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CivilInspector4 t1_j0uoibz wrote

What does 70k for a family of 4 look like?

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allMightyMostHigh t1_j0up9n1 wrote

in a preferably two income family that looking like 100k+ a year which is more than enough to survive in nyc. Hell i know people who do it on less than 40k a year. you do not need to make 6 figure to make it in the city. buying a house is another story.

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NewYorker0 t1_j0uwozp wrote

I agree. My parents ran a family of 4 with $30k at one point, we were perfectly comfortable as we rented an affordable place and lived below our means as everyone should. I also know people who also grew up with similar incomes and were doing okay. If you don’t have a balanced budget that’s on you, stop blaming others.

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SolitaryMarmot t1_j0v8f6x wrote

$40k in 1980 is $144k in 2022 dollars.

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NewYorker0 t1_j0v9epw wrote

I’m not talking about 1980, idk why you’re bringing that up. I lived with $25-30k just 4 years ago.

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SolitaryMarmot t1_j0vahsw wrote

well then that is less than 150% of poverty level and "extra low income" as per Section 8 requirements. if you are on food stamps, Medicaid and section 8 - maybe that shouldn't be the standard for "perfectly comfortable."

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Designer-Election-94 t1_j0v0z13 wrote

30k so figure you’ll bring home after taxes $1500 a month. With rent being $2000 tell me how your going to balance your budget. Tell me how you and someone else each bringing in 30k in a one bedroom are going to balance your budget. SMH

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NewYorker0 t1_j0v81w3 wrote

First of all you would bring in $2250 after tax with a $30k income, not $1500, you probably pulled that data out of your ass. Then you have to live in a affordable neighborhood, median rent doesn’t matter because half the apartments cost less than the median, then balance out other bills.

Now $30k won’t buy you a home but that’s literally the minimum wage in NYC, a double income in a minimum wage would be almost $60k, as most families are double income this isn’t much of a deal.

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regularbusiness t1_j0wexj6 wrote

They were likely getting some kind of government assistance at that income level, Medicaid, SNAP benefits, housing assistance, etc. Which is funny because you seem to have a big problem with socialism.

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NewYorker0 t1_j0wst9t wrote

Medicaid isn’t socialism and neither is universal healthcare and I don’t oppose them. The only funny thing is you don’t know the definition of capitalism and socialism and think any government program is socialism dumbass.

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