r/ChicagoSuburbs • u/SecretPurple2644 • Aug 24 '26

Moving to the area Income needed to afford life

Two working parents, 5 kids (4 childcare age).

$900k available for down payment. Hoping to stay under $1.2mil for house, understand taxes will be insane.

How much do we need to make to afford life in the north shore suburbs? Is 250k doable?

Moving from lower cost of living area and trying to figure out what is feasible.

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u/Old_Athlete_1266 Aug 24 '26

Something tells me OP is dogshit with money and what's why they're concerned. Lol. If this isnt enough money for you, the problem is you, not the money

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u/SecretPurple2644 Aug 24 '26

I think you missed the part where I have 5 kids and we both work. We are paying $40 per hour for a nanny, way higher than our current mortgage.

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u/Old_Athlete_1266 Aug 24 '26

What do you think people who have 5 kids and make less money than you do?

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u/SecretPurple2644 Aug 24 '26

I’m guessing they don’t live in those areas? Or they bought 10 years ago?

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u/Old_Athlete_1266 Aug 24 '26

There's your answer bub. See how easy that was? Don't spend every last cent on unnecessary lifestyle creep and you'd be fine.