How can I live with 45000 USD per year in the USA?

If I gross 70000 USD, I'm single and buy a home, I would have 45000-48000 USD per year left. How can I live with those money? What can I afford? Would I fit in middle-class America?|||You should be fine, there are many families living on that amount of money.





There are many people struggling to survive on less than half of that income for a year.





Just budget your bills and don't overspend, and with a few investments of your choice, you should be able to live quite comfortably.





Try to keep you mortgage as low as possible, a lot of financial advisers recommend 1/4 of your income as the ideal, although some people will spend 1/3 of their income.





Good luck and happy budgeting.|||You are confused.





You need to save at least 80% of your salary ($56,000.00 in your case) to pay for your home and live with only $14,000.00 per year.





If you spend at least $45,000.00 USD per year then you won't save at least $1,000,000.00 USD ADJUSTED FOR INFLATION for your retirement.|||u wouldnt be struggling. you'd be doing just okai. some smarter choices and saving here and there will get you through it|||check out the job sim at http://finfo.com . You can compare the cost of living in different areas and see how much money you'll have left over.





If you lived in Texas or Florida, there is no state income tax so you'll have a lot more money left over to buy a home or pay for other expenses.





Here's the direct link: http://finfo.com/job





You can compare up to three locations. Just type in 70,000 as your income for each area and it'll show you which area is the cheapest to live in. You'll also find statistics on home prices and rent for each location.





Good luck!|||You'd be doing a good bit better than most Americans and should be able to live comfortably. You will still have to budget and make sure you're not overspending .. but you would be no where near the poverty mark!|||depends on what part of the US.