Normally, how mcuh money is enough for an AMERICAN for a good living?
@arvindneemuch (662)
India
May 12, 2007 7:48am CST
I am asking this just out of curosity. I know, one can not genrealise, but still, i want a figure.
Actually, if you are in India, then, you can have a good living for a single man in $1000 easily. The reason for it is dollar has a high value here, and once those 1000 bucks gets tranffered into indian currenvy, they make an hansome figure!
However, i am sure that if i ahve to live in america with that amount, i will be comming under pioverty line zone!
So, i want to know what is a god monthly income for an amercian? 5000 bucks ? is that enough for a faily of fore?
As I said, i know you can not genrealise, but still, i want some figures here!
1 person likes this
2 responses
@pelo26 (1552)
• Philippines
12 May 07
In the Philippines a salary equivalent to $1000 per month is a lot too. In the US, the minimum wage is about $5.15 per hour. An 8 hour workday is equivalent to $41.20 multiplied by 20 working days a month equals $824.00. But thats the minimum wage, I guess twice or thrice that would make a comfortable living for an individual. Cheers! Happy Posting :)
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@arvindneemuch (662)
• India
12 May 07
Those were quite some calculations from you! You looked well informed wit US affairs!
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@Ayannali (63)
• United States
12 May 07
I would say it depends on what part of the country you live in, some places have a higher cost of living then others.
If you are sigle and educated, a good starting salary for you would be about $40K a year. If you are living in a lower cost area. For the higher areas like NYC, San francisco and others...I would say you would need $50k to be considered making a good living if single.
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@arvindneemuch (662)
• India
12 May 07
Hmm, and what if with family? 3 times more i guess..? But i doubt if many get paid that much?
