Monday, May 08, 2006

Living Well in the U.S.A.

Forbes.com has an article about how much money you need to 'live well' in various US cities (link: What It Costs to Live Well in the US). No surprise that New York City, Boston, and L.A. are rated the most expensive, but where in the U.S. can a family live an upper middle class lifestyle on an income of less than $200,000 a year? Try Wichita, Kansas, Sioux Falls, South Dakota, or Des Moines, Iowa.

Keep in mind that by 'living well' they mean making enough money to comfortably afford "a four-bedroom house in an upscale neighborhood; a vacation home in an upscale resort area; a BMW 325i sedan and a Lexus RX 330; eating out at a pricey restaurant once a week; taking three luxury trips a year; and sending one child to a local private school and one to private college."

If that sounds like the kind of lifestyle you could go for, then you might want to consider a move to one of the cities on Forbes' 'Least Expensive' list. Oh, and don't forget to figure out how you're going to pull down the $200,000 a year you'll need to make it all happen.