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Reply to "How much annual income needed to raise 2 children in D.C?"
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[quote=Anonymous][quote=Anonymous]My apologies if this question has already been asked. I'm trying to plan my future here. Whether it's a single income or dual income household how much is needed to raise 2 children while living in D.C. I'm referring to reasonable needs only and not luxuries like annual vacations, expensive cars, ridiculously expensive house, expensive private schools etc. What's the bare minimum you should earn to raise 2 children without living paycheck to paycheck in a safe neighborhood with good public schools. [/quote] Washingtonian Magazine did a feature on this topic once (maybe annually for a while) I think they came out at $400K as a bogey to hit what most would say is the benchmark here in our area --- two kids in private school, annual vacation, inside the beltway house, charitable giving, club sports, etc..[/quote]
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