Cerulean
Ideal_Rock
- Joined
- Sep 13, 2019
- Messages
- 5,078
No. It's only 31k @2080hr/yr.
Where I live at $20 at hour, a rent or mortgage of 1200.00 is 36% of gross wage. Alone.
45K is the adjusted poverty line for a family in my area.
Actual 'middle class' as Americans think it is (with 50's buying power, owning a home/car/investments/vacations/affording higher education) @120k or more.
Only 10% of American households make over 118k.
I think so many Americans are fed up with working their keisters off an not even being able to keep their heads above water.
With student loan debt also being a factor, so many people just can’t afford to live. Not lavishly…I mean just live.
The low-income threshold in Chicago where I live is $67,700. (It’s not the same as poverty line..but it sure as heck paints a picture).
In major cities like San Fran, NYC and LA to be “middle class” you are well above six figures, and if you want a family…think $250k+. It’s appalling at how much tuition, housing and food has gone up compared to wages. Inflation right now is making it even worse!