Middle class income has been declining in recent years. Some middle class incomes are good for different regions due to the cost of living. Do you feel middle class in your area and why?
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We can gauge how we are doing and whether we feel like middle class or not.
I think it definitely depends on your location. A modest salary in rural Kentucky can afford a wonderful lifestyle but move to metro NY and you'll feel like a pauper!
I agree! As long as I make enough to not have to worry about how to pay for bills, I'll probably consider myself middle class.
And that's a good point, makes you think twice about heading to such an urban environment.