Is $70,000 a year alot of money?

Question

im english so americans, is that alot of money to you.

Answer 1

It really depends on where you live.  In some places that would be good income, but here in New Jersey it barely supports a single person, let alone a family.

Answer 2

no not at all if you are 18 and up

Answer 3

not bad

Answer 4

Depends where you live.  In most areas of the US $70,000 would be a great income.  Check the averages:

http://en.wikipedia.org/wiki/Personal_in...

However, in many major cities and the suburban areas tend to be much more expensive.

Compare and contrast:

http://www.bestplaces.net/col/

EG, try Atlanta, GA, versus New York, NY or against Memphis, TN

For example, I'm in the Philadelphia, PA area.  If I move to New York, NY, housing will be 263% more expensive.  If I move to Philadelphia, MS (Mississippi); housing alone would be ~36% less expensive.