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submitted 1 year ago by fne8w2ah@lemmy.world to c/news@lemmy.world
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I finally got a job that broke six figures.

Housing boom made houses twice as expensive in five years. Monthly grocery bill doubled. Renting doubled. Cost of cars doubled. Every day expenses doubled.

[-] June@lemm.ee 8 points 1 year ago* (last edited 1 year ago)

Yep, pulling in 110k this year after bonus at my job and I’m having to DoorDash to get just a bit of breathing room.

$3350 mortgage eats more than half my take home. The rest goes to debt (took out a loan to fix a couple things on the house last year, and student loans coming back now), caring for my aging dog, food, bills, maxed 401k that I’m considering dropping for a while, and a little bit for free spending so I can go on a date or two or out with friends. Even with this mortgage payment this would have been easy on just my salary even 3 years ago (it was easy af with dual income at the time). But the way costs have increased are making me feel broke in a way I haven’t felt in a long-ass time. I always thought that if I could make it to six figures I’d be properly wealthy, but I’m not. I’m barely comfortable.

[-] Cold_Brew_Enema@lemmy.world 3 points 1 year ago

Where the fuck do you live with a $3350 mortgage? I pay 1/3 of that for rent and I think that's too high.

[-] June@lemm.ee 5 points 1 year ago* (last edited 1 year ago)

Puget Sound area, a bit north of Seattle.

For a home purchased in the last 3 years, I got a pretty good deal. The floor on rent for a shitty one bed apartment in my city is $1200/month.

It’s also worth noting that the $3350 is my PITI. My strict mortgage is $2875, the rest is property tax to escrow and mortgage insurance.

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this post was submitted on 24 Aug 2023
854 points (98.1% liked)

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