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Reply to "Minimum HHI to have a baby in this area"
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[quote=Anonymous]I would say 100k for the first kid is definitely reasonable. I do think if you already live in a 3 bedroom home (as opposed to a 1 or 2 bedroom where you'd run out of space quickly with more than 1 kid) and are sending your kids to public school that you might see some diminishing income needs for child 2, maybe not 200k but more like 175-180. So maybe it's: 100k for the first kid 175 for 2nd 250 for 3rd This is a bare minimum though. A family of 3 on 100k in this area isn't going to be living in luxury and probably won't be able to save much for college, retirement, etc. if the child is in day care. It might be a different story if the 100k income was all from one parent and the other stayed home by there's still the expenses of activities and eventually pre-school. [/quote]
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