I consider $100k to be minimum wage in Seattle. It was just enough to not be constantly money stressed as long as I was living modestly. I could see doctors, invest in hobbies, have choices in food, build savings/retirement. Could not eat out every day, buy a house any time soon, or impulse buy particularly expensive stuff. Any time I made less than $100k here I felt like I was always two steps behind, at about that salary my life stopped focusing on scraping by. I make more now and I feel like I’m actually thriving here. Still quite a difference in what I’d consider to be middle class though like there’s no way I can get a house here and I’d for sure be much worse off if I had kids
It’s just amazing to see the difference to where I live in Europe. I’m below 100k, but our income is considered quite high and we just got a large-enough house for our family of five about 30 minutes (by car) away from our jobs. It’s staggering. Even more so if you consider that wages are said to be too high to be competitive.
I consider $100k to be minimum wage in Seattle. It was just enough to not be constantly money stressed as long as I was living modestly. I could see doctors, invest in hobbies, have choices in food, build savings/retirement. Could not eat out every day, buy a house any time soon, or impulse buy particularly expensive stuff. Any time I made less than $100k here I felt like I was always two steps behind, at about that salary my life stopped focusing on scraping by. I make more now and I feel like I’m actually thriving here. Still quite a difference in what I’d consider to be middle class though like there’s no way I can get a house here and I’d for sure be much worse off if I had kids
It’s just amazing to see the difference to where I live in Europe. I’m below 100k, but our income is considered quite high and we just got a large-enough house for our family of five about 30 minutes (by car) away from our jobs. It’s staggering. Even more so if you consider that wages are said to be too high to be competitive.