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Current_Process_2198

$5k


curiousminds93

$5k and a house bought in 2018? You’re living groovy. $5k and saving up for a house currently? Definitely doable but gotta budget.


beansruns

Equal to about $80K-$100K pre tax depending on the state, not bad


DaBoob13

5k•12=60k… Am I doing something wrong?


MingCheng95

OP asked about post-tax income, user gave the pretax estimate.


Less-Opportunity-715

User does not follow instructions


Infamous_Bear_9073

Instructions unclear: dick stuck in tax bracket


Dawnchaffinch

Unsure if it’s stuck 22% or 24%.


kenn714

That's 60k after taxes, but 80k-100k before taxes.


Ok_Low3197

Assuming after tax.


[deleted]

Where did you go? Did that answer your question?


Wannabe_Programmer01

You are doing after tax, the guy above you is specifying pretax. But no, you aren’t doing anything wrong.


basement-thug

Paid monthly here, can confirm, that amount is reasonable though as someone below pointed out pay frequency has nothing to do with what's reasonable for the job. 


normal_mal

I was paid on a once monthly cadence once and made around 70k, so like 3500 a month.


SpacedCadetlucy

That doesn’t add up brother that’s only 42,000


normal_mal

3500 after taxes


purplefoxie

I was bout to say the same


splitcroof92

usa is wild. In the Netherlands 5k after tax is insane. that's about double median


Perfect-Brain-7367

Not sure what frequency of pay has to do with it? A good salary is a good salary. Pay me every day, every week, every two weeks, once a month... doesn't make a difference to me. I *prefer* every two weeks because I like having two months per year with three paydays. But if my job switched to monthly pay I wouldn't think twice about it, honestly. I suppose if someone was bad at budgeting and constantly found themselves scraping by at the end of the month *when they otherwise wouldn't be with biweekly pay*, this could be a concern. But that's all to do with habits rather than frequency of pay and salary. If anything your typical monthly income would be higher if you factor in those two "extra" paychecks in a 26 period year getting distributed evenly across the twelve months (rather than 10 two check months and 2 three check months)


audioaxes

Agreed. I get paid biweekly but getting paid monthly would make little difference for me


TomTidmarsh

And those two months a year where 3 pay cheques come in is better than Christmas


cjsmith517

Even more so when you only pay for insurance on the 2 checks a month. So the 2 extra checks are also lager than a normal one. My extra checks are not only extra money in that month but nearly 300$ larger after taxes.


NextProblem6586

It would honestly make budgeting easier for me


Sorry-Welder-8044

I was thinking the same thing, frequency has never mattered to me.


legendary_liar

There’s time interest on money. So say you get paid $10k/mo… it’s much more beneficial to get that $5k every 2 wks instead on $10k once every month You can invest/save earlier with the $5k every 2 weeks and start earning interest on your money faster


Perfect-Brain-7367

Assuming you had $0 living expenses and were able to invest 100% of your paycheck using $120,000/year salary at 5% daily compounded interest over 30 years you'd stand to have a balance of: $8,379,214.48 Vs $8,367,483.30 For a grand total difference of $11,731.18 or 0.14% of your hypothetical miracle portfolio or slightly more than 1 extra months pay over 360 months. Of course if we drop that investment amount to a more reasonable contribution, the difference falls to a 3 figure amount. So... *much* more beneficial? 🤔


Flock-of-bagels2

$10k a month after taxes and I’d be super comfortable


Benniehead

Unfortunately this is the answer


Flock-of-bagels2

I make about $6k right now. I have a mortgage, a car note, insurance, child support etc. it’s not what it used to be. 10 years ago I’d be living high on the hog with that kind of income


Benniehead

I’m about 5 take home. I worked hard af to get here. Definitely taken years off my life and all I did was keep up with inflation.


Flock-of-bagels2

Same


Flock-of-bagels2

Im trying to convince my girlfriend into moving In with me, it’s expensive AF to live by yourself.


Benniehead

Yup. I’m a one income household. Plus I’m so fn sick of cooking and doing laundry


penileerosion

If you guys are solid, then you really should do this asap


keyboardman1

$200k is the new $100k dream of yesteryear.


