this post was submitted on 12 Jul 2023
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[–] pete_the_cat@lemmy.world 30 points 1 year ago* (last edited 1 year ago) (8 children)

I keep on having this debate with my dad. He's 73 and I'm 37. One night he was like "people from your generation want to buy a 'starter home' and a vacation home, and then a few years later buy a bigger home!" and I was like "no one in my generation is even thinking about buying a vacation home when they can barely make a livable wage in a lot of fields." Teachers make about $25/hour (about 35-40k/year) and they deal with tons of shit from the faculty, state, and students themselves. I was making $112k/year working in IT and could barely afford to live by myself in or close to Manhattan.

Edit: just for context, my rent was $2500/month for a 500 sq ft 1 bedroom apartment about 30-45 minutes from Manhattan. The sales tax rate in NYC is 10%. A burger and a beer can easily cost you $20.

[–] dunestorm@lemmy.world 10 points 1 year ago* (last edited 1 year ago) (6 children)

$112k/yr is a crazy amount of money; I also work in IT in a pretty high up position, I wish I even made half that...

[–] Lynchy@reddthat.com 9 points 1 year ago (1 children)
[–] pete_the_cat@lemmy.world 3 points 1 year ago

Yeah, in Manhattan that's like middle class. Making that in a rural or suburban area and you'd be considered wealthy.

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