> can you live off 25k-30k a year?

can you live off 25k-30k a year?

Posted at: 2015-05-24 
technically you can live off $0 a year. the question is how comfortably you can live off of what you earn taking into account your expenses; and expenses are largely determined by the cost of living wherever it is that you live i.e. 30k a year might be good in middle of Kentucky in a small town but in a big city like New York, Chicago, L.A. you are barely going to be able to pay rent with 30k per year. So it really all depends.

But just in general, 25-30k is going to be on the low end of salary and i would find it difficult for most people to be able to pay bills and still have some money left over for leisure and savings.

Edit: taking into account what you have said in your updates; Yes, i think you should be ok as long as you seriously pinch pennies. and if you have the ability to move up and make more money in the future then you should be ok. Not having much debt is a very good thing. Get that car paid off asap. good luck

Easy! I make that much a year and I'm living comfortable....I mean I don't have a country club membership or a yacht but I'm good

Possible with a little comfort and without luxury. The problem is savings for the retired life.

LMAO I have lived off less than that for most of my life.

I also live in Oregon,

You probably could not in most parts of California or New york

I hope I never make 25-30K a year because my wife and I make $332,800.00 per year combined so when you are use to filet mignon, its kind of hard to go back to hamburger helper.

Depends on where you live

Californis or NE coast probably not, here in central texas,

easy

Every adult not living with their parents and making minimum wage lives on little over half that amount. If they can do it, so can you.

Yes, as long as you don't have an unemployed husband/wife and a kid.

Lots of people live on that and less.

I could! I live under that now!