$60k USD and needs to give a lot of that to private companies, greedy and unregulated landlords, and quite often to the automotive industry just to barely survive. That or they go live somewhere cheap only to also not be paid well or even find a job at all and then get trapped because they don’t have the money to leave.
We’re really not a rich country. We just have a bunch of ultra wealthy people who skew the numbers to make us look rich.
The average family in my state makes a combined income of about $60,000 USD/year.
I’m lucky that my wife is high up in state government and makes that much herself.
$60k USD and needs to give a lot of that to private companies, greedy and unregulated landlords, and quite often to the automotive industry just to barely survive. That or they go live somewhere cheap only to also not be paid well or even find a job at all and then get trapped because they don’t have the money to leave.
Yeah, even at that level we are still living paycheck to paycheck, with no money left to put into savings.