The rise of the two-income professional household has reshaped what people think of as middle-class. A household with one adult earning 130k and another earning 90k has a household income of $220k. A household with one adult earning 90k and another earning 60k has a household income of $150k.
Individually, the salaries aren't so far apart that the couples in question would see each other as belonging to different socio-economic classes. But collectively, that $70k difference in household income is huge.
So when family A has two new vehicles at 45k each, and has their kid in an elite sports team that costs 8k a year for fees and travel, family B just sees that as normal middle-class standards and follows suit.
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Originally Posted by fotze
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Last edited by CliffFletcher; 10-28-2019 at 11:37 PM.
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