I read this post by Elie Mystal about why $250,000 doesn’t make him rich in his town. I’ve been thinking about his post for some time. I have long said that $250,000 in a big city is like $100,000 in the town where we live. Upon further reflection, that may not be right. It is possible to live in our town with a $100,000 per year income and not live in a place that looks like it was just robbed. It’s also possible to live in our town on $100,000 per year and have assets that aren’t judgement proof.