$250k is pretty damn wealthy if you ask me. Considering that the median salary in the US is about $55k a year, that's almost 5x as much. And if you're single? That's A LOT of money, especially if you don't have a huge ass expensive house. $250k is something that's attainable for people going into college right now, and that's on the higher end of the spectrum. Going to Med School can get you there. Depending on your specialization, you can easily make more than that (Anesthesiology averages $300,000 and Retinal Surgeons make between $500,000-$600,000). The truth is, anything above the $100,000 mark as a salary, and if you're single, you're living pretty darn comfortably and you're able to afford a lot of luxuries. In reality, to the average American, $250k a year IS defined as being fairly wealthy, especially if that's your paycheck alone, and not per capita. One thing he forgot to throw into his $32.5k/yr budget is paying off student loans. that could put a serious damper on the $800 spending money he has.