I'm mostly in disagreement about the results.
First, what exactly does 'live comfortably' mean? I think in Idaho...I could live pretty well on $50,000 a year (as long as I didn't have a monthly mortgage payment of $1,200).
A family needing $257,000 in Oregon? Are mom and dad driving a Mercedes each?
This brings to a WaPo story from around 2011....DC/Arlington couple (both in early 50s).....pulling in around $270,000 a year combined, and living paycheck-to-paycheck....unable to really explain how they spent their way through a month.
There's something wrong here....but I can't really put my finger on it.
1 comment:
Looking at the Chart for VA, they show 235K.
CNBC shows Virginia Annual living wage for a family of four: $91,955 That data comes from here.
The Living Wage a Family of Four Needs in All 50 States
https://www.gobankingrates.com/money/making-money/living-wage-family-of-four-needs-all-50-states/
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