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Old 09-20-2007, 02:53 PM
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Join Date: Sep 2007
Location: Bahston
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BlueSkyHoliday is on a distinguished road
Default Income vs Cost of Living on Long Island

Most of the posts I've read here re: the supposed minimum salary requirements to live on Long Island 'without strugging', seem to be geared towards families with children, or young couples who will be having children in the future. I haven't seen any opinions about the 'minimum salary needed' for older couples (late 50s and older) who are in a different situation entirely.

In your opinion as a current Long Island resident: Would a couple whose income AFTER TAXES is in the $45-50,000 range, their children grown and living elsewhere, NO DEBT (no mortgage, no auto loans, no credit card debt) WHATSOEVER, no expensive vices and who live a quiet stay-at-home lifestyle by personal preference, be able to afford to live in an all- or predominately-white upper middle class area of Suffolk County without 'struggling' as most people on this forum define that term? This presupposes property taxes of approximately $10,000/yr and home/auto insurance costs of approximately $5000/yr.

Logically this should seem quite possible to do on Long Island, given the conditions I describe above. Do you agree, and if not, please explain in detail why not. Thanks for all input!
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Old 09-20-2007, 03:35 PM
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Glad2BHere will become famous soon enoughGlad2BHere will become famous soon enough
Absolutely.

I have know many people I used to work with/family members in that age bracket, in that exact position. For those who also now get SS, they are really living very comfortably. I know some who are hiding their money in their mattresses, lol.
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Unread Yesterday, 10:16 PM
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smaselvis is on a distinguished road
if you have a stay at home life youll just get by...but it might be worth it..longisland is not a good place to raise kids anymore but people in there 50s withno kids that NET,1000-1200 a week can have a nice life on long island,
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