Sunday, February 08, 2009

Cry me a river

Oh, those poor rich people in New York who cahn't, dahling, simply cahn't live on a mere $500,000 a year. Look at their expenses:

most well-to-do families take at least two vacations a year, a winter trip to the sun and a spring trip to the ski slopes.

Total minimum cost: $16,000.

A modest three-bedroom apartment...carries a monthly mortgage of about $8,000 and a co-op maintenance fee of $8,000 a month. Total cost: $192,000. A summer house in Southampton that cost $4 million... carries annual mortgage payments of $240,000.

Many top executives have cars and drivers. A chauffeur’s pay is between $75,000 and $125,000 a year...

A personal trainer at $80 an hour three times a week comes to about $12,000 a year.

The work in the gym pays off when one must don a formal gown for a charity gala...

Total cost for three gowns: about $35,000...

Two children in private school: $64,000.

Nanny: $45,000...

More? Restaurants. Dry cleaning. Each Brooks Brothers suit costs about $1,000. If you run a bank, you can’t look like a slob.

The total costs here, which do not include a lot of things, like kennels for the dog when the family is away, summer camp, spas and other grooming for the human members of the family, donations to charity, and frozen hot chocolates at Serendipity, are $790,750, which would require about a $1.6-million salary to compensate for taxes. Give or take a few score thousand of dollars.

I don't see anywhere that someone could cut expenses in this list, do you?


Luke said...

Do you notice that these lists (I've seen similar ones for San Francisco) always include private school.

John0 Juanderlust said...

I want to be a chauffeur.