But don’t worry about inflation 🤡🌎

“Americans' Estimated Annual Income Requirements for Family of Four in Their Community”

“The latest average of $85,000, from an April 3-25 Gallup poll, is notably higher than the federal poverty line for a family of four, which is currently $30,000.”

“In 2013, the average estimate was $58,000, and the federal poverty line for a family of four was $23,550. Accounting for inflation and the subsequent change in purchasing power, Americans’ 2013 estimate translates to $75,668 in 2023 dollars. Their 2023 estimate therefore reflects an increase of about $9,000 in perceived family needs beyond what inflation alone would account for.”

https://news.gallup.com/poll/506405/americans-say-families-need-000.aspx