Originally posted by: Stunt
The US has experienced large amounts of inflation, housing increases and lower currency value over the last decade.Originally posted by: LS20
generally everything is cheaper here (though they are high in boulder). 60k is on the high end for college graduates, so its not typical. and lastly americans typically work wayyy more hours than do europeansOriginally posted by: ShadowOfMyself
Ok I have to ask, how do people make such large amounts of money in the US? Are things that more expensive to compensate? I dont really know about Europe in general, but in Portugal which I admit is pretty crappy, minimum wage is 360?/month.. which equates to 4320?/year ....... and you can live just fine with 700+ even with kids.. Am I missing something here?
my international firm gives me 15 paid vacation days each year. they give people located in norway about 25 and germany 30.. not to mention they work fewer hours a day
If you live in a smaller town you can live comfortably on $60k, but if you make that in a city you will barely scrape by.
In Canada I make a hair over $60k and save $1500-2000 a month (20-24k a year); you wouldn't be able to do that in the states.
It's harder to do that in a big city. I'm at $50K and barely saving.
mortgage: $1800mo
utilities: $250mo
food: $300mo
diapers & misc: $500mo
