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re: Is a family of 4 that earns 97k/year middle class or upper class, on average?
Posted on 3/27/17 at 6:08 am to StringedInstruments
Posted on 3/27/17 at 6:08 am to StringedInstruments
quote:
Car insurance ~250/month Utilities ~250/month Food for four ~1000/month Gas for cars ~150/month Phones for four ~150/month Internet ~75/month Necessities (clothes, haircuts, etc) ~100/month TV/Entertainment ~$100/month That's $3600 out the door for a typical middle class lifestyle leaving about $2000 for savings, retirement, college savings, vacations, incidentals, fun/dates, and any miscellaneous expenditures. No one in the upper class is having fun with only $2000/month. EDIT - I didn't even factor in health insurance. How much does the employer provide? This post was edited on 3/26 at 10:25 pm
Forgot about Health insurance. Big chunk!
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