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Money and Finances
Reply to "What is Middle Class....Really?"
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[quote=Anonymous]OP you seem to not understand that even though folks around here make more money, we have much higher living expenses. Our HHI is $180 and we live in DC. Mortgage is $1,800 and we have two kids in daycare at a neighborhood place run in a church basement for $2,400/month, which is pretty cheap for two kids under two in D.C. My older sister and her family live in rural Indiana. Her HHI is $55k. Their mortgage is $300. Until recently they had two kids in daycare as well and that was by far heir biggest expense at $500/month. Point is, our basic living expenses eat up a much larger portion of our income than what my sister's family does, even though we make several times what she does.[/quote]
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