2007-01-23 05:04:45 · 6 answers · asked by burlingtony 2 in Business & Finance ➔ Personal Finance
I live in maine and I think to live comfortably a family of four needs at least 60,000 a year to pay bills.
2007-01-23 05:08:06 · answer #1 · answered by haileybeth79 3 · 1⤊ 0⤋
In my area I would say around $60,000 per year. However, it depends on your needs. Your living expenses should not exceed 50% of your income. I could just as well live in an apartment and drive a less expensive car with lower insurance rates which would greatly decrease my expenses. Of course, all of this depends on what this information is used for. I live in Houston and we have a much lower cost of living than say Chicago or Los Angeles. So, although $60,000 might be comfortable or $30,000 might be comfortable, it will be different depending on your needs and where you live.
2007-01-23 05:52:56 · answer #2 · answered by Sunny_1_ 3 · 1⤊ 0⤋
This would all depend on where you live. For example, in the Boston area, you would need to have household income of at least $100K to have the basic, yet non-extravagant, suburban life.
2007-01-23 05:10:07 · answer #3 · answered by K Dog 2 · 1⤊ 0⤋
In the Norfolk-Virginia Beach, VA area, a very minimum of 70k a year could be considered comfortable for two people. This is mostly because the median VA Beach home price is over 300k.
2007-01-23 05:09:02 · answer #4 · answered by M O 6 · 1⤊ 0⤋
Two Thousand dollars but hey it is a low income area and in New york you would have to triple that and then some, and my home is paid for so that would enter into the income.
2007-01-23 05:08:26 · answer #5 · answered by Gypsy Gal 6 · 1⤊ 0⤋
I would say at least $75K in Colonial Heights, Virginia
2007-01-23 05:08:59 · answer #6 · answered by saveit 4 · 1⤊ 0⤋