Well you math is not very accurate when it comes to fees. So even without college. A car would cost 8k, rent would be around 6k, health care would be 2.4k, food at 250 a month is 2.7k. That alone is 20k. This doesn't include entertainment expenses let alone emergency like actually getting sick.
Re:Why Are Millennials Wary of Freedom?
by RamenJunkie_ on Monday October 16, 2017 @07:22PM
(#15487459)
8k/ year for a car? You could pay one off in like 2/3rds of that if you buy something used.
Re:Why Are Millennials Wary of Freedom?
by randomdata on Monday October 16, 2017 @06:18PM
(#15487102)
What math of mine are you referring to? The $30K figure comes from the link.
No it's not.
Re:Why Are Millennials Wary of Freedom?
by randomdata on Monday October 16, 2017 @05:57PM
(#15486963)
No it's not what?
For what it is worth, the median income in Canada is also ~$30K[1].
[1] http://www.statcan.gc.ca/tables-tableaux/sum-som/l01/cst01/f...
It's not more than enough for a person without dependents to live comfortably.
it's enough that you won't starve to death.
Re:Why Are Millennials Wary of Freedom?
by randomdata on Monday October 16, 2017 @06:06PM
(#15487022)
Are you, perhaps, confusing Toronto or Vancouver with Canada? I can see how $30K wouldn't get you far there. Where I live, in a rural part of the country, I don't know how I, without dependents, would even manage to spend $30K in a year if I tried. The large majority of Canadians do not live in those cities.
The median income in the US is not far off $30K[1], so what do half the population do?
[1] https://en.wikipedia.org/wiki/Personal_income_in_the_United_...