2007-09-24 11:52:46 · 12 answers · asked by aff501 1 in Business & Finance ➔ Personal Finance
I live in Idaho, and the average salary is around 30-35K. So 50K is a pretty good salary.
2007-09-24 11:58:58 · answer #1 · answered by betatesterwood 3 · 1⤊ 0⤋
It all depends on WHERE YOU LIVE. Let me explain. I live in Springfield, Mo. It's the third largest city in the State. The cost of living here is lower than the front cowl on a tight hugging Nascar. IF, I made that, since I'm single, let met enlighten you. I'd have a NEW Pontiac 400 hp. GTO. I'd have an apartment in an area you could leave the keys in the car. I'd be wearing new wardrobes. Pretty ladies here are undescribable. That's called demographics. In New York city, school custodians earn about $50,000 a year. They are border line POOR. They'd have to car pool. And be real street wise, to get by. WHERE DO YOU LIVE?? That's the whole calculating key, to answer your question fairly. In Springfield, I'd be shopping for a Harley, just to make sure things went well, on nice days. I'd still have enough left over to that comfortably.
2007-09-24 19:08:15 · answer #2 · answered by Dennis B 5 · 0⤊ 0⤋
Aff501
You can live very very good with 50 k in any where you like ,
On One Condition , always be medium in spending , i mean
always the neceary come first and try to reduce the rest , &
You can be in California too , it is not a miracle to do this in
California , A Lot of People have a very good living by less
than 50 k , and You can too . . .
Just Use Your Mind Pretty & You will achieve Wonders ;-)
Cheers
2007-09-24 19:18:37 · answer #3 · answered by S a l m a 2 · 0⤊ 0⤋
You can afford a $50,000 lifestyle, but the question is DO YOU WANT TO?
Depending on how many family members there are, spending varies greatly. But if it were up to me. I'd live on $25,000 a year and save the rest. I dont want any debt, any loans, any nice car, or own a house if I'm working my *** off to pay for it (and not be in it to enjoy it)
2007-09-24 19:00:27 · answer #4 · answered by Smartass 4 · 1⤊ 0⤋
Depends where you live? Do a google search for standard of living calculator. It would also depend on your mortgage/rent payment, are you married? kids? But honestly, overall it would be a modest standard of living
2007-09-24 18:58:03 · answer #5 · answered by tigerbaby76 5 · 1⤊ 0⤋
Depends on where you live. If you're making 50 grand in central Mississippi, you can live pretty high on the hog.
If you're making 50 grand in Manhattan, NY or Novato, CA, you can sleep in doorways.
2007-09-24 18:57:21 · answer #6 · answered by Stuart 7 · 2⤊ 0⤋
It depends on where you live. That's pretty common for where I live, but it's fairly well-off in other places. =3
2007-09-24 19:01:09 · answer #7 · answered by Noble Poet 2 · 0⤊ 0⤋
Depends on where you live. Won't be so great in California, but you can do pretty well for yourself in the South.
2007-09-24 18:55:37 · answer #8 · answered by gaelicspawn 5 · 2⤊ 0⤋
depends on where ya live in rural oklahoma you could live like a king in newyork you would barely get buy on 50.000 a year
2007-09-24 18:56:38 · answer #9 · answered by jim w 5 · 2⤊ 0⤋
That is completely dependent on where you live.
2007-09-24 18:56:04 · answer #10 · answered by Rick D 3 · 1⤊ 0⤋