Author Topic: Can you live on 30k a year?  (Read 16434 times)

Retireatee1

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Re: Can you live on 30k a year?
« Reply #150 on: February 25, 2021, 02:59:17 PM »
That doesn't seem very efficient as I would think costs would be too varied depending on size of home and location. A $5 million dollar 1000 SF home in Aspen isn't going to cost much more maintenance-wise than a $100k house of the same size in Fargo would.

That may be true, it's just a rule of thumb I picked up along my travels which seems to fit the average household fairly well.  If you are lucky enough to own a $5 million home you'll just have to put in the time and effort to budget more fittingly.