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What % of your income do you spend on rent?
- Thread starter ApatheticDolphin
- Start date
I mean, by month to month, it's about 36% or so? House mates I'm living with have been very generous with the renting situation. It's mostly for just a room, but I also have access to all public parts of the house, so... I'm generally good.
Gross: 23%
Net: 30%
Living by myself on the Eastside of Lake Washington (Seattle area). I like it well enough but I'm thinking about finding roommates next year so I can take bigger chunks out of my student loans each month.
Net: 30%
Living by myself on the Eastside of Lake Washington (Seattle area). I like it well enough but I'm thinking about finding roommates next year so I can take bigger chunks out of my student loans each month.
Not renting an apartment currently, but it was never less than 40% of my net income including utilities. I had to move out of one apartment that wanted to raise rent by several hundreds of dollars, which would have pushed it to more than 60% of my income. Thankfully, I found a super cheap apartment with all utilities included that brought it down to 40% before I left Seattle.
100%... excluding gas and electricity...
My wife makes about as much (as little) as me so we're living paycheck to paycheck.
My wife makes about as much (as little) as me so we're living paycheck to paycheck.
Mortgage is paid off. So I just pay HoA fees (includes water) + electricty + gas fees + internet. Which is around 600/month. Or about 15% of my income.
0%, I own my house.
I do pay €7 per month for city property tax.
Where I live, rent can easily be around 40-50% of a person's salary.
I do pay €7 per month for city property tax.
Where I live, rent can easily be around 40-50% of a person's salary.
My wife and I have always just kept our own accounts (we have a joint one with the credit union as well) and just alternate months. One pays the rent and the other pays utilities. If you factor in our combined income, it's about 16-17% per month of our take home pay. Probably closer to 18% on average when utilities are included. We are pretty lucky actually as our rate hasn't blown up as much as most of the rest of Austin.. we've been in the same apartment the entire time we've been here (2010).
I live in the outskirts of SF and got a deal because my friend's parents are the landlords (I'm not walking distance to anything but a BART station though). I spend 15% of my monthly paycheck total on rent but I'm also supporting my parent's mortgage with my sister as well, so this totals up to 30%.
45% of my net income I spend on rent and this thread has now made me incredibly sad/jealous looking at what others pay :(
Other expenses are another 25% and the money that's left I basically spend paying back my parents for loaning me money I needed to rent this apartment in the first place, and once that's paid off I can start paying off my student loans!
Basically I'm working fulltime just to live or clear debts ¯\_(ツ)_/¯
Other expenses are another 25% and the money that's left I basically spend paying back my parents for loaning me money I needed to rent this apartment in the first place, and once that's paid off I can start paying off my student loans!
Basically I'm working fulltime just to live or clear debts ¯\_(ツ)_/¯
Mortgage - 30%
Utilities - 5%
Loan interest - 15%
Food - 10%
Vehicle - 10%
Misc expenses (insurance, home supplies, etc.) - 5%
That leaves about 25% for discretionary spending...which should mainly go back to paying my credit cards. Got into a fair bit of debt when I bought myself and decided to reno a bunch of stuff on credit. That was a big mistake.
Utilities - 5%
Loan interest - 15%
Food - 10%
Vehicle - 10%
Misc expenses (insurance, home supplies, etc.) - 5%
That leaves about 25% for discretionary spending...which should mainly go back to paying my credit cards. Got into a fair bit of debt when I bought myself and decided to reno a bunch of stuff on credit. That was a big mistake.
I get 2 paychecks a month, 1 goes to the mortgage, 1 is for everything else. At least I'm a home owner 🤔, when the day comes I need a new car I'll be messed up.
Gross: 27%
Net: 35%
My rental is a two bedroom apartment that includes utilities. Despite being single, I opted for a two bedroom just so I could have