Hacker News Reader

Where do you live? My parents mortgage for a 3br/1ba is under $300 a month. I know people in my hometown with rent well under that.

Are your safety numbers built on an urban cost of living?

View on HN

Urban germany, so yes stuff is more expensive here. On the other hand I never see a doctor and live very efficiently. If I had any real expenses things would look differently.

I agree that in theory you don't need that much money. But you have to go the high road when estimating living expenses, people have bad luck, special requirements etc. So in practice everyone should have enough cash to fuck up a few times, even if they don't a lot of people would enjoy living longer simply because of less broke-stress. Some people can handle it, some people can't. I'd even go as far as saying that every person should have the funds to start a business.

In Melbourne, Australia rent and/or mortgage repayments are more than that in a week. Moving out to the country will save a little bit but also limits access to jobs. I don't think you could get a mortgage for a 3br house for $300 a month anywhere these days.

Reply on news.ycombinator.com