Submitted by nah_just_ocd t3_z815dy in personalfinance
Xalowe t1_iydad0y wrote
Reply to comment by cardinalsfanokc in Help! Drowning in debt. by nah_just_ocd
$2,800 per paycheck is roughly $100-110,000 (depending on deductions) before taxes. The average household income and family income in Oklahoma City is $48,500 and $62,500, respectively. How is he not making objectively good money for Oklahoma as a single earner?
cardinalsfanokc t1_iydcaah wrote
OP said takehome is $2800, assuming 26 paychecks that's $72k a year. It's livable, for sure, but not objectively good. I lived there, I know. It's enough to be comfortable.
Xalowe t1_iyddc2s wrote
I think we have different definitions about what good money is. Making more take home money than the average family’s gross is certainly good to me.
cardinalsfanokc t1_iyddkak wrote
Maybe but the point is they're in the bay area and this isn't even close to good money there, even if you doubled it.
Xalowe t1_iyde7s8 wrote
I agree - certain parts of the country feel like a different planet when it comes to cost of living. And with OP’s debt, they’re in a tough spot.
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