Reply to At what HHI did you stop feeling middle class?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The idea of socioeconomic class around here creates confusion as realistically the average HHI is significantly higher than elsewhere in the nation or even abroad. We are among the richest people in the world, here in the DC area. And yet when you look at your life, living in a small townhouse in a regular suburb driving a practical car like Subaru and sending your kids to public school, you feel like you’re just another regular American. The money doesn’t go far. A young couple bringing in 250k feel less than when really that’s top income globally.

At what point do you feel, well, not middle class? [/quote]

400k[/quote]

My husband and I make $435 and I feel very middle class (we are in our mid 30s). I’d say closer to $600K. [/quote]

What makes you feel middle class at your current income? I’m guessing you have (or could have) a nice house in a good school district and/or private school, you have a large grocery / eating out budget, you buy all the things your family needs, you go on regular vacations, you have two cars at least one of them less than 5 years old, you save a lot for retirement (probably max your 401k/tsp/IRA/etc…)

What’s missing from your life?

Genuinely curious because I’m at that level and have the above which feels pretty comfortable. [/quote]

For me it’s the vacations. Middle of the road hotels feel middle class now. [/quote]

You could easily spend $10-30K on  vacations a year.  [/quote]

This makes sense, our vacation spend has increased a lot over the last 10 years. We stay in nicer hotels, eat at nice restaurants, buy new clothes for the trip, etc… definitely adds up more than it used to.[/quote]

Oh my... you don't get you are rich?[/quote]

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