-
Ever wanted an RSS feed of all your favorite gaming news sites? Go check out our new Gaming Headlines feed! Read more about it here.
What % of your income do you spend on rent?
- Thread starter ApatheticDolphin
- Start date
Purely of rent it's 20.66% of net paycheck (not counting other sources of income)
bills (electricity, heating, water, waste, etc) are about another 5.13%
internet fiber is about another 2.56%
Groceries and other necessary subscriptions (phone) excluded because they're not really tied to having a house.
Location is Italy
bills (electricity, heating, water, waste, etc) are about another 5.13%
internet fiber is about another 2.56%
Groceries and other necessary subscriptions (phone) excluded because they're not really tied to having a house.
Location is Italy
40%, utilities included and still more than I would like. Housing prices in Barcelona are quite high relative to the salaries.
20%, just mortgage. Though we're planning on paying off as much extra (10% of original mortgage per year) as we're allowed in our contract this year and maybe next year, so I hope that figure drops a little.
20% mortgage
4,8% utilities (gas/light/water)
6,2% student debt
34% shared bank account for groceries, insurance, internet, subscriptions, dining out etc
Leaves roughly 33% for saving and fun stuff.
20% mortgage
4,8% utilities (gas/light/water)
6,2% student debt
34% shared bank account for groceries, insurance, internet, subscriptions, dining out etc
Leaves roughly 33% for saving and fun stuff.
Last edited:
Purely on rent = 0%... Own my own house and an apartment(which I am currently renting out)... No mortgage either, all paid for.... Not bad at the tender age of 39 :-)
lol I mean that I use more from my savings than my income. Should've clarified
And this is obviously wrong but I don't really view my passive income as "income" either, but yeah I use that too
And my parents helped because perks of being Asian lmao
22% without utilities... 25% with. I hadn't calculated it before... Hm. Location is Puerto Rico, metro area.
Man you either make a shit load of money or live in a cheap area.
10% of your income where I live would mean you make over 7000 dollars a month after taxes for a 1 bedroom apt....
About 15% of pre-tax income, about 20% of my take home pay. I live in a small apartment and this probably won't last for long as I'm going to be looking for my first 1br apartment this year.
It's a little bit of both, actually! Though I wouldn't consider it a shitload of money by any means lol I'm working two jobs to get our student loans down atm. When that's all done (or close to being done), then I'll quit one and start putting money away for a down payment.
Around 25% goes towards my mortgage and condo fee's, but my last mortgage renewal I renewed at a very aggressive 15 year amortization with accelerated bi-weekly payments to get this thing paid off. My next term, I'm going to switch it back to a 25 year mortgage with the smallest payments I can possibly make. The more I think about it there is no point in rushing to pay off my mortgage...I'd rather just have more disposable income freed up for vacations and things I want to do.
20% for the house all alone. If you add all the bills like elec, gas, water, etc. probably around 35-40%
If you include property taxes, then ~12% of gross. Add in utilities, and it's ~17%. Of course, add in daycare and ... let's not talk about it.
Rent is ~$54k/year
Mortgage (Investment Property) is ~$32k/year
My salary is $250k to $300k gross depending on commission/bonuses
So let's assume $250k gross, which nets $155k~
So I spend ~55% of my salary on rent / mortgages. Wow, that's more than I thought.
~47% on a year with good commission/bonuses though and I've been having good years.
Mortgage (Investment Property) is ~$32k/year
My salary is $250k to $300k gross depending on commission/bonuses
So let's assume $250k gross, which nets $155k~
So I spend ~55% of my salary on rent / mortgages. Wow, that's more than I thought.
~47% on a year with good commission/bonuses though and I've been having good years.
10.5% for JUST the house payment.
We have 3 kids, and two new vehicles, plus my Mustangs payment too. Add in our car payments and things start getting tighter.
Edit** Just car payments, car insurance, and mortgage payment pushes to 30%. Now add in food, gas, groceries, utilities, (our darn wedding we're about to have..lol).
I need a raise.
You make far, far more than like 99% of the people on this forum/in the US, haha.
Not a dig, be proud of the work that got you there :). Pay here is far from what the value of the workers is. The pay sucks, but the cost of living is also low.
We have 3 kids, and two new vehicles, plus my Mustangs payment too. Add in our car payments and things start getting tighter.
Edit** Just car payments, car insurance, and mortgage payment pushes to 30%. Now add in food, gas, groceries, utilities, (our darn wedding we're about to have..lol).
I need a raise.
You make far, far more than like 99% of the people on this forum/in the US, haha.
Not a dig, be proud of the work that got you there :). Pay here is far from what the value of the workers is. The pay sucks, but the cost of living is also low.
Last edited:
Deleted member 45957
Guest
30% of my net in Paris. (counting heating, water and building commodities)
You cannot rent for more than 1/3 of your net revenue here so all people I know just try to have the best flat they can get with 1/3 of their revenue.
If I had to buy the flat I live in though, i'd need to earn like 4 times more and get a 30 year loan, it's insane.
You cannot rent for more than 1/3 of your net revenue here so all people I know just try to have the best flat they can get with 1/3 of their revenue.
If I had to buy the flat I live in though, i'd need to earn like 4 times more and get a 30 year loan, it's insane.
25% for rent, water, electricity, heat, and insurances. I could push this way down if I wouldn't wanted to live in an old stone building with 3.5 Meter height ceilings and massive flair. :D
I live in an inexpensive area.
I live in an inexpensive area.
