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this post was submitted on 21 Jan 2024
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What is that like 40, maybe 35k after taxes?
$52k before taxes, about $41k after. It's an ok wage a lot of places but I defniitely wouldn't call it a "life of luxury" anywhere in the U.S. and I'm from one of the LCOL places in the U.S., the midwest.
You definitely won't starve but you're also not going to retire early.
Most of us consider not living check to check as living a life of luxury.
$50k is still very much working class. Yeah you own a car but it's a 7yr old Nissan sedan, nothing luxurious about it. At $50k you're not missing that many paychecks before it becomes a very real issue I promise.