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> Inexpensive > Starts at $35k

• bdcravens 3y ago
  Average new car transaction price in the US is $48k. https://www.caranddriver.com/news/a43611570/average-new-car-price-down-still-high/ https://www.caranddriver.com/news/a43611570/average-new-car-...
  • reducesuffering 3y ago
    And the average new home in the US is $480k, but at a median income of $31k I would never call it inexpensive. Let’s save it for the truly high value purchases like $90 espresso machines, $400 phone, $400 PC, and $300 TV. Maybe a $10k 10 year old Toyota with 150k miles left?
    • throwaway-blaze 3y ago
      Median household income in the US is more like $70k. Median individual income is $40k. Median household also varies tremendously by state, Mississippi is around $44k and Maryland/DC area is $90k.
  • ClumsyPilot 3y ago
    Mean or median? You should not use mean for things like this, if 3 guys buy a Ford for 33k and 1 guy buys a Ferrari for 300k, average price is 100K If 1 guy is dead from hypothermia and the other guy is on fire then on average they have a healthy body temperature