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$50,000 isn't a lot...for NYC. I've known people who were paid $100K in the city (still, not much for the city), and moving to the South or Midwest resulted in a 50% pay cut...and guess what? They're able to make ends meet! What about in Mississippi, where the per capita income is somewhere in the high teens? 50K is almost wealthy in some areas. Let's not forget--the cost of living, and resultant income, is much higher in NYC than in most other areas of the country.
In my hometown, which has a cost of living 50% lower than that of NYC, teachers start out at 50K, and do quite well...especially when there are two teachers in a family. Two teachers living in a gulf-front house is not uncommon.
I may live here, but I totally admit that NYC is not the center of the world.
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