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jellybelly326 t1_jeacits wrote

My husband and I combined bring in $120K per year. We have a modest home and mortgage payment ($1500 per month), no kids, no credit card debt, no car loans... nothing. We don't live extravagantly. When we sit down to budget it still boggles my mind how anyone who DOES have those things can survive out there. Salary increases just aren't matching the rate in which we're seeing prices increase.

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Poctah t1_jeaj655 wrote

I’m not sure how they are either. We make 135k a year and have 2 kids and we are drowning latly. Our mortgage was $1.6k a month when we bought 3 years ago and reasonable but now it’s going up to $2.1k a month because taxes and insurance increased so much over the last 3 years(hoping the market tanks so we can lower the taxes back down🤔). Our utilities have gone up $150 a month with no increase in usage. Food cost are up about $200 more a month. My husband only gotten a 3% raise each year but health insurance increases have pretty much eaten all his raises since they somehow always go up about the same amount as his raise. Like how is anyone surviving anymore on less then 100k. We don’t even have any debt besides the house.

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fthepats t1_jeapw16 wrote

Ya, I like reading about all the people complaining about rent increases and how it would be so much different if they owned a house and it wouldn't increase payments each year. Man, my house payments have skyrocketed faster then rent increases because of property taxes due to valuation increase and insurance increases. I'm shocked rent increases aren't higher tbh

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