Anonymous
07/17/2013 13:28
Subject: WAMU article -families need $88615 to get by in the DC Metro area
Anonymous wrote:Anonymous wrote:Anonymous wrote:This is why we are moving and it sucks! I was born here and my DH and I are finishing school, and trying to be a family. We both can't work 80+ hours a week.
We went apartment hunting in our new town in a neighborhood with the best schools in the area. We are getting a new 2 bedroom apartment with a new kitchen, walk in closets and 2 bathrooms for $915 a month!!
Our pay is going to be cut a little bit but not nearly enough to make up the difference in housing prices. When they gave us the price of the apartment my DH and I burst out laughing.
Where?? I might want to move there too!
Basically anywhere smaller. Suburbs of Atlanta. Richmond. Florida panhandle. Most of Georgia. Shanendoah valley. Whatever
Pittsburgh. Philadelphia.
Anonymous
07/14/2013 08:12
Subject: WAMU article -families need $88615 to get by in the DC Metro area
Anonymous wrote:Anonymous wrote:This is why we are moving and it sucks! I was born here and my DH and I are finishing school, and trying to be a family. We both can't work 80+ hours a week.
We went apartment hunting in our new town in a neighborhood with the best schools in the area. We are getting a new 2 bedroom apartment with a new kitchen, walk in closets and 2 bathrooms for $915 a month!!
Our pay is going to be cut a little bit but not nearly enough to make up the difference in housing prices. When they gave us the price of the apartment my DH and I burst out laughing.
Where?? I might want to move there too!
Basically anywhere smaller. Suburbs of Atlanta. Richmond. Florida panhandle. Most of Georgia. Shanendoah valley. Whatever
Anonymous
07/14/2013 01:40
Subject: WAMU article -families need $88615 to get by in the DC Metro area
Anonymous wrote:This is why we are moving and it sucks! I was born here and my DH and I are finishing school, and trying to be a family. We both can't work 80+ hours a week.
We went apartment hunting in our new town in a neighborhood with the best schools in the area. We are getting a new 2 bedroom apartment with a new kitchen, walk in closets and 2 bathrooms for $915 a month!!
Our pay is going to be cut a little bit but not nearly enough to make up the difference in housing prices. When they gave us the price of the apartment my DH and I burst out laughing.
Where?? I might want to move there too!
Anonymous
07/13/2013 23:29
Subject: WAMU article -families need $88615 to get by in the DC Metro area
Anonymous wrote:It's 88K gross because it factors in taxes and healthcare. It is for a family of four (2 adults, 2 children).
I'd say it's accurate.
I think it's accurate for families with small kids that require childcare;that cost will drop and eventually go away. Also, this is assuming two working adults (thus the childcare costs)and no employer supported healthcare. The healthcare for my family of three costs about 300 a month.
Anonymous
07/13/2013 16:35
Subject: WAMU article -families need $88615 to get by in the DC Metro area
Our household income is pretty much exactly the $89k quoted, and we are a family of 4. (Kids are 1 and 3). I consider us well off. We have sufficient money to do everything we need to do. We did buy our house ten years ago so have a relatively low mortgage compared to others who purchased more recently, but I feel that we are lucky and much better off than many in the DC area.
Anonymous
07/13/2013 16:34
Subject: WAMU article -families need $88615 to get by in the DC Metro area
Anonymous wrote:Are they going to do a fund raiser for me?
+1
Anonymous
07/13/2013 16:23
Subject: WAMU article -families need $88615 to get by in the DC Metro area
At my previous company, the health insurance is subsidized for just the employee, family coverage costs $900 per month.
So you could get that kind of a salary and have kids in day care and live out of your vehicle. No money left for rent
So you could get that kind of a salary and have kids in day care and live out of your vehicle. No money left for rent
Anonymous
07/13/2013 14:57
Subject: WAMU article -families need $88615 to get by in the DC Metro area
Anonymous wrote:And...you can't make $88K working for Walmart at $12.50/hour even.
Exactly
Anonymous
07/13/2013 13:41
Subject: WAMU article -families need $88615 to get by in the DC Metro area
This is why we are moving and it sucks! I was born here and my DH and I are finishing school, and trying to be a family. We both can't work 80+ hours a week.
We went apartment hunting in our new town in a neighborhood with the best schools in the area. We are getting a new 2 bedroom apartment with a new kitchen, walk in closets and 2 bathrooms for $915 a month!!
Our pay is going to be cut a little bit but not nearly enough to make up the difference in housing prices. When they gave us the price of the apartment my DH and I burst out laughing.
We went apartment hunting in our new town in a neighborhood with the best schools in the area. We are getting a new 2 bedroom apartment with a new kitchen, walk in closets and 2 bathrooms for $915 a month!!
Our pay is going to be cut a little bit but not nearly enough to make up the difference in housing prices. When they gave us the price of the apartment my DH and I burst out laughing.
Anonymous
07/13/2013 13:30
Subject: WAMU article -families need $88615 to get by in the DC Metro area
And...you can't make $88K working for Walmart at $12.50/hour even.
Anonymous
07/13/2013 13:27
Subject: WAMU article -families need $88615 to get by in the DC Metro area
It's 88K gross because it factors in taxes and healthcare. It is for a family of four (2 adults, 2 children).
I'd say it's accurate.
I'd say it's accurate.
Anonymous
07/13/2013 13:11
Subject: WAMU article -families need $88615 to get by in the DC Metro area
Are they going to do a fund raiser for me?
Anonymous
07/13/2013 13:10
Subject: WAMU article -families need $88615 to get by in the DC Metro area
No-it's not net, they list taxes and health insurance as expenses. For child care, they may be assuming school age kids who would only need part time care.
Anonymous
07/13/2013 11:39
Subject: WAMU article -families need $88615 to get by in the DC Metro area
So is this 88k net? Because their monthly expenses added up to nearly $7400 and nobody making 88k gross is netting that. Our HHI is $160k and we net about $8200/month- someone making half that is not netting anywhere near that. Also there is nowhere decent for 4 people to live for $1412 a month and child care for the two kids would run WAY more than $1700/month.
Anonymous
07/13/2013 11:04
Subject: WAMU article -families need $88615 to get by in the DC Metro area
I know the minimum to scrape by in the DC Metro area is always a hot topic of debate. It ranges from $60,000 to $600,000 according to what I see posted on DCUM. If nothing else I found this article to be a good budget check.
http://wamu.org/news/13/07/11/dc_families_need_88615_just_to_get_by_study_says
http://wamu.org/news/13/07/11/dc_families_need_88615_just_to_get_by_study_says