| ▲ | laughing_man 13 hours ago | |
$133k is upper middle class. It just doesn't feel like upper middle class if you're living in NYC or San Francisco. | ||
| ▲ | pharaohgeek 7 hours ago | parent | next [-] | |
It doesn't feel like it if you're living in MOST places. I bought my first house 6 months after graduating from college (2000). It cost me roughly 3x my salary at the time. I know what I pay new grads right now, and it's way more than I made back then. There's no way they can afford a house like that at 3x their salary. It's closer to 4-5x, and we are nowhere near as expensive in this area as NYC, SF, DC, etc. | ||
| ▲ | bayarearefugee 6 hours ago | parent | prev [-] | |
133k for a family of 3 is effectively poverty wages in NYC or SF. In less HCOL areas it is getting by, but possibly never owning a house. Hardly the upper middle class lifestyle one imagines being lived by doctors, lawyers, etc in times past. | ||