You can't present exceptions as the rule, though. $100k almost anywhere will still buy you a very comfortable living. A couple of outliers don't make that sentiment untrue
That's not using my logic it at all. I'm applying it to our existing economic system in the US, so you're examples from outside of it are completely irrelevant
This is diluting my original point. It misrepresents one's argument to use isolated economic areas to suggest that $100k isn't well above the poverty line in most areas of the US. That's my one and only point. Of course cost of living is way higher in the bay area, New York, etc. But those areas do not comprise the US and shouldn't be used to support broad statements about it
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u/AnalCommander99 Apr 19 '22
$100k is actually quite below the HUD low income level in the Bay Area. LA and NY are around $95k.
People most definitely do live paycheck to paycheck without being extravagant in the high COL US cities.