4/4/07

How 'cool' do you want to be, Roanoke?

In the quest for 'coolness' and the young professional's dollar - Roanoke keeps coming up with ideas to improve itself. But there is one thing that must work, considering how many 'cool' cities are like this.



Maybe Roanoke should try it:



Startling new figures on NYC's middle class

WABC Eyewitness News



(New York - WABC, April 3, 2007) - There are some truly startling figures out about how much money it costs a family of four to live a middle class lifestyle in New York City.

The costs, according to the figures, is between $75 and $135,000 dollars a year. Those numbers are way above the national average.



And not surprisingly, many families here are having a very difficult time reaching that goal.



Eyewitness News reporter Sandra Bookman has the story.



Brooklynite Erica Casey-Lee says the family finances have definitely suffered while she's been on maternity leave since the birth of her second child, and making ends meet on her husband's salary alone is a delicate balancing act.



A new survey shows more and more New Yorkers are having to do the same thing in order to maintain a decent standard of living and things don't appear to be getting better.



In fact, while the median family income her is just over $49,000 dollars a year, those surveyed said it actually takes $75 to 135,000 dollars a year for a family of four to live a middle class standard of living.



While health insurance, owning a computer with Internet access and having a full-time job were considered essentials for a middle class standard of living in New York, reasonable housing expenses were at the top of the list.



Many housing advocates say that's not surprising in a city where million dollar plus apartments are becoming the rule not the exception.



Still, despite the challenges of making a life here, nearly every single person we interviewed told us any place else simply wouldn't be New York City.



(Copyright 2007 WABC-TV)



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Just think, if we overinflate the Cost of Living, Housing, and the rest of the day to day expenses - it must make a place cool! There is not one major city that does not have this problem, so it must not be a problem - must be a solution.



Of course I jest, but those figures will give anyone pause for thought.

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