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Reply to "How much annual income needed to raise 2 children in D.C?"
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[quote=Anonymous]If you're willing to forgo vacations and drive one really old car and not really save for college, then 150K is doable. This assumes that you need to live in or near the city for commuting purposes, as you'll need to spend close to $800K to $1mil for the good schools in a good neighborhood. If you can live anywhere in the DMV, and live really far out, you can do it for less, but I would think that less than $100K would be tough to not feel like you're living paycheck to paycheck, even with a much lower mortgage.[/quote]
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