does that sounds like a good salary to you?

Question

if you live in Alexandria VA and you make 70000USD and your spouse makes 40000USD will have a comfortable life ? define what comfotable means to you.

Answer 1

God Bless you, YES!!!!!!!!!!!!!!!!

We live on just over your largest income and are very happy with that!!! BUT, we bought our home way before Real Estate values jumped to triple the market prices of 2002!

But, you really need to put about 1/3rd of that away for a "RAINY DAY"!

Answer 2

Not too bad. As of the 2002, the median income for a household in the city was $74,091.The per capita income for the city was $49,553 as of 2001. The average assessed value of a home was $350,620 in 2005.

Money.com lists it as better that average among the best 1300 cities listed in their "Best Places" database.

Comfortable to me means being able to purchase what I need, when I need it, pay all my debts on time and in full, plus have money equal to at least 3 years household GROSS income in reserve, not counting non-liquid investments.

Answer 3

It should mean a comfortable life, but that requires some self control. Comfortable means all bills paid, some being invested for retirement and some to play around with.

Answer 4

You thinking of moving there? You'll have a comfortable life, but 110K isn't HUGE for a couple? Any kids? Still, it IS good money, especially when you look at it statistically against the US population.

Answer 5

Alexandria is pretty expensive... I'd say you'd get by ok, but you wouldn't be living the same lifestyle if you lived in say, the midwest or deep south.

Answer 6

That is very nice. You should never have to worry about money.