Submitted by Total-Group-9364 t3_100pw40 in Washington
throwawayacct139865 t1_j2j2iso wrote
I would say $30/hr minimum with benefits on top. That's close to $62,000 a year if you're only working 40 hour weeks.
ZimofZord t1_j2j350u wrote
I do not think that’s good for WA … maybe Mississippi
throwawayacct139865 t1_j2j46xc wrote
It all depends on the lifestyle you live, you can live comfortably on $30/hr if you can live without a brand new flashy car, a huge house, and hand brewed custom coffee and you don't have three kids.
ZimofZord t1_j2j7c2q wrote
Maybe in another state or on the east side
From what I have seen rent is like 2-2500 which at 62000k salary that’s basically all your money
Also you forgot to add No avacado toast
cakeo48 t1_j2j9jwn wrote
If you have kids, 62,000k would be tough, but outside of that you definitely don't need to spend anywhere near that on rent unless you have to live downtown lol.
ZimofZord t1_j2j9n48 wrote
I don’t have kids and I think my current income of 100k world be tough to feed a kid on
I was looking in Issaqua for those prices
throwawayacct139865 t1_j2j9van wrote
If your rent is $2000-$2500 that's your problem, there are cheaper places to live.
ZimofZord t1_j2ja0k3 wrote
Not from what I saw
Unless you are ok living in a shoebox I guess 🤷♀️ definitely don’t want to llive be in a 300 soft prison
throwawayacct139865 t1_j2ja7ps wrote
Where are you looking? If you're making 100k a year you shouldn't even be renting, that's just throwing money away.
ZimofZord t1_j2jb6pe wrote
Yeah ppl love to say that but I don’t want to be tied down at this stage in life . A mortage for a 300k house in other states is 1800 which would require me to move to anouther state . 300k here probably won’t even buy you a shack
throwawayacct139865 t1_j2jbio1 wrote
You can find houses for 300k but they'll come with a commute. You're not tied down to a house either, you're able to sell it at any time.
ZimofZord t1_j2jbk8e wrote
https://www.zillow.com/homedetails/5307-4th-St-E-Tacoma-WA-98424/2060408297_zpid/
Nah not interest in half my net income going to rent or mortage.
The above is a nice $275k shack lol
throwawayacct139865 t1_j2jd6ae wrote
It's industrial zoned, that's why they're asking so much
Phuzi3 t1_j2jbpvx wrote
$100k a year is where you start to break out of “survival” in the Sound, and has been for a handful of years.
Of course, it depends on family size. In 2017 or so, KING (I think) put out a story that anything under $100k for a 4 person household in SnoCo is considered low income. So, if you’re only supporting yourself, making $60-80k, you’re probably doing fine.
I make around $80k and support a 6 person household. We’re not doing fine. Between rent, monthly bills, food and gas…we’re broke, normally, within a couple days of me getting paid.
ZimofZord t1_j2jcdbg wrote
Yeah I don’t really think a lot of ppl understand how much it costs out there now. Sure I could afford more if I invested zero in 401k , Roth and HSA however then you work until you die . It really sucks out there
Phuzi3 t1_j2jd4jh wrote
I’m not putting anything towards my 401k, because I need every dollar I can get to put towards my family. At this point, yeah, I have no intent of retiring because I have no pension and no savings, and I turn 38 this year.
Shits rough out here.
ZimofZord t1_j2jdqcy wrote
Tell me about it . To survive you need to work till you die
Phuzi3 t1_j2jfi6b wrote
True.
And I’ll probably break from my fellow Millenials on this, but I don’t see that as necessarily a bad thing.
Just because you retire, doesn’t mean you stop working. Leave the job you had a career at, but do something part time to bring in a little extra and stay busy.
haludar t1_j2j91xg wrote
*Half of your money.
ZimofZord t1_j2j9b4k wrote
It’s half my money right now and I make 100k dude lol
Maybe half of you want to save nothing for retirement
Fretboardsurfer t1_j2j4cal wrote
I think it depends on whether or not you have kids or a mortgage. I was living on $65k for many years and I'm doing great financially. That said, I do not have children and I have not been able to purchase a home in the Seattle area (yet).
[deleted] t1_j2lsdc3 wrote
Location is super important here.
Isn't $62k below the threshold for affordable housing in Seattle? $62k in Vancouver OTOH wouldn't be extravagant, but you would be able to get by & still save.
toobadkittykat t1_j2j5snp wrote
the minimum , starvation wages at best
Anybody-Puzzleheaded t1_j2ja09y wrote
I agree. This sounds good compared to what a lot of people make, but you’re going to struggle to support yourself unless you don’t have a car payment or you have roommates.
I think of a “good” salary as one that affords you to at least modestly support yourself, without needing other people, and be able to save for the future. If you got locked in to a good mortgage/rent price years ago, this could be possible on $30 and hour. Otherwise, no.
toobadkittykat t1_j2jbrcq wrote
that's exactly right , you can see i have been downvoting bc they don't agree as most jobs here don't come close to that . don't worry , just bc i can afford my own apt now doesn't mean i won't be joining the 2or3 roommate bunch this year . rents are going up way faster than pay increases , trust me on that .
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