cross-posted from: https://lemmy.world/post/13825231
The Cost of Living a Decent Life in America is 96,000 Annually
this post was submitted on 03 Jun 2024
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Housing Bubble 2: Return of the Ugly
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318 comfortably for a family seems kind of low to me?
... what? What do you spend that all on?
Every family needs 2.3 cars and enough to keep them gassed up.
So? If we assume 50 cents per mile and a budget of only 5% of those 318k (16 k) $ that means you get to drive 32'000 miles per year and hardly spend anything on your cars. The average spending for mobility is a whooping 16 %, which would be 100'000 miles in this case. The average is 13'500 miles.