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That said, who feels middle class can dramatically change from state to state.
Nischay Rawal, certified public accountant and founder ofNR Tax & Consulting, observed the same.
Income Levels and Job Markets
Regional job markets and average income levels also play a significant role.
Areas with higher average salaries often have higher costs associated withhousing, healthcare, and education, said Shirshikov.
Rawal agreed, noting that cost of living primarily shapes lifestyle, not income alone.
I build custom plans based on clientsunique realities and priorities.
A one-size-fits-all solution for the middle class fails as each persons situation varies.
Initiatives work best when custom to local economies.
Overall, Rawal said feeling financially secure comes from choices within ones control, not generic programs.
The middle-class experience differs from place to place and person to person.
Help is most impactful when personalized.
Those who effectively manage their finances, regardless of geographic location, often feel more comfortable and secure.
And though a contributing factor, she said that inflation alone isnt the only reason for this.
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