Ideal minimum salary that would make you live comfortably

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Mystery_Writer

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#1 Mystery_Writer
Member since 2004 • 8351 Posts

What is the ideal minimum salary that you think would make you live comfortably in whichever place you happen to live right now?

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Darth1337

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#2 Darth1337
Member since 2005 • 64 Posts

$60k USD.

Living on the West Coast has it's ups and downs, and quality of living where I'm at is pretty decent for a 24 year old like myself.

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Master_Live

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#3  Edited By Master_Live
Member since 2004 • 20510 Posts

$7.25/hr, 40 hrs/week.

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R3FURBISHED

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#4 R3FURBISHED
Member since 2008 • 12408 Posts

I live comfortably on 42k right now, granted that's with health, dental and life insuance

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Darth1337

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#5 Darth1337
Member since 2005 • 64 Posts

@Master_Live said:

$7.25/hr, 40 hrs/week.

I'm not sure where you live, but in the U.S. that's the federal minimum wage, or close to it.

It's certainly not a livable wage either, but that's a conversation for another day.

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dave123321

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#6 dave123321
Member since 2003 • 35553 Posts

50k

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one_plum

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#7 one_plum
Member since 2009 • 6816 Posts

@dave123321 said:

50k

Approximately. This.

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PSP107

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#8  Edited By PSP107
Member since 2007 • 18782 Posts

$50-$60k

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BeardMaster

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#9  Edited By BeardMaster
Member since 2012 • 1686 Posts

i think ive read studies saying income up to 70k for a household increases happiness... but anything over 70k has no effect on happiness.

So ill go 70k household 50k single.

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TwistedShade

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#10 TwistedShade
Member since 2012 • 3139 Posts

50k would be a great starting point I'd be happy at, but if I had a family I think it would need to be around 65k-70k

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Mystery_Writer

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#11 Mystery_Writer
Member since 2004 • 8351 Posts

interesting figures.

in Dubai, living is way more expensive, household USD $200k, single $140k

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Ballroompirate

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#12 Ballroompirate
Member since 2005 • 26695 Posts

Honestly I'm comfortable with 35k-40k a year, my needs are very minimal.

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-Renegade

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#13 -Renegade
Member since 2007 • 8340 Posts

the single life 30k a year. if i was married with kids 50k? a year.

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plageus900

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#14 plageus900
Member since 2013 • 3065 Posts

My wife and I were doing pretty well at around 65k a year with just us. We had very low rent, etc. I was able to save close to 1k a month on top of splurging on our hobbies.

Now were lolpoor until I get a decent civilian job.

But for just her and I, I would like a little over 100k net income a year.

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ShepardCommandr

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#15  Edited By ShepardCommandr
Member since 2013 • 4939 Posts

I am happy with what i currently have.I don't need more money.

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Guybrush_3

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#16 Guybrush_3
Member since 2008 • 8308 Posts

Right now? 30k would cover everything easily. In the future I would definitely need/want considerably more, but right now I'm only responsible for myself and my meager lifestyle.

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SaintJimmmy

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#17  Edited By SaintJimmmy
Member since 2007 • 2815 Posts

60k minimum

I'm married with a home and have too many bills.

I grew up very poor so, i know i can physically live on less and still be happy.

but, i would say if i had to drastically change my current lifestyle i would describe it as not comfortable

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#18 foxhound_fox
Member since 2005 • 98532 Posts

In my current living situation with no plans for the future? Probably $30,000 CAD.

If I want 2 kids, a house and a future, then I want to start making about $50,000 CAD yearly, and move up from there over the course of the next 10 years. There is a reason why I'm very interested in trucking and eventually becoming an O/O (gross pay with one company I have applied for is $165,000 CAD).

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ferrari2001

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#20  Edited By ferrari2001
Member since 2008 • 17772 Posts

I'm currently making $13.50/hour and that affords me many luxuries including the my 2014 car, my Nvidia shield i just purchased, a new suit, my cell phone bill etc, etc. I'm definitely not hurting for cash.

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deactivated-598fc45371265

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#21 deactivated-598fc45371265
Member since 2008 • 13247 Posts

50k

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junglist101

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#22 junglist101
Member since 2007 • 5517 Posts

175k

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#23 Shmiity
Member since 2006 • 6625 Posts

40k w/ health bennies, 50k without.

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#24 -Renegade
Member since 2007 • 8340 Posts

@thegerg said:

$15-20,000

i just dont understand how you would be able to pay rent and other bills making that small amount unless you stayed in the ghetto.

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helwa1988

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#26 helwa1988
Member since 2007 • 2157 Posts

Well if I really wanted to live comfortably, I would marry a guy making $20-$30 grand a month and kick back at home enjoying his money.

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sailor232

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#28 sailor232
Member since 2003 • 6880 Posts

I earn the close to minimum wage in my country (New Zealand) and get after conversion 25k USD a year, that is before tax so probably about 18K a year in the hand. 30K USD would be perfect living.

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#29 TheFlush
Member since 2002 • 5965 Posts

I make $ 55k a year an my boyfriend $ 65k.
So $ 120k for just the two of us, it's more than enough, nearly 50% of that would be sufficient.

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#30 mindstorm
Member since 2003 • 15255 Posts

While single I have had no problem living with near minimum wage when I have had 3 roommates. Soon this will change, however, as I am engaged, I wish to have children in the next few years, I find myself needing a new car. If I wish to provide for a family, something else will have to do. Either I'll need to find a higher paying job, work up within my current company, or find two jobs.

This is no complaint. My desire to provide better for a future family is causing me to work harder and thus be a more productive member of society. I am not afraid of working hard for a living in order to move beyond my current pay grade.

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Mercenary848

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#31 Mercenary848
Member since 2007 • 12139 Posts

Right now like 25,000 grand, after I graduate and start grad school 30,000-40,000 once I get my masters 70,000 plus