for 3 months: $11,064

Emergency fund for 6 months: $22,128

Emergency fund for 12 months: $44,255

DenisTangneyJr / Getty Images/iStockphotoRhode Island -

Annual cost of living: $61,901

Emergency fund for 3 months: $15,475

Emergency fund for 6 months: $30,950

Emergency fund for 12 months: $61,901

omersukrugoksu / Getty Images/iStockphotoSouth Carolina -

Annual cost of living: $45,362

Emergency fund for 3 months: $11,341

Emergency fund for 6 months: $22,681

Emergency fund for 12 months: $45,362

DenisTangneyJr / Getty Images/iStockphotoSouth Dakota -

Annual cost of living: $45,859

Emergency fund for 3 months: $11,465

Emergency fund for 6 months: $22,929

Emergency fund for 12 months: $45,859

Jonathan Ross / Getty Images/iStockphotoTennessee -

Annual cost of living: $45,776

Emergency fund for 3 months: $11,444

Emergency fund for 6 months: $22,888

Emergency fund for 12 months: $45,776

Find Out: How Much You Need To Earn To Be Upper Middle Class in Every State

f11photo / Getty Images/iStockphotoTexas -

Annual cost of living: $45,505

Emergency fund for 3 months: $11,376

Emergency fund for 6 months: $22,752

Emergency fund for 12 months: $45,505

©ZillowUtah -

Annual cost of living: $62,806

Emergency fund for 3 months: $15,701

Emergency fund for 6 months: $31,403

Emergency fund for 12 months: $62,806

marchello74 / iStock.comVermont -

Annual cost of living: $54,486

Emergency fund for 3 months: $13,622

Emergency fund for 6 months: $27,243

Emergency fund for 12 months: $54,486

ferrantraite / Getty ImagesVirginia -

Annual cost of living: $53,677

Emergency fund for 3 months: $13,419

Emergency fund for 6 months: $26,839

Emergency fund for 12 months: $53,677

Explore More: Here’s the Cost of Living in Every State

Washington -

Annual cost of living: $71,722

Emergency fund for 3 months: $17,930

Emergency fund for 6 months: $35,861

Emergency fund for 12 months: $71,722

ablokhin / iStock.comWest Virginia -

Annual cost of living: $35,406

Emergency fund for 3 months: $8,852

Emergency fund for 6 months: $17,703

Emergency fund for 12 months: $35406

Ultima_Gaina / Getty ImagesWisconsin -

Annual cost of living: $47,618

Emergency fund for 3 months: $11,905

Emergency fund for 6 months: $23,809

Emergency fund for 12 months: $47,618

Ingo Dörenberg / iStock.comWyoming -

Annual cost of living: $49,340

Emergency fund for 3 months: $12,335

Emergency fund for 6 months: $24,670

Emergency fund for 12 months: $49,340

Methodology: For this study, GOBankingRates analyzed each state to find the amount needed for an emergency fund. The cost of living was determined using data from Missouri Economic and Research Information Center, the Bureau of Labor Statistics Consumer Expenditure Survey, Zillow Home Value Index and the Federal Reserve. All data was collected on and is up to date as of April 21, 2025.

More From GOBankingRates

7 McDonald's Toys Worth Way More Today

4 Companies as Much as Tripling Prices Due To Tariffs

Use This Checklist to See if Your Family is Financially Secure

7 Wealth-Building Shortcuts Proven To Add $1K to Your Wallet This Month

This article originally appeared on GOBankingRates.com: Here’s the Emergency Fund You Need To Survive a Recession in Your State

Orign Aricle on Source


Source: AOL Money

We do not use cookies and do not collect personal data. Just news.