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For one person, could I live on $64,000 a year? In this scenario I would be renting an apartment and driving a paid for vechicle.?
12 Answers
- 4 years ago
That's a lot of money. If your rent is not too high (like not over $1600 or so, then you will have plenty of money to live off in one year.
- R PLv 74 years ago
That depends on where you live.
Where I am in Florida, a single person could live comfortably on $64K a year, as long as he sticks to a budget.
- GEEGEELv 74 years ago
Sure. Some areas are more expensive than others (much more) but it's above the national average in most locations in the US.
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- ?Lv 74 years ago
It depends on where you live, but in the vast majority of the US that would allow you to have a pretty pleasant lifestyle and still save for retirement.
- samiamrdLv 74 years ago
Half of the US lives on less than that. They also own homes, cars and fund their retirement accounts. It all depends on where you live. You did not say where you live, but here where I live in NY state, 64K is a lot of money to earn...