Reply to Does having a 'six figure' salary mean what it used to mean?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I was contemplating this earlier today. I remember growing up it was an expression like, 'so and so got to six figures' as a big compliment. I make about 110k so just over the line but don't feel like I am THAT much better off than the people around me. It doesn't seem like it really means what it once did.[/quote]

It does everywhere except East and West Coast.  When you can buy a 4,000 sf home in the best school district for under $400K, then yes, a six-figure salary means something.  When you can only buy a shoebox with a less-than-impressive school - then no. Not so much.  
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yep. It's all relative.  [b]To a lot of people living in a 3rd world country, $40K/yr is a lot.[/b][/quote]

I know what you are saying but that's not a fair comparison. COL at those countries are many, many times lower. [/quote]

Not really. They just have lower housing expectations and such. If you want to recreate your life here (schools, houses, safety etc) it wouldn't be that much cheaper. [/quote]

Bullshit. My in laws had a salary like that in the developing world and 4 full time domestic staff. [/quote]

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