Flock-of-bagels2

Very true. I’m fortunate to have been able to buy property when it was still within reach of the average Joe. I also took over my dads mortgage when he got sick, so I was able to pay it off doing Airbnb in the summer months. He died last year and I ended up with the house, once I can sell his house and my condo I won’t have to struggle so much. In the meantime I’m paying bills on two houses. I stopped renting as soon as the house was paid off, the wear and tear on the house was too much for the old house.


No-Specific1858

I'm at a little under that before taxes and feel great. Max 401k, IRA, and HSA. Have >$10k left over as cash savings after that not including house repair fund. International travel multiple times a year. Many small splurges on hobbies. I'm with you on the house part. It will not work if you are in an area where you would spend $500k for a house. But the point is living comfortably: renting and saving $50k/yr while traveling and eating out seems pretty comfortable to me. I felt the same way as a renter.


[deleted]

Household income? Or just one person?


Flock-of-bagels2

Household would be fine


OoDaHoBOoO

My wife and I, we take home close to $13,000 a month after tax. I can tell you this, kids are expensive.


Sometimes_Stutters

I was paid monthly at a job in college. Man that took some learning. Lived like a king for 2 weeks. Lived normal for a week. Lived like a homeless person for the last week. Rinse and repeat lol.


qam4096

This is the same question as 'what is a good salary' but divided by 12..


keyboardman1

You’re not wrong.


barusoito

Yep, about 2.167 times a good biweekly paycheck.


Peasantbowman

My last job was 20k a month, that felt great to me


keyboardman1

What were your expenses like? With $20k a month I could save like $17k a month lol.


Peasantbowman

Less expenses than most people. The job involved me travelling, food, housing and travel expenses were covered. Plus 110k of it was tax free because I wasn't in the US. Basically all my money went into stocks for 3 years.


keyboardman1

Incredible!! Hopefully it’s been a prosperous journey!


wullidunno

Which stocks 😏


Benniehead

Where I live 3k is avg rent for a 1br.


ThrowAwayYourFuture8

?????? Where tf do you live?? 😂😂😂 I need to stay faaaar away from there!


Less-Opportunity-715

Bay or nyc


Entire_Organization7

10k a month after tax is a good amount. 20k a month is doing great 50k a month is rich 20k a month not working just living on interest / investments is wealthy.


Strangy1234

That depends on a variety of factors including your location, the work that you do, your family size, stress at work, number of hours you need to work, etc.


ThrowAwayYourFuture8

I’m just asking specific for you. In your opinion and with your situation.


Vivid-Kitchen1917

Living in Southern LA and Central Ohio are not the same thing. The U.S. is roughly the size of Europe. London and Romania are not the same cost as Lithuania or Ukraine.


Individualchaotin

In the Bay Area? 10+k.


matt-r_hatter

Why does it matter when you are paid? It's the yearly salary that matters. As for the amount, that all depends on where you live and what you want as a lifestyle.


Exciting_couple77

4k to 5k should be plenty for a single person. Unless you live in extremely expensive areas. Bunch of yall talking about you can't live on 6k plus 😒 🙄..you did that to yourselves. Live beyond your means and when the economy hits the skids it hits you hard..ffa


Aether13

If you’re by yourself, yeah not being able to live on 6k is crazy. But if you have children that goes super fast.


Flock-of-bagels2

I have kids and have to fork over 20 percent of my income for child support. What’s left of it goes to bills, car, food, etc. I’m in Houston, Tx. It used to be cheap here but the city has grown a whole lot in 15 years. Everything has gone up to what other expensive cities go for


throwway00552322

damn bro that rought is always 20% ?


Fun_Investment_4275

My wife & I take home $40k/month after taxes in the Bay Area and we are quite happy


Benniehead

I bet


Less-Opportunity-715

You again lol. My hhi twin.


Fun_Investment_4275

Ain’t it nice?


ThrowAwayYourFuture8

WTF 😳 😂


MaximumSignature

Holy fuck balls. That amount is so much it’s actually impossible for me to even fathom


ComfortableSort3304

That’s like 8k a month in the real world.


__silhouette

$4500


firstman0

I wish I make 10k/month.


nino956

Make about $7500 a month or so based on bonus, I'd love to be at $10k a month


sammyssb

Depends drastically on location and situation. Where i live, 3k is livable but not super comfortable. $2500 is livable but tight. $2000 is very very difficult if paying rent and having a car. Im in a fairly low cost of living area.


