It’s no secret that the rich and famous live a life of luxury. But what is the real cost of living the high life? How much money do you really need to be able to afford the things that only the rich and famous can afford?
According to a recent study, the answer is a lot. In fact, the study found that you need to be earning an annual salary of $1.5 million just to afford the basic costs of living a high-end lifestyle.
So what exactly does a high-end lifestyle cost? The study found that the average cost of a luxury car is $180,000, while the average cost of a luxury home is $5.5 million. And that’s just for the basics. If you want to live like the rich and famous, you’ll need to be prepared to spend a lot more.
For example, the study found that the average cost of a private jet is $41 million. And if you want to live in one of the most expensive neighborhoods in the world, like Beverly Hills or Manhattan, you’ll need to be prepared to pay upwards of $100 million for a home.
Of course, not everyone can afford to live the high life. But if you’ve got the money, it’s definitely possible. Just be prepared to spend a lot of it.