> Apartment in a moderate-cost area is about $70,000-$100,000/year.
... in what sane world is that a "moderate-cost area"? $70k/yr is well over $5k/month, and looking right now at the prices in my metropolitan area, you have to pretty much get a combo of 3 bedroom, luxury, and city-center to get something that expensive. And even then, I'd consider this metropolitan area to be high cost, just not obscene cost like SF or NY.
... in what sane world is that a "moderate-cost area"? $70k/yr is well over $5k/month, and looking right now at the prices in my metropolitan area, you have to pretty much get a combo of 3 bedroom, luxury, and city-center to get something that expensive. And even then, I'd consider this metropolitan area to be high cost, just not obscene cost like SF or NY.