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Forbes: What It Costs To Live Well
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Date: March 20th, 2015 3:00 PM Author: Clear useless menage http://www.forbes.com/static_html/lifestyle/charts.shtml (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27525840) |
Date: March 20th, 2015 3:02 PM Author: lake razzmatazz parlour LOL at fucking New York City (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27525859) |
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Date: March 20th, 2015 3:04 PM Author: olive greedy party of the first part filthpig The one that should stick out is Boston, as in, why would anyone choose Boston over NYC given the comparison in cities and costs? (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27525868) |
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Date: March 20th, 2015 3:07 PM Author: alcoholic bat shit crazy field weed whacker tbf any NYC metric is including the whole city (if not metro). the core of boston/cambridge is expensive but still not nearly as expensive as MFH
also, I believe they would chose it if their jerb is there |
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Date: March 20th, 2015 3:08 PM Author: olive greedy party of the first part filthpig Wha? This is for living well and is projecting a $3.9M home in NYC. I'm pretty sure they mean MFH or top neighborhoods in Brooklyn here. (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27525894) |
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Date: March 20th, 2015 9:11 PM Author: light contagious stage water buffalo dem beans (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27528016) |
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Date: March 25th, 2015 11:12 AM Author: Motley navy stage Boston suburbs >>> NYC suburbs (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27551997) |
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Date: March 25th, 2015 11:15 AM Author: olive greedy party of the first part filthpig we are in violent disagreement here (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27552015) |
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Date: March 20th, 2015 3:05 PM Author: Clear useless menage By the way, does that graphic load really slowly, line by line for anyone else? (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27525877) |
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Date: March 20th, 2015 3:06 PM Author: olive greedy party of the first part filthpig They're just building DAT EXCITEMENT brother! (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27525880) |
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Date: March 20th, 2015 3:07 PM Author: tripping peach temple That's how Xo works. (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27525885) |
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Date: March 20th, 2015 3:07 PM Author: Clear useless menage I suspect that's old.
Seattle is way down there. |
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Date: March 20th, 2015 3:35 PM Author: slap-happy spot mood Yeah LOL at Seattle being cheaper than Houston. (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27526103) |
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Date: March 20th, 2015 3:07 PM Author: Naked Crawly Piazza Finally, this is exactly what I've been saying and everyone acted like I was being ridiculous. Living well requires like $500k/year in NYC and even $240k in a place like Birmingham, AL. All these "oh, you only need $50k/year to live well" posts are flame. (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27525891) |
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Date: March 20th, 2015 3:09 PM Author: olive greedy party of the first part filthpig "B-b-but I HAVE to live in the BERESFORD!", TMF lisped. (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27525905) |
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Date: March 20th, 2015 3:12 PM Author: Naked Crawly Piazza If you want to live that lifestyle then even $500k isn't cutting it. That is a 7 figure plus salary. (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27525923) |
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Date: March 20th, 2015 3:12 PM Author: zombie-like excitant immigrant church building some of those "expenses" are ridiculous. it includes 105k/yr for a vacation home for MFH. i don't think you need a vacation home to "live well" (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27525921) |
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Date: March 20th, 2015 3:15 PM Author: Naked Crawly Piazza a) I would adjust some of those in several directions. Good private schools also cost more than $26k/year, and college will cost more than $30k/year. And they're allotting only $5k/year for savings. And I wouldn't pay a 30 year mortgage if I could avoid it. Not sure how they factor in stuff like maintenance.
b) If you live in MFH, something like a vacation home (or similar money to spend renting vacation homes) is a necessity. Otherwise, the urban environment becomes stifling. |
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Date: March 20th, 2015 3:16 PM Author: zombie-like excitant immigrant church building nah you need vacation money, but not a HOME. most people don't have time for that anyway, they get 2-3 weeks off a year. better to travel somewhere new (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27525957) |
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Date: March 20th, 2015 3:19 PM Author: Naked Crawly Piazza I'm not really quibbling with this (and you just described why I wouldn't buy one), but you generally want to be able to rent a nice place in something like the Hamptons for the summer and that will come out to quite a bit.
