Forbes.com totaled the cost of living well for a city in each state, with a four-bedroom house in an upscale neighborhood; a vacation home in an upscale resort area; a BMW 325i sedan and a Lexus RX 330; eating out at a pricey restaurant once a week; taking three luxury trips a year; and sending one child to a local private school and one to private college.If that isn't outrageous enough on it's face, the housing costs they list for Houston include a $1.5 million primary home and a $1.2 million vacation home, not to mention nearly $45k worth of private schooling per year. This isn't just living well, this would put you easily in the top tenth of one percent of incomes. To claim that's what you need to earn to "live well" is just silly.
« Older I've been grooving on some of the music of Persone... | Unembedded,... Newer »
This thread has been archived and is closed to new comments
The cheapest housing in that Forbes survey is $600k in Fargo, ND, while the New York realestate is $3.9M. I've ehard that US house prices were high at the moment, but are you sure you're buying a comfortable house, or are you really buying prestige and self-image.
It's pretty sad.
posted by wilful at 7:50 PM on April 25, 2006