Last week the Economic Policy Institute released its updated Family Budget Calculator. According to the EPI, the average cost for a family of four to live comfortably in Charlotte is $64,728. My first initial thoughts:
- Why does my individual monthly budget resemble that of a family of four (hellooo necessary cutbacks on my end!!)?
- That seems extremely low.
- What do they consider “comfortable” living?
- If that’s the case, I’m pretty fortunate
What do you think? Do you think your family could survive off of this amount?
Two Parents, Two Children
|Monthly Child Care||$1062|
|Monthly Health Care||$1427|
|Monthly Other Necessities||$396|