Minimum HHI to have a baby in this area
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Anonymous
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In your experience, whats the minimum HHI you need to have a baby here?
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Anonymous
| You don't need money to have a baby. |
Anonymous
You know how babies are made? |
Anonymous
| Ridiculous question. |
Anonymous
| WTF is going on here lately? |
Anonymous
| People have children on a broad range of incomes. It depends very much on the lifestyle you wish to have. House size, commute length, school quality are all big factors. |
Anonymous
| We bought a house with 80k hhi in DC a couple years ago. Not the best part of town, but it gave us a shot to lottery into a good school and live comfortably within our means. We have awesome commutes. I think finding an affordable place to live is the biggest issue. Once you settle that it's easier. Are you willing to live in a less desirable part of DC? I didn't find suburbs to be much more affordable. |
Anonymous
| 125k per child |
Anonymous
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Depends on where you want to live.
I'm a single parent who makes about $100K and it was tight during the daycare years, in part because I work in DC and bought in N. Arl to cut my commute. $2,500 mortgage plus $1,300/mo daycare made things tight. Once my child was in elementary, it got a bit easier. We use aftercare ($327/mo) and camps ($400/wk x 12) but activities got more expensive. There's also the clothing issue, since kids often grow fast enough that you replace their entire wardrobe twice a year. |
Anonymous
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HHI of $275k with 1 child. Things aren't tight, we buy what we want, when we want. However, we do still use coupons and buy used toys that show little wear to save $$.
The costs of Daycare affected how much we were saving per month, otherwise, we don't feel any financial burden. Commute is normal, house is 900k. |
Anonymous
| We waited until 300k because lifestyle is extremely important to me. |
Anonymous
| We had about $90K when we had our first, but we'd bought a house we could afford on that single income because we knew one of us would stay home in the early years, so we didn't have childcare expenses. |
Anonymous
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We lived on about 40K/year when DC1 was born. |
Anonymous
| You need at least an Executive level income in order to have a child. |
Anonymous
| Depends on what your insurance copays are. |