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In some spots in this country, it costs parents well into six figures just to eke by.
The amount that a two-parent, two-child family needs just to pay the bills (but not have money left over for savings) ranges from about $50,000 to more than $100,000 depending on where a family lives, according to data from the nonprofit and nonpartisan think tank the Economic Policy Institute.
“This does not mean a middle-class lifestyle,” says Elise Gould, a senior economist with EPI. “This is just living, no savings.”
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1. Washington, D.C.
2. Nassau-Suffolk County, NY
3. Westchester County, NY
4. NYC
5. Stamford-Norwalk, CT
6. Honolulu, HI
7. Poughkeepsie-Newburgh-Middletown, N.Y.
8. Ithaca, NY
9. San Francisco, CA
10. Danbury, CT