By the way, they're just describing post-tax expenses. So to earn that you need an almost million dollar salary. |
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Date: March 20th, 2015 3:30 PM Author: Charismatic shrine mediation time shares are ridiculous, but for $55k/year, you could really live a sizable portion of the year in sweet places (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27526056) |
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Date: March 20th, 2015 3:11 PM Author: zombie-like excitant immigrant church building damn didn't know houston was seattle level expensive (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27525915) |
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Date: March 20th, 2015 3:19 PM Author: Curious area It isn't. (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27525977) |
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Date: March 20th, 2015 3:13 PM Author: charcoal dead persian center how are they defining living well? (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27525927) |
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Date: March 20th, 2015 3:22 PM Author: Clear useless menage The explain it here:
http://www.forbes.com/2005/06/17/lifestyle-realestate-livingwell-cx_sc_0617home.html
http://www.forbes.com/2005/06/24/realestate-livingwell-south-cx_sc_0624home.html
http://www.forbes.com/2005/07/01/realestate-livingwell-midwest-cx_sc_0701home.html
http://www.forbes.com/2005/07/07/realestate-livingwell-west-cx_sc_0708home_ls.html
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Date: March 20th, 2015 3:14 PM Author: dashing office LOL @ needing a 4mm Apt AND a 2mm vacation home for NYC to be "living well." You can find great apartments for way less $. (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27525943) |
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Date: March 20th, 2015 3:18 PM Author: coral theater nowag LOL @ spending $400K to live in fucking Boston (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27525970) |
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Date: March 20th, 2015 3:18 PM Author: Clear useless menage Index for cost of living EXTREMELY well.
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Date: March 20th, 2015 3:20 PM Author: olive greedy party of the first part filthpig DBG MAF that Forbes uses a clay court in their example. (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27525988) |
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Date: March 20th, 2015 10:48 PM Author: Disrespectful scourge upon the earth hominid (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27528741) |
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Date: March 24th, 2015 5:23 PM Author: Infuriating submissive queen of the night gas station 180 (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27548232) |
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Date: March 20th, 2015 3:20 PM Author: coral theater nowag you're just throwing away money if you're spending $20K per year on cars (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27525986) |
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Date: March 20th, 2015 3:24 PM Author: Clear useless menage Bro, if you can't afford to live well, that's ok. (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27526016) |
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Date: March 20th, 2015 3:24 PM Author: coral theater nowag isn't the whole point of having a $4M house that you don't have to pay $20K per year for private school? (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27526013) |
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Date: March 20th, 2015 3:27 PM Author: mischievous vibrant internal respiration no, thats the point of having a 786k house. (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27526036) |
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Date: March 20th, 2015 4:09 PM Author: Embarrassed to the bone brunch double fault lol titcr. Although I'd replace house with "50-year-old shitbox." (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27526344) |
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Date: March 21st, 2015 12:17 AM Author: galvanic hyperventilating sweet tailpipe Hahahahaha.
Hold on, let me catch my breath.
Hahahahaha.
The whole point of a $4M house is that you do pay $25-50K for private schools. |
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Date: March 20th, 2015 3:25 PM Author: coral theater nowag these numbers are post-tax. jesus. (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27526022) |
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Date: March 20th, 2015 3:28 PM Author: Glittery Flickering Bawdyhouse Well this is retarded.
The cost of your (necessary) vacation home apparently scales linearly with the cost of your actual home. You need a 4MM apt to live well and despite being in NYC your car costs don't go down.
Pretty tight little analysis they got going there. |
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Date: March 20th, 2015 3:54 PM Author: Clear useless menage "The cost of your (necessary) vacation home apparently scales linearly with the cost of your actual home."
Why do you think that?
