ST Alpha - "I think his point is 60k is different place to place, but 750k isn't. I tend to agree." (Reading a Post)

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In response to "I don't think you truly understand how cost of living works, then. -- nm" by Inigo

I think his point is 60k is different place to place, but 750k isn't. I tend to agree.

Posted by volnelk Dec 18 '17, 04:54

750k doesn't feel like middle class anywhere.

Or you are basically saying that in LA and NY, there simply isn't a middle class and that even the "average" person is very wealthy.

Difficult to paint the entire nation with one brush when the definition of "average" can swing by more than half a million dollars.

Responses:

With cost of living, the wages are much higher, and the cost of everything is higher. - Inigo Dec 18, 05:00 5
- I get it. The point is that it's difficult to compare people from the two markets as the same. - volnelk Dec 18, 05:25 4
  - Which with your example inside that might make the one Ohio person lower middle class while the LA person might be upper middle. -- (edited) - Inigo Dec 18, 05:29
  - they may or may not. In my Halifax/Vancouver comparison, we'd be spending most of our available income on housing with no room for vacations - Reagen Dec 18, 05:28
  - Thank you for explaining this better than I am. -- nm - Strongbad Dec 18, 05:26 1
    - Even if I do accept your premise (which I do not - two can play at this game, wheeee!) - Reagen Dec 18, 05:30
but choices are driven by location. - Reagen Dec 18, 04:59

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I think his point is 60k is different place to place, but 750k isn't. I tend to agree.

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