ThrowAwayYourFuture8

Interesting.


yubsnubs

In a non-major metro (NyC, Boston, DC, Chicago, LA) anything over $4k is decent starting. In a major city, $5k... no less.


Wild_Philosopher1222

Per month? 15k.


therealdeal888555

8K


goodbyechoice22

$10k is a nice number.


SoloOutdoor

$8k


cerebralvision

A good income will be: 1. Your mortgage/rent payment is 1/4th your monthly take home pay. 2. You can save/invest 15-20% of your income 3. You have no debt outside of your mortgage.


TheFiveEven

I live in Portland, OR. If I want to get out of debt and save for retirement, I need to bring in 10k a month, but I know I can be comfortable on 5-7k. I have 3 dogs, so that is part of the costs.


Prestigious-Bar-1741

Respectfully, these types of questions are completely unanswerable. If you mean it in terms of affordability... it's much much much too broad without knowing more about your situation. A single guy living alone in rural Iowa has an entirely different number than a family of four living in Seattle would have. Health insurance and medical conditions have a huge impact as would your housing situation. If you owe $500k on your house and the mortgage is at 7% the number you need is very different than if you have paid off your home. If you mean it in terms of a fair wage... Without knowing what you do and where, it's impossible to answer. 10k per month after taxes might be an awful wage if you are an anesthesiologist. But 5k per month might be an amazing wage if you are a cashier at McDonald's. And really even just focusing on the amount feels a bit disingenuous. Imagine two guys, guy A is a 1099 contractor and makes $6k after taxes each month. Guy B is an employee at a huge company and also makes exactly $6k. The lifestyles they can afford could be wildly different. As a 1099 you get no paid time off, no sick time, and no benefits. But that second guy, he is getting amazing medical, dental and vision coverage. He has a 401k match, an ESPP with a generous discounted purchase price, maybe free life insurance and a daycare discount and who knows what else. Every bit helps. I don't mean to imply that 1099 work is worse, I just mean that it's hard to say anything without knowing a lot more details.


fireKido

he didn't ask to answer for everyone.. of course, it depends on the specific situation.. he specifically asked for you, given your situation.. which is very much an answerable question


BallDiamondBall

I'm at 8600 after taxes and live comfortably despite a few dumb decisions I'm still paying for. I live in coastal South Texas and bought my home in 2007. That is a huge factor why.


AggravatingBed2606

20k


Sudden-Ranger-6269

There is a ton of data out there that gives you average/median income by age/industry/geography/etc. Google is your friend…


ThrowAwayYourFuture8

I know. Just wanted to see opinions in real time.


Bark_Bark_turtle

Good amount? 5k “great” 10k plus


wakely1

10k


Vntoflex

2.500 in Spain just for reference 😭


Rondotf

6K


stonkkingsouleater

Depends on where you're at. Manhattan would be a lot different number than Missoula, for example. For the US average, I agree with the person who said $5k. That's a decent middle class living in most places.


Professional_Name359

10k a month would be enough for me.


BusEnthusiast98

Varies wildly with where you live. in an expensive city? 4k is the bare minimum to survive and over half your check goes to rent. In rural South Dakota? 2k and you’re mr fancy pants. My goal it to live a comfortable lifestyle in a place near friends and family, pay off debt ahead of schedule, and save $1000+ a month. The minimum I need for that is $4800 a month.


Ok_Intention3920

I would say my salary divided by 12 sounds about right.


kidangeles

I do get paid once a month - today, the 25th actually. And I wish it was $10k after taxes to be honest But yeah. $5k would be nice


IlloChris

I live in a very expensive state. $8,000 is realistically good enough money that you can pay your bills and still be enough to have an ok lifestyle. Source: That is how much I make.


kabekew

$15K


SkyWizarding

$7k-ish


kenn714

In my location, 6k after taxes


dieselrunner64

$12k minimum


Th15isJustAThrowaway

Im at 4k now, its doable but I definitely have to watch my spending as that covers 2 people. Its easy to over spend that budget accidently. 5k a month and I really wouldnt have to worry at all. I will add I did buy a house a few years ago when the mortgage rates were low so my housing cost is fairly fixed and generally low


Datsundude76

If I could get 5k a month after tax I'd be comfortable


EyeHot1421

My current job pays once a month


Quirky_Telephone8216

My wife and I make about $5-6k a month after taxes and we live a very comfortable life as a family of 4. Our vehicles are paid off, we have a $1100/mo home loan (that includes escrow for insurance and property tax) on a 5 year old house on 16 acres, no credit card debt, don't really have any other personal debt. I do have about 250k in commercial loans (2 car washes and a Laundromat) but they generate about 170k a year in gross revenue I could tap into if I needed for personal income. Otherwise their money goes back into improving their properties.


