PG I understand what you are saying but add this up if both parents work in this situation it will cost avg. 130.00 per child a week in day care so that is over a thousand a month in child care. After taxes one that makes 37 k may get 1800.00 a month give or take a little depending upon how you claim your taxes
To rent a house here will cost you $1400.00 a month and that is 1300 sq. ft. home 3 bed.
Car payment for both, gas, groceries, gas etc to equate this with wealthy , rich or even well off is crazy. Now If I lived in some areas of NC and made 75 k i would be doing better for sure because it is much cheaper but it still would not be rich.
It is barely middle class. Dont misunderstand I am not saying it is poor by any means but it surely is not rich. When you add taxes in everything 100k is not rich. Everything is relative and I feel well off would be 250k or higher but that would still depend on where you live.
As I said in a two income home if each just makes 37k a year then they are in that bracket. so if two cops were married they would be considered rich
Just a thought, im not implying what i make, but making a observation also add other things in this college etc
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