If somebody moved to where you are with $20,000 in their bank account would that be enough to survive there or at least enough to start out?

not too long ago you coulda bought a small brick house with that just over the border.. not anymore tho

Be enough to put a roof over their head for a bit.

that might last a few months.

Enough to start out.

It could get them started. There have been people who thought they were getting a good job and moved in here from out of state and hadn’t done their research about the price of rentals, the cost of utility hookups and deposits etc. and ended up stranded and homeless.

If by starting out you mean starting up a new business then no, it’s not even close. Try $250,000 to get started in a new business.

If by starting out you mean getting by for 2 months till you get full time employment then Yes, $20,000 would help with that.

Start out, sure. Retire and live on for life, no.

yes