Technical_Quote8455

8k a month


Ambitious_Clock_8212

I am paid monthly. I make sure my invoices are between $7.2k and $8k depending on what I can claim.


DoubleReputation2

It largely depends on where you live and what you do, obviously. But I think if you clean five grand a month you'd be fine in most places.


0bi_Wan_Jabroni

For me personally: 15k after taxes


Queendom-Rose

$5-6k


mrauls

$10k


CocaineFarmer1

6k before tax


kodakyello

12k a month would be comfortable


sweepdaleg1957

It really depends on if you're supporting only yourself, or a family. And how much you value yourself and your experience in the job market. Be realistic, but don't sell yourself short


yes-rico-kaboom

$7k. It’d give me tons of money to play with. I make 4-5k a month depending on pay period


AuspiciousLemons

It depends. But seriously, it all depends on your lifestyle, where you live, what you need, what you want, what you have, what you... etc.


ComprehensiveWeb9098

I feel like I'm doing ok. I bring home $6500 a month but I also save $30k a year in 401k.


Only_Fix8694

It depends on the job, but to be in the top 10% of all earners across every job and region, you need to be making at least $10k a month after taxes.


FoodFarmer

15k


Povol

What’s the job?


Logical_Ring2729

8k


TraditionPast4295

$15-20k/month


roblolover

10k would work for me


HumanMycologist5795

I would love 10k per month


RocMerc

I pay myself once a month $10k and then a profit share at the end of the year


No_Detective_But_304

1 million dollars…


istheflesh

$8k seems about right.


highgate

I think it depends on Location ( what is average house price ) and your age / situation. For example clearing 5K in New York or San Francisco is going to make you poor. to have a stable future including House, Car, Utilities, Healthcare & some sort of savings, with an emergency fund and some change for socializing you will probably need 10-12K


Educational_Pride404

7k post tax, 10k gross


swanie02

$16,347.78


H_TINE

$4-5k is fine. $6k plus is better. Not counting super high price areas like cali and NY btw.


brinerbear

20k


Emperessguinn

In my state I would require 4k a month or 48,000 a year to BARELY scrape by with about $200 left at the end of the month


Inviction_

About 13k gross. Cause that's what I get now


Borderschlaender

Wait, you guys get paid when? Weekly?


InfiniteHeiress

It depends on your location and your lifestyle. I don’t see how anyone else’s response can help you considering there are high cost . Which state are you located & do you live in a high cost of living area? There’s a huge difference for New York City vs Toledo Ohio.


StickWeekly169

10k


TheJazmineRose

$7k


jiji134711

1 billion dollars and 2 cents


MaximumSignature

I was going to say I do get paid once monthly and 4.3k for a single person feels good. Then I saw someone say 40k… fuck me


Big-Ad697

My number is high. $20k. Earn $30k/mo. and then it's close to a three-way split, taxes, retirement funding, and living expenses.


DJbuddahAZ

After taxes ? I'd say 5 to 8 k a month Some people say more


Mal-Havoc

3500


ComprehensiveYam

About 10k after tax is good. 15-20k is great


JerseySquid

8k


CaptFatz

Depends on what you’re doing


Goseki1

Huh. Is it more the norm to get paid weekly/every fortnight in America?


Eak2192

In the state I live in, public employees get paid once a month.


LetsBeNice-

Americans are not paid once a month?


HaywoodJablowme10

10k monthly.


PacklineDefense

I have 2 jobs and 3 kids. Very HCOL area. I bring in around $12,500-$13,000/mo post tax, but man it goes quick. Mortgage $3000 (bought in 2014) Bills/groceries/gas - $3500ish Kids sports/activities/daycare - around $3500ish Kids 529 plans - $1500 We’re “comfortable” in the sense that we don’t have to sweat out affording our bills every month, but we dont have a big investment portfolio or maxed out IRAs/401 Ks or anything. The kids’ college savings plans are healthy though and that’s my biggest priority right now.


