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Reply to "Study shows that 350k/year is barely scrapping by as middle class"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Middle class people do not own $1.8m houses. Nor do they spend $24,000 on preschool. Or $2,000 a month on food. What a stupid article. [/quote] I think the spreadsheet is realistic--whether you call it middle-class or not. COL in DC is high and 24,000$ for two-working parents is the norm here.[/quote] Yes, COL in the DC area is high. Hard to get around the high cost of daycare and early education. But why am I able to be happy and have money left over in our $600k townhouse while others need a $1.8m new construction? We could probably get approved for a $1.5m mortgage, but we aren’t that foolish. [/quote]
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