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Reply to "What's a decent household income to live in Bethesda?"
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[quote=Anonymous]Thanks for the replies...i am venting a little bit here but i would like to find out what i am doing wrong. $350k per year is about $14.5k per month after taxes Mortgage: $3800 and that's low because of the fixer upper house 2 kids in day-care: $4000 (only 1/2 now since we dont have the 2nd kid yet) 2 cars: $600 Student debt: $600 Bills: $600 House cleaning: $300 that's less $5000 left per month, which would be ok if we didnt eat out and go on trips now and then. We may be doing too much of that... We also spend a lot on our house because it is a fixer-upper. The bottom line is that after all these years and all the work trying to do the right thing, we are barely making end meet. Another thing i am trying to do is figure out why this area is so expensive, this way at least i could get something out of living here. By the way, I just went on zillow and searched for 4 BR+ homes for less than 800k and 10 houses came up, all in need of work. [/quote]
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