There are not really frills, but in terms of “have shelter and food” it can work. Not everywhere is SF.
And speaking of food, the USDA says that over 47 million Americans lived in a food insecure household in 2024. That's 1 in 7 people. In the world's richest country that prides itself on being the land of opportunity.
This statistic looked suspect so I had to look it up. The study defined multiple levels of food insecurity. The big 47 million number included mostly households where eating patterns were not disrupted and people did not reduce their food intake.
So most “food insecure households” actually had enough food and maintained their normal eating patterns. That’s not what most people would think of from that statistic.
I do agree that we should continue working on food security for all, but if you think 1 in 7 people in the US are going hungry then you’re consuming some misleading statistics.
Don’t exaggerate what is required for a decent quality of life in America. It doesn’t benefit anyone.
Where? And what's the size of the household?
It's one thing to make $50,000/year as a single young person sharing an apartment with 2 other people. It's another to be a family of 4.
> Don’t exaggerate what is required for a decent quality of life in America. It doesn’t benefit anyone.
"Decent" is subjective, but we can look at hard numbers.
After taxes, $50,000 will be somewhere between $39,000 and $42,000 in much of the US. That's $3,250 to $3,500/month. The median rental price of a 1 bedroom apartment in the US is about $1,500. A 2 bedroom is somewhere around or north of $1,800. That means the median 1 bedroom apartment already eats up almost 50% of your after-tax income at the lower end.
According to BLS, the average spend on groceries in the US is now over $500/month. The average cost of a used car in the US is now over $25,000. A set of new tires will run you $400 to over $1,000. The average cell phone bill is $140/month.
Do I need to keep going?
Numerous studies show that over half of Americans are living paycheck-to-paycheck and almost three-quarters of middle income earners say their wages aren't keeping up with the cost of living.
What doesn't benefit anyone is to pretend that tons of people aren't struggling.
So the other poster's argument that $50,000/year isn't so bad because of transfers, tax credits, subsidies, etc. doesn't hold up to real-world examples.
NO. WRONG. Read what I actually said. This was after transfers, at the OP's income range US income tax is NEGATIVE and puts you at the $49,000 I cited.
Yelling doesn't prove your point, and you conveniently avoided answering the most important questions, like where and what household size?
First, there is no credit that offsets payroll tax.
A single person with $50,000/year income is not negative. They'd have about ~$34,000 in taxable income and pay ~$3,800 in federal income tax. A 2 person household filing jointly with no kids would still pay about $1,800.
A family of 4 (2 children) with $50,000/year gross income gets a benefit and probably keeps all of that (or a bit more) in take-home after the standard deduction, child tax credit, EITC. At 155% of the poverty line, they're probably above the SNAP gross-income cutoff but they'd probably get ACA premium subsidies and reduced-price school meals.
But they're still living at 50% of the median household income for a family of 4 and you'd have to explain how you think 4 people living on $4,100/month is anywhere near decent or easy in most of the US. The median rent alone for a 2 bedroom in the US eats up over 40% of that amount.
A family of 3 (1 child) in most states will not be negative after payroll and state tax at $50,000/year gross household income.
Exactly. Only a few small groups are exempt from FICA.