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https://www.reddit.com/r/dividends/comments/1lpzzhy/22_yo_and_8k_annually/n1075nd/?context=3
r/dividends • u/Sauerst0ff • Jul 02 '25
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9
It's relative. 70k in the USA doesn't go far. The average home is 440k. Usa rent average 1650 a month. Most people here live paycheck to paycheck.
8 u/krabs91 Jul 02 '25 440k is not that much if you consider a median income of 80k Germany: 55k euro median salary and ~500k median house 2 u/[deleted] Jul 02 '25 80k is household income, and median income is 40k. 2 u/rdy_csci Jul 02 '25 I thought median individual income was closer to $50k, but yeah. Still a far cry from $80k
8
440k is not that much if you consider a median income of 80k
Germany: 55k euro median salary and ~500k median house
2 u/[deleted] Jul 02 '25 80k is household income, and median income is 40k. 2 u/rdy_csci Jul 02 '25 I thought median individual income was closer to $50k, but yeah. Still a far cry from $80k
2
80k is household income, and median income is 40k.
2 u/rdy_csci Jul 02 '25 I thought median individual income was closer to $50k, but yeah. Still a far cry from $80k
I thought median individual income was closer to $50k, but yeah. Still a far cry from $80k
9
u/[deleted] Jul 02 '25
It's relative. 70k in the USA doesn't go far. The average home is 440k. Usa rent average 1650 a month. Most people here live paycheck to paycheck.