• SeattleRain@lemmy.worldOPM
      link
      fedilink
      English
      arrow-up
      5
      arrow-down
      3
      ·
      6 months ago

      Renting a single family home in almost any city can top 40k a year easy. And no, it’s not anything near luxurious.

    • Wwwbdd@lemmy.world
      link
      fedilink
      English
      arrow-up
      1
      arrow-down
      1
      ·
      edit-2
      6 months ago

      No kidding. I picked a random city in Michigan, found a nice house, new build for $390k. Mortgage is 2,652/month, which leaves $75,176 for necessities. Barely $6000/month for food, electricity and the lease on two lexii? That’s not living

      Ok, even if I take out income tax with no tricks to bring it down, take home is 160k. 80k/year on necessities, 48k after housing is taken out. 4000/month for utilities, food, car and gas? There’s no sense breaking down a “comfortable” budget of necessities after that, this whole thing is out to lunch, as far as Petoskey Michigan is concerned