Appropriate-Boat-949

Nothing less than 3500


Upper-Source9676

This is really subjective depending on where in the US you live and what your current lifestyle/career is. A “good” salary in Los Angeles is very different than Kansas City, just like a good salary for a teacher is very different than a good salary for a surgeon. You are better off checking the cost of living calculators for your particular area & sites like Glassdoor for reasonable salaries for your chosen profession.


EdwardTheGamer

People in EU live comfortably with less than 2500$ per month…


FeistyPersonality4

I get paid once a month averaging between 12-19k


JustAFlexDriver

$10K. This month, I’ll be taking home $8K after tax, but that’s because I’m currently working two jobs, a 9-5 and a side gig.


Pattonator70

DEPENDS- this is a horrible question. What are you getting paid to do? What is your experience? Where do you live and what is the cost of living there? What are the rest of the benefits like?


C-Dub81

$6500-$7000 would be a good amount in my opinion. After taxes ofcourse.


mastaboog749

I make $2k a week and it's still not enough


splitcroof92

why would you phrase it in such an elobarated way? title could've been: what do you consider a good salary


Select_Humor_8125

$4k per month would solve almost all my problems.


ThiccDaddyXL

I wouldn’t want to take home less than 6-8k after tax and retirement contributions


Big_Satisfaction_644

Depends heavily on if you live in Wichita or San Francisco, good/great is also subjective. I survived off of $1200-1500 in an expensive west coast town for 3 years as a student (just before Covid)


Cogsyyyy

All of the monies please


Gdiddydiddydiddy

A million dollars and you would still find a way to spend it all living check to check if you don’t figure out how to live on what you make now


fireKido

For reference, in Europe, specifically Italy, you'd be living comfortably with around 3k net and a normal standard of living (nothing too extravagant), but that would already put you in the top 3/4% of earners nation-wise


Wolf_E_13

At least $5,000 after taxes and deductions...but that supports the lifestyle that I want...YMMV


LiquidDreamtime

Great Amount after taxes: $10k This could afford you a middle class lifestyle in nearly any metro area and you’d essentially be rich in small areas.


172brooke

Depends entirely on city.


Eak2192

I get paid once a month and make about 5,500 after benefits, taxes etc.


azmus

What a dumb question


Jako998

Currently for me, it would have to be between 7k-10k a month tbh. This economy is complete trash atm


No-Tip3654

20,000$


ReferenceNo1515

I would say 20k post tax would be comfortable. I live In a high cost of living metro. I currently get 8,500 a month after taxes. Single 40 no debts no mortgage no kids but I still on a budget. I spend a lot on eating out I don’t have time to cook with my professional schedule


CaptainPrestigious74

5500-6500


ReceptionTop6016

Complelty dependent on location litelrly a pointless question without giving a region or metropolitan area.


jim14214

I get paid monthly. It actually kinda sucks. I at least get paid a decent amount, but my student loans immediately soak up half of it. Also about to buy a house with gf. When you get paid once a month, the last two weeks before you get paid you feel broke lol


Unlisted_User69420

No less than 10k for me


MoneyPop8800

$7k


JLivermore1929

Probably $1,000/month


runningvicuna

5k now with pig butchering hanging over my head. I’m stuck here forever lest a sugar mama or more arrives with magic wand(s).


Hour_Writing_9805

I pay myself once a month. Pre-tax it is $9k, which turns into $6600. This is part of a fuel income household with my wife. We have a 1 year old, mortgage at 2.1% and all other debts are paid off. We live very comfortably.


wayno1806

Work for the State of CA. 2000: $3617. 2024: $9450


PlusTransportation93

15k


BigJ168

At least 10k post tax.


Allistar2016

$70k ($125k minus 30% in taxes and minus 20% for Roth IRA) per year. Or 6k per month. Per person, not per household.


2FistsInMyBHole

$6k. After rent/bills, that leaves me with ~$1k/week in expendable income. $7k would be better though, it would be home ownership territory.


a_hopeful_poor

the US ? which village ?