I live in Memphis, Tennessee. $45k is way above our average household income and yet it's still not a lot of money. Maybe enough to scrape by for a family of fo

I live in Memphis, Tennessee. $45k is way above our average household income and yet it's still not a lot of money. Maybe enough to scrape by for a family of four. You're talking about around $3,000/mo after taxes & health insurance deductions. Housing is very cheap here, but it's still going to run $1000/mo+ including taxes and insurance.