Reply to Poverty level is $140,000 for a family. Really.

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Reply to "Poverty level is $140,000 for a family. Really."

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[quote=Anonymous][quote=Anonymous][quote] We (fam of 4) live outside of DC and our HHI is 160.[/quote]

Live outside of DC as in the suburbs, or outside the DC area?  When did you buy your house?  Because this is a key difference - even the lower priced DC suburbs are prohibitively expensive, unless you bought a lower priced house or townhouse when rates were very low and are paying $2000 a month for housing.[/quote]

In the suburbs. Our mortgage is 2500. Single family home. Kids are in public school so no child care costs. I didn’t realize his criteria for poverty- he assumes a 2k mortgage, full time daycare paid out of pocket for 2 kids, over a thousand dollars a month for food, another thousand a month for transportation, and then a nebulous 2k a month for “other essentials”. I don’t know what kind of other essentials cost 2k a month. Sounds like the article is saying “if you live this very reasonable UMC lifestyle of daycare and shopping at WholeFoods and driving 2 new cars, and having thousands of discretionary income each month, you’re in poverty when you look at what’s leftover!  What a ridiculous position. [/quote]

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