$5 million is the new "millionaire"

[Amit M.]

well actually $6.4 million according to this Charles Schwab wealth report on the San Francisco Bay Area. Which matches my sentiment that you need about $5 million to begin feeling like a true "millionaire", which I define as being independently wealthy; having FU money to do what you want, etc. (Guess a million dollars isn't what it used to be!)

It's an interesting study:

https://aboutschwab.com/images/uploads/inline/Charles_Schwab_SF_Bay_Area_Survey_Full_Findings.pdf

[Dawn Anastasi]

In the Midwest you need considerably less money to have a roof over your head.  It's all about being happy.  If you can be truly happy, it doesn't matter where you live, what kind of car you drive, or how much money you have.  It's hard to be happy which is why many people long for "stuff" to fill the void.