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Reply to "What is considered a high income for millenials? (18-34)"
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[quote=Anonymous][quote=Anonymous]Older millennial here and we make about 200k combined. Our incomes are more than twice that of our parents at our age, but our standard of living is much lower, mostly because we are saving up for a decent home in a good school district - our parents were able to afford that by the time they were in their mid-20s! [/quote] This. We make about the same. We live in Middle Arlington in a cottage. Our parents could afford bigger homes, but we chose to live close in. We've got neighbors who made less at our ages but bought in the late 90s so have much more cash now. Child care is subsidized, and makes it possible for us to live there, but it keeps one of us in a job we don't always love.[/quote]
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