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.
That is plainly untrue
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