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re: How Much Money You Need to Live Comfortably in the 50 Largest US Cities
Posted on 4/19/16 at 1:50 pm to lsupride87
Posted on 4/19/16 at 1:50 pm to lsupride87
quote:
As a young single guy when I was first out of school, I was in the low 50s and didn't want for anything in NOLA while saving money every month without trying
I'd venture to say that was pre-Katrina.
0
Posted on 4/19/16 at 1:53 pm to lsupride87
quote:
Like I said, terrible with money
What's terrible there? I don't think I over exaggerated any of those figures.
The article didn't say "here's the amount you have to make to cut corners and scrap on by", it said this is what you have to make to "live comfortably". Maybe we have different definitions of what is comfortable.
Posted on 4/19/16 at 1:54 pm to Epic Cajun
If you find a roommate or cheaper house, cut cable, and don't blow $500 a month on food that person is living significantly cheaper. Add in a paid for car and we're talking a good bit better of a situation.
This post was edited on 4/19/16 at 1:55 pm
Posted on 4/19/16 at 1:55 pm to SlowFlowPro
I would have thought san fran would have been more, but I guess that depends on what clarifies as comfortable
Posted on 4/19/16 at 1:56 pm to SlowFlowPro
quote:My arse.
DC $83,104
Posted on 4/19/16 at 2:11 pm to Teddy Ruxpin
makes sense
I still think, over a short time, you'll increasingly devalue the overall importance of proximity to downtown as you both get more comfortable with navigating the area
even with the madness, on a $3k monthly spend, you're going to find something really nice this time next year
I still think, over a short time, you'll increasingly devalue the overall importance of proximity to downtown as you both get more comfortable with navigating the area
even with the madness, on a $3k monthly spend, you're going to find something really nice this time next year
Posted on 4/19/16 at 2:14 pm to Ostrich
quote:
Wtf? You renting a 4000 sqft house in Westlake?
$3,000 a month is pretty good for central Austin in anything decent with a yard. Bryker, Oakmont, Rosedale, Allandale, Hyde Park, Brentwood, Crestview... anything around 1,500+ that isn't falling apart is going to be about $3K.
Posted on 4/19/16 at 2:15 pm to Uncle Stu
quote:
you'll increasingly devalue the overall importance of proximity to downtown
Have you met my wife? Not a morning person at all
Waze is my friend right now. Every time I leave the house I think about how I'd probably have to call 911 to get home if it broke.
Posted on 4/19/16 at 2:15 pm to SlowFlowPro
quote:
Dallas $55,651
Go like 20 minute north and cut that figure by $20k
Posted on 4/19/16 at 2:15 pm to RogerTheShrubber
quote:
Yep, I know lots of folks who make 50-60k a year and do fine in Seattle.
It's almost as if I didn't edit my post.
Posted on 4/19/16 at 2:16 pm to TH03
quote:
Go like 20 minute
in any direction
Posted on 4/19/16 at 2:17 pm to Navytiger74
Guess it depends on what you call comfortable. The majority of people in almost any city in the US aren't making much more than 50 (household income)
Posted on 4/19/16 at 2:18 pm to 777Tiger
True, but north is best.
Posted on 4/19/16 at 2:21 pm to Teddy Ruxpin
quote:
Every time I leave the house I think about how I'd probably have to call 911 to get home if it broke.
all things considered, Austin is pretty easy to get around, compared to other big cities
one you draw a square around the city in your mental map
183, 71, 35, Mopac
NSEW
everything falls into place
Posted on 4/19/16 at 2:22 pm to NIH
quote:
If you find a roommate or cheaper house, cut cable, and don't blow $500 a month on food that person is living significantly cheaper. Add in a paid for car and we're talking a good bit better of a situation.
I was approaching this from the viewpoint of a single "young professional", just out of college.
Living with another person is not what I would call "comfortable". Cable would be part of "comfortable" living. If you just graduated, chances are you vehicle isn't paid for. $500 for food really isn't that much.
Maybe we're using different definitions of comfortable. Cutting corners, and scraping on by is not what I consider comfortable. Sure, you could cut cable, ride a bike everywhere, have a roommate, and eat Totino's pizza every night, while living off of 35k, but I don't consider that living comfortably.
This post was edited on 4/19/16 at 3:59 pm
Posted on 4/19/16 at 2:24 pm to SlowFlowPro
quote:
DC $83,104
No fricking way
Posted on 4/19/16 at 2:26 pm to Lakeboy7
too low? you're the 2nd person to say that
Posted on 4/19/16 at 2:28 pm to RogerTheShrubber
quote:That's true, but most white collar households are. More and more are dual income. And that figure in DC is heavily skewed by young staffers and kids fresh out of college with roommates, beater cars that their parents bought them, etc. They make a lot less than that, but they aren't actually maintaining a household.
Guess it depends on what you call comfortable. The majority of people in almost any city in the US aren't making much more than 50 (household income)
Scrap them and the household income goes way the hell up; costs have followed. Government workers and military are very well paid by national standards, but if you're not in a dual-income family and are pulling anything in that range (say you're single and pulling between $85K and $110K, which I'd say is about average for your unmarried officers and senior NCOs who might be stuck here for a couple of tours) I wouldn't say you're "living comfortably" in this area. I mean you're not hurting. But if you're living in a nice part of town (or out in the sticks because you wanted some space), have a relatively new car (mine's been paid off for 5 years), eat out pretty routinely, save a bit, and try to travel, you're right inside your budget. Expenses naturally add up fast in an area where the median home costs almost $500K.
Posted on 4/19/16 at 2:46 pm to SlowFlowPro
quote:
too low? you're the 2nd person to say that
Way low, DC is brutal.
Posted on 4/19/16 at 2:48 pm to SlowFlowPro
quote:
too low? you're the 2nd person to say that
I pay more in rent in DC than my sister does in SF. The rental market is brutal. Generally not San Francisco or New York bad, but very close.
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