• Maggoty@lemmy.world
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    9 months ago

    That’s ridiculous. Middle class is absolutely part of the working class. It starts around 70k for a single income in a rural area. And 120k for double income in a high cost area.

    • ILikeBoobies@lemmy.ca
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      9 months ago

      Who in those income brackets can afford their house, car, and vacations?

      600k for a rural house, 5% mortgage is 30k

      1.5m in urban, 5% mortgage is 75k

      Car is 20-40k

      Food is 16k/year

      30+20+16= 66 out of 70 but you aren’t buying a new car every year

      So let’s say you’re spending 1.8/L on it and going 20 000km per year. CX-5 is 8.2L per 100

      I believe that’s 1640L so an expense of 2952

      Our number then is 30+2.952+16 for simplicity we will just say 49

      So we have 21k left, for heating I found it cost 3840, again round up to 4 so we have 17k

      I know what you’re thinking what about tax?

      Property tax we will go cheap with 1% because we rounded the other things up. 6k

      Now we have 11k

      Income tax?

      Thats 12 333 but we will round down to 12k

      We are now -1k

      Yearly vacation that you take if you’re middle class? Let’s say 5k

      We are now -6k

      there are more expenses of course but you get the idea