City - House - Vacation
Anchorage - $775k - $400k
Atlanta - $1.4 million - $1.6 million
Minneapolis - $1.2 million - $775k
Salt Lake - $775k - $800k |
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Date: March 20th, 2015 4:01 PM Author: disturbing swashbuckling sneaky criminal skinny woman and PHX is 1.4 and 800k, which is weird since the vacation home is half the ATL cost despite the primaries being similarly priced (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27526302) |
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Date: March 20th, 2015 4:07 PM Author: Clear useless menage That makes sense if the nearby vacation areas have different property values.
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Date: March 20th, 2015 4:17 PM Author: Glittery Flickering Bawdyhouse tbf i didn't actually look at that many, I just saw that there were huge differences in the price of vacation houses that made no sense. (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27526412) |
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Date: March 20th, 2015 11:06 PM Author: Boyish mental disorder mad-dog skullcap they explained that the vacation home was treated like a weekend getaway spot. so it makes sense that the primary and secondary residence prices correlate.
maybe that seems like a silly assumption but the whole thing is a silly exercise, more for entertainment value than anything else. |
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Date: March 20th, 2015 3:56 PM Author: Bipolar crackhouse incel I knew that when Birmingham, AL came out to $231k that I was FUCKED (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27526278) |
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Date: March 20th, 2015 3:57 PM Author: Curious area gas boomers now
/thread |
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Date: March 21st, 2015 12:28 AM Author: Indigo Range (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27529170) |
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Date: March 25th, 2015 10:58 AM Author: soul-stirring saffron voyeur You can live in NYC if just WANT it bad enough (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27551919) |
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Date: March 20th, 2015 10:45 PM Author: cobalt state azn "Our family has two very upscale cars; a sporty BMW 325i sedan and a capacious Lexus RX 330"
lol... |
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Date: March 25th, 2015 10:56 AM Author: soul-stirring saffron voyeur UNDERRATED (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27551913) |
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Date: March 25th, 2015 11:21 AM Author: Motley navy stage (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27552038) |
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Date: March 24th, 2015 5:42 PM Author: hateful fragrant cuckold wait, charleston wv is at 236k? i've driven through there and got the impression i'd live like the sultan of brunei on 75k. (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27548311) |
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Date: March 25th, 2015 5:40 AM Author: canary violent cruise ship Man, how to waste money. You can live exactly as well for so much less.
25% of your expenses on a vacation home?! Spending every vacation in the same shitbox in Fort Lauderdale has to be one of the most depressing things ever. My parents spend $0 on vacation and have a much better time of it - they rent their house out for $6k/month to cover costs and explore different cities around the world, often staying with friends in nice houses for free.
At that house price, just go to top public school.
Spending $30,000 every single year so your 7 children can go to Sarah Lawrence? Good call.
Of course it's really all about the housing, since that's 75% of the budget (probably not advised by most personal finance gurus). |
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Date: March 25th, 2015 9:17 AM Author: olive greedy party of the first part filthpig The people at that income level aren't spending their one two-week vacation every year at a Ft. Lauderdale condo. They will use that as a weekend getaway. To give a NYC example, it will be a house in the hamptons that they use during he summer, a home in VT for skiing every weekend in the winter, or a place in florida where they will spend a lot of the winter. Those people still usually take a nice real vacation or two in addition. (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27551531) |
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Date: March 25th, 2015 10:57 AM Author: soul-stirring saffron voyeur Sooooo everyone gets that these Forbes/CNN Money articles are always entirely bullshit right? (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27551917) |
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Date: March 25th, 2015 11:15 AM Author: Motley navy stage Where the hell did they get $26k for private school in NYC? Try $45k for 1 kid. Living well = 3 kids, so $135k. (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27552016) |
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Date: March 25th, 2015 11:15 AM Author: olive greedy party of the first part filthpig agreed (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27552018) |
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Date: March 25th, 2015 11:19 AM Author: Motley navy stage Why isn't SF included in the list? (http://www.autoadmit.com/thread.php?thread_id=2834967&forum_id=2#27552032) |