Can $100K Survive in California?
About this episode
Mikey Taylor and Michael Michalov analyze whether a family of six can realistically live on $100,000 a year in California by breaking down various living expenses.
A viral clip says a family of six can "easily" live on $100,000 a year in California. So we pulled out the calculator and tested it line by line. Mikey Taylor and Michael Michalov break down the budget behind the clip. They look into mortgage, groceries, gas, health insurance, all of it and find out where it holds up and where it completely falls apart. The truth? The number you bought your house matters more than the number on your paycheck. By the end, we land on what it costs to live here today, and the difficult choice that a growing number of California families are facing. In this episode: • Why a $2,000 mortgage is out of reach for many buyers today • The grocery, gas, and health insurance numbers nobody budgets for • The income you may need to live in California with kids • Stay and sacrifice, earn more, or leave the state entirely • Why it feels like people are living in two different economies If you've ever felt like you're drowning while making "good money," this one's for you.
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- The Real Reason Homes Got So Expensive
- The Government Loan Owners May Not Know About
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