And that has nothing to do with the fact that you don’t need “FAANG money” to live a comfortable life in Idaho…
Besides cry me a river for the people in red states who keep voting for politicians who are voting for policies that hurt them as long as they can “own the libs” and see ICE mistreat brown people.
Idaho has an affordability crisis and it is partly caused by rich people from out of state using their FAANG (or equivalent rich work) to box them out of properties.
You illustrate the point perfectly. "Not living on the streets" is not exactly a measure of prosperity. With $55K, you cannot afford a decent place to live, a health event can and will bankrupt you, and retirement is out of the question.
If you go by the 30% of your budget guideline making $55K a year as a single person you can definitely find a place to rent for $1375 in a decent neighborhood.
