What is the maximum a family of 4 can make annually while still being considered poor? (according to your personal conception of 'poor')
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If you have lived in Switzerland or Sweden or Netherlands for a while: a family of four with income sub ~60-80K in the US is poor. You won't be able to afford living in a good city plus pay for good healthcare, good schools, good housing, retirement etc. US middleclass is >200K?
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Even 50 k is just 25 per adult per year, which is poor AF, depending on where you live
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all of the above are definitely poor for a family of 4. yeah 15 is WAY WORSE than 45k but holy shit. none of those are enough for a family of 4 to live on without extreme money worries, in my opinion 😔
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It's really a shame there's isn't a good, well-known way to represent "excess income after local cost of living".
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I said 35k after googling this, but it would depend on your city. healthcare.gov/glossary/feder
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It really depends on their costs. 25k in Manhattan vs Montana will be very different
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Location is so inportant to USA for this.. as people on expensive east coast like nyc, Boston, DC will tell you one person making less than 60k is poor...
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This is the most interest question you ever made.
To me, 15k dollars annually is a rich family, if we put 15k R$ wich is the Brazilian currency the family will be poor but not that much, my family makes something between R$ 35 and 45k annually and we live a normal life.
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