So where is that place, where the cost of living fully eat up a 250k salary, or even a 100k salary? And by eating up i mean actually living paycheck to paycheck, not as given in the examples enjoying many small luxuries that add up, but are not realised as such.
Considering less than 10% of American households earn above 250k I’d say not many (if any) for that range, but 100k a year? That is definitely not enough to live in some big cities in California. SF, LA, SD to name a few. I know New York is also very expensive at 100k.
Again, can’t speak for 250k, 250k is still a lot of money in a year. It might not go as far as it used to, but it’s still good money.
So where is that place, where the cost of living fully eat up a 250k salary, or even a 100k salary? And by eating up i mean actually living paycheck to paycheck, not as given in the examples enjoying many small luxuries that add up, but are not realised as such.
Considering less than 10% of American households earn above 250k I’d say not many (if any) for that range, but 100k a year? That is definitely not enough to live in some big cities in California. SF, LA, SD to name a few. I know New York is also very expensive at 100k.
Again, can’t speak for 250k, 250k is still a lot of money in a year. It might not go as far as it used to, but it’s still good money.
https://www.sfgate.com/local/article/under-100k-low-income-san-francisco-18168899.php