It's a middle class income for a family. Quite comfortable! Very comfortable! ...but not remotely "rich".
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Replying to @MorlockP @eigenrobot
Top 5% of wage earners is not remotely "middle".
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Replying to @MattCropp @MorlockP
might be when you adjust for local cost of living
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Replying to @eigenrobot @MorlockP
To a certain extent, but there's a lot of lifestyle inflation at play in those situations, too. Feeling entitled to sending kids to private schools, etc.
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I was a fac brat in a prep school, and I distinctly remember a certain classmate claiming to be middle class by referencing the cost of yacht sails as a burden. His sister threw a tantrum when the family got a A4 rather than an A8, b/c "that's what poor ppl drive".
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Replying to @MattCropp @MorlockP
I mean full context I earn more than 200k in Seattle its comfortable but not, you know, /comfortable/ I don't own a car, I have no idea how I'll ever afford a down payment on a house here Possibly I oversave idk But I surely dont feel RICH
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This is so weird to me, me and my wife's combined income doesn't break 6 figures and we apparently live rather more comfortably than you, entirely based on location.
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I suspect that there are two things (as there are w my own situation vs Eigen): 1) cost of living for some things (e.g. housing ) is much much lower 2) definition of normal / reasonable is different
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quick breakdown rent is 2400/mo student loans 650/mo utilities etc maybe 200/mo after savings taxes etc my monthly takehome is ~6.25k, so end up with maybe 3k/mo to spend on other stuff after fixed costs i have some slack, but I can't spend willy-nilly
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Replying to @eigenrobot @MorlockP and
> rent is 2400/mo someone who is good at the economy please help me my family is nonexistent
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2BR/1BA get to walk to work also feels absolutely luxurious compared to NYC or bay area
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