Posted on 05/28/2023 11:36:54 AM PDT by CFW
AU.S. family of four needs to earn a minimum of $85,000 a year on average to "get by," which is nearly three times the federal poverty line and $27,000 more than the estimated needed annual average 10 years ago, according to a new poll
When asked, "What is the smallest amount of money a family of four needs to make each year to get by in your community?", the average answer respondents gave was $85,000, according to a Gallup Poll released Friday. In 2013, the average answer was $58,000 annually.
The poll also found that 30% of respondents said a family of four needs an income of more than $100,000 a year to get by, while 31% said they need to make between $50,000-$75,000 annually.
(Excerpt) Read more at justthenews.com ...
The amount a family needs to get by is dependent on location and financial acumen. These broad-brush polls are ridiculous.
I imagine if you break down these numbers into actual useful data, you will find the average family of four needs far more money than just $85,000 a year to live in blue states.
I’m pretty sure that savvy welfare recipients can do better than that...much better.
“The amount a family needs to get by is dependent on location and financial acumen.”
That’s true of course. However, every area has suffered an increase in all items listed on their monthly budgets and much more money is needed to pay those items than just two years ago. Rent and utilities have increased dramatically nationwide. Water, garbage, and other services have also gone up. Those who have gotten raises have been able to keep up somewhat, but I doubt anyone has received a pay increase that keeps up with inflation.
Yes, it hasn’t been as bad in areas such as rural SC, Alabama, or Georgia, but yet inflation has affected the lower middle class blue collar workers the most. For they are the ones who do not receive government benefits, but are also not employed by the large corporations who can afford to give workers a large raise. Small businesses employing 10 to 25 employees are suffering a lot and cannot afford to provide their employees the raises they need.
The people on fixed incomes such as the retired and disabled had a small increase in their monthly payments, but not enough to off-set inflation. Everyone’s standard of living has been reduced, no matter their physical location.
I’m pretty sure that savvy welfare recipients can do better than that...much better.
this article will be cited by dems to push up various welfare programs and union contracts
Differences in time, location and the definition of “get by” makes this information meaningless.
In my area a modest 2 bedroom apartment can easily cost 3000+/month.
Taxes and housing would already take most of the 85K.
Incomer Taxes: $25,000
Rent: $36,000
Left over for you: $19,000
Be thankful you got to keep $2,000 per month.
A dollar figure alone does not measure how a family of four, or of ten, or a single individual, may be adequately fed, clothed, housed, or find all around satisfaction. Thrift is not considered here, nor any extravagances of desires. Adjusting the level of satisfaction to fit your budget means, first of all, to access what is really important, then striving to achieve those important goals in as efficient a manner as applied ingenuity applies.
Really old lessons, but not often applied.
You can easily get by on $85K in Green Bay Wisconsin. But you would not have to. As you can easily get a job for $50K in Green Bay and the two of you would make $100K.
“More here:”
Thanks. I searched using “Title: Americans estimate”. I guess I should have searched “Americans say”. I was searching by title. Oh well. the search function is not perfect and neither am I.
I agree with the 85k for a family of 4 depending on part of the country. That would make it slightly comfortable. It can be done for 40k, but that would be bare essentials comfortable and would exclude certain parts of the country.
I always wonder, how do people survive in countries with average income about $1000 a year?
How did our ancestors survived?
😂. Nope. I’ve even been suspended for “learn to search/search still works” before.
😂. Nope. I’ve even been suspended for “learn to search/search still works” before.
I hate it when I do a [ctrl-F] search on the front page, and then a title search of the first couple words through the “search” function, with no results, only to find the article has been posted and has several replies but under a totally different headline. If my thread ends up with just a couple of replies once I realize my error, I’ll file an abuse report on myself. But, if my thread already has ten or so replies, I feel that is not fair to those that have responded to have it deleted.
However, this site is much better than so many others and has such a wide variety of people contributing their views, I prefer FR more than any other site that allows comments.
Roger that. I lurked for quite a few years before jumping in.
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