It takes a $300,000 salary to be middle class in cities like San Francisco and NYC, and a financial expert gives the 'sad' breakdown of why - Business Insider

A standard middle class home in some San Francisco neighborhoods can cost upwards of $1.8M. Sam Dogen spent 13 years working in finance on Wall Street before negotiating his layoff (and a severance package) in 2012 at age 34. He lives in San Francisco with his wife and baby and runs the blog Financial Samurai. He says that in order to comfortably raise a family in an expensive coastal city like San Francisco or New York, a household must earn at least $300,000 a year.....
https://www.financialsamurai.com/living-a-middle-class-lifestyle-on-300000-year-expensive-city/