Quote:
Originally Posted by Nanners52674
If you take your $13,000 a month figure thats still a yearly income of $156,000 and would allow each member of the 6 person family $26,000 to live off of. In my mind cost of living is factored in automatically I live in Ct where the median cost of a home is $300,000 not as high as say orange county, Ca but still it's not cheap to live here. Granted i don't have children and i live with a family member so rent and utilities are not something in my current budget. But I live on max $100 a week for groceries gas and general spending and most weeks i don't spend all of that.
Maybe im just lost because im only 21 and don't have a family or mortgage or those kinds of responsibilities but i just cant accept the fact that $13,000 is not enough money to live comfortably.
But then again maybe my definition of comfortable is different than yours and thats where the problem lies.
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I live in CT as well, and when you factor in mortgage, insurance, utility bills, taxes, healthcare (even with insurance, things like co-pays for visits and Rx), the odd home improvement (which, depending on the problem, could run you upwards of $10,000), heating for the winter (if needed, whether oil or wood), clothing, and a number of other factors, those numbers go up quite a bit.