Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I'll probably end up just a bit under $100k in total income this year between my regular job and crypto. I live in a low cost of living region in TN.
Financially, I'm doing alright - I have a bit over $100k in retirement savings. I just bought a heat pump in July, so that depleted a lot of my savings. House payment is $675/month. Car payment is about that - ended up having to get a car last year that was not expected.
It takes a lot to live. I wouldn't feel comfortable on anything less than $50k or so.
Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
44,566 posts, read 81,147,605 times
Reputation: 57777
Here the median family income is $168,000, and the median home price is $1.39 million. Someone buying a house at that price on the median income is not going to be rich by any means, possibly even struggling with the house payment ($6,000/mo) and $13,000/year property tax, close to 50% of their income before utilities and maintenance.
I stopped reading BI years ago, and looks like I made the right decision.
Couldn’t agree more.
Extremely liberal, low on content, high on click bait nonsense
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
