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Originally Posted by jaybo12
You guys are kidding right? Are you really saying the lifestyle you guys had growing up on your parents 40k could be had present day for the same price???
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Yes, I think that is what they are saying. They fail to realize that cost of living has far outpaced wages over the past 30 years.
$40k per year before taxes leaves you with about $2800 per month after taxes. Break down the costs for me of a family of 4 and make it fit into $2800 per month.