- What is a good salary in US 2020?
- Is 8000 dollars a month good in USA?
- What is the average monthly salary in America?
- Is 10000 dollars a good salary?
- Is 7k a month good?
According to the Bureau of Labor Statistics (BLS), the national average salary in 2020 was $56,310. Though wages above the average could be seen as a good salary, there are no hard and fast rules regarding how to determine a good salary since there are many external factors involved.
The answer is simple: Yes, $8,000 a month (roughly $96,000 annually) is enough to live one. Sure, there are some places where this salary would comparatively get you little to nothing, but at the end of the day, it is entirely possible to live comfortably with this kind of cash flow.
List of American countries by monthly average wageStateLocal CurrencyNet (USD)United StatesUSD$3,740BrazilBRL$678MexicoMXN$560ColombiaCOP$246
By any objective measure it is a high salary. Sure, you can find people with higher salaries. But at that rate you would be at least in the top 5–8% of U.S. incomes, and close to the top 0.1% globally.
Perhaps in very rural areas you will be able to live an upper middle class lifestyle on $7k per month, but it most of the US $7k per month is solidly middle class. You might be creeping towards upper middle class in a few very inexpensive areas, but mostly not.