this post was submitted on 02 Jul 2024
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A Boring Dystopia

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Americans say they need to earn $186K to live comfortably — but is it enough? (www.thehill.com)
submitted 4 months ago by return2ozma@lemmy.world to c/aboringdystopia@lemmy.world
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[–] sunzu@kbin.run 12 points 4 months ago

Property prices correlate strongly with local income levels. Owners know how much you make and they fix prices of wages, rent and other cost.

Hence why u can make objectively high income and feel like a peasant.

Buying power is eroded to the point where 100k is just getting by wage in Seattle or some shit