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Started By
Message
re: Cost of Living & Salary Requirements
Posted on 3/7/23 at 2:26 pm to StringedInstruments
Posted on 3/7/23 at 2:26 pm to StringedInstruments
quote:
My wife and I make $140k/year combined and have a $1200/month mortgage (including PMI and insurance).
No way someone making $41k should be paying almost $1500/month for rent or mortgage.
When did you buy a house?
Posted on 3/7/23 at 2:26 pm to StringedInstruments
quote:
No way someone making $41k should be paying almost $1500/month for rent or mortgage.
Correct
Posted on 3/7/23 at 2:26 pm to FIREAWAY
quote:
Anyone making less than $50,000 per year cannot afford to live in America.
In 2008, my wife and I had a gross income of $38k with a baby. It fricking sucked.
Posted on 3/7/23 at 2:27 pm to FIREAWAY
quote:
Single
$3,503.50 Mortgage
$350.35 Electric
$035.03 Water/Sewer
$503.50 Food Cost
$35.03 Internet
$503.50 Cell Phone
$3,503.50 Health Insurance
$350.35 Car Note
$0350.35 Car Insurance
$035.03 Fuel
$5.0 Roku
Total
$3,503.50 /Month
$350,350/Year
Posted on 3/7/23 at 2:27 pm to GetCocky11
quote:
When did you buy a house?
Exactly. I built for 140/ft last year.
Ain't cheap.
Posted on 3/7/23 at 2:27 pm to FIREAWAY
quote:
Single
$1,427 Mortgage
Move out the city.
Posted on 3/7/23 at 2:28 pm to GreatLakesTiger24
quote:
because you want to buy a house?
Yeah, and I want to buy a Ferrari, but I can’t afford one (if I’m being responsible), so you know what? I didn’t buy one
Posted on 3/7/23 at 2:28 pm to DCtiger1
quote:
Give me fricking break. I lived in DC for three years making 33k
When
Posted on 3/7/23 at 2:28 pm to FIREAWAY
That’s $40k clear gotta rough at least $60k to survive with those expenses if single and none filing status
Posted on 3/7/23 at 2:28 pm to StringedInstruments
quote:
My wife and I make $140k/year combined and have a $1200/month mortgage (including PMI and insurance).
No way someone making $41k should be paying almost $1500/month for rent or mortgage.
Just curious on your square footage and when you bought the house. Our mortgage with PMI and insurance is about $1500 a month and that was buying before the COVID housing boom.
If we purchased now, our mortgage would be closer to $2,000 a month.
We left an 2 br/2 bath apartment, with no big amenities, whose rent was going up to $1500 a month (we were paying $1100) when we ended the lease.
This post was edited on 3/7/23 at 2:29 pm
Posted on 3/7/23 at 2:28 pm to dbeck
Not commenting on the other numbers but lol at the fact you have a line item for Roku in the cost to “live” in America
Posted on 3/7/23 at 2:29 pm to FIREAWAY
quote:
FIREAWAY
Lives in fantasyland.
especially if you are making $50K...
Mortgage is WAY off.
elec is off
food is WAY off
internet is off
fuel is off.
what ever happened to making good financial decisions on your own?? you NEED very little in this world.
Posted on 3/7/23 at 2:29 pm to FIREAWAY
quote:
Have you seen what vehicles cost now? They ain't $350 anymore baw.
If you’re poor, you should drive a poor person’s vehicle. You shouldn’t drive around a new vehicle if you want to cry about being poor.
Posted on 3/7/23 at 2:29 pm to jamboybarry
quote:
Not commenting on the other numbers but lol at the fact you have a line item for Roku in the cost to “live” in America
I call that living.
Posted on 3/7/23 at 2:30 pm to StringedInstruments
quote:
My wife and I make $140k/year combined and have a $1200/month mortgage (including PMI and insurance).
Cool, welcome to a brave new RE world.
Posted on 3/7/23 at 2:30 pm to Screaming Viking
quote:
Lives in fantasyland.
especially if you are making $50K...
Mortgage is WAY off.
elec is off
food is WAY off
internet is off
fuel is off.
quote:
Screaming Viking
How so? What numbers do you have.
Posted on 3/7/23 at 2:31 pm to FIREAWAY
Unless you're in a metro area those prices get you a pretty decent quality of life. Folks need to learn how to be poor and quit trying to keep up with the joneses.
Posted on 3/7/23 at 2:31 pm to dukke v
quote:
So you pay over 1,400 in mortgage yet only have a $125 light bill…. I highly doubt this.
My mortgage is higher than that and my light bill is usually right at $100. This doesn't include gas heater or stove though, which is another $50/mo
Posted on 3/7/23 at 2:31 pm to Epic Cajun
quote:
If you’re poor, you should drive a poor person’s vehicle. You shouldn’t drive around a new vehicle if you want to cry about being poor.
Who's crying about being poor? I just listed off the cost of living and salary requirements you should ask for if you want to live and work in America.
Posted on 3/7/23 at 2:32 pm to A Smoke Break
quote:quote:
Give me fricking break. I lived in DC for three years making 33k
When

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