What’s a good salary to live on with one child? I’m looking to change my college major and I’m lost. I want to make good money with a 4 year degree.
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It honestly depends on where you live and what type of health insurance you have access to. My husband makes $100,000+ per year and our health insurance is free through the union so we live comfortably. A few years ago we made roughly $70,000 combined while my husband was in school and we struggled because of health insurance for us and our son.
This really depends on location. I know some people who can barely make ends meet at $100k in their area.
Definitely depends on where you live... like @lizibear84, said ^^ my husband makes 100k / year + bonus and mileage paid and we have a house and only 1 child and we live pretty well!
A lot of it depends on where you live. In NJ you need $100k+ a year to own a home and have kids
There are so many factors that come into play. I would say $75k+ is a good starting point
In az we make a combined 65k a year and live pretty comfortable with one. But with two its going to be a tiny bit of struggle do to health insurance and daycare plus morgage amd car payments.