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Old 11-18-2015, 08:58 PM
 
88 posts, read 163,833 times
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Assume a family of 4, double income, and inside the beltway. Given your current lifestyle, how much do you think you and your spouse would need to make to be able to live a comfortable middle class lifestyle?
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Old 11-18-2015, 10:28 PM
 
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200K minimum.
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Old 11-19-2015, 05:36 AM
 
Location: East Coast of the United States
15,716 posts, read 18,305,323 times
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Quote:
Originally Posted by AdumaU View Post
Assume a family of 4, double income, and inside the beltway. Given your current lifestyle, how much do you think you and your spouse would need to make to be able to live a comfortable middle class lifestyle?
For most families, it's not that practical to live inside the beltway. You're going to end up sacrificing in some way or another.

Heck, even many places outside the beltway are prohibitively expensive.
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Old 12-08-2015, 12:03 PM
 
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I just asked 3 friends (who live in Bethesda (MD), Olney (MD), and Alexandria (VA).
All 3 have families to raise.
Bethesda said $250k
Olney said $225k, but $250k if you want to be able to thrive/take nice vacations
Alexandria said $300 to $325k

I find these numbers shocking (but, then I live in Texas).
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Old 12-08-2015, 03:00 PM
 
Location: DC
2,037 posts, read 2,149,230 times
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Quote:
Originally Posted by Chriz Brown View Post
200K minimum.
Yup..inside the beltway close to $200k, probably more. No kids, things drop quickly, $100k for a couple becomes doable. But kids really do make things much more costly. The areas with good schools are much more expensive, it is as simple as that. DC is a very easy area to live in if one is a DINK and professional.
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Old 12-08-2015, 06:53 PM
 
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My guess would be for a family of 2.5 kids, you would need at least 300K to live in a decent neighborhood and cover all family expenses. Perhaps you would need more, depending on your extra curriculars.
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Old 12-09-2015, 08:57 AM
 
Location: East Coast of the United States
15,716 posts, read 18,305,323 times
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Quote:
Originally Posted by Mod_Momma View Post
I just asked 3 friends (who live in Bethesda (MD), Olney (MD), and Alexandria (VA).
All 3 have families to raise.
Bethesda said $250k
Olney said $225k, but $250k if you want to be able to thrive/take nice vacations
Alexandria said $300 to $325k

I find these numbers shocking (but, then I live in Texas).
This is very inaccurate. Bethesda is FAR more expensive to live in than Olney for sure and probably Alexandria too.

Your friends in Olney and Alexandia don't know what they're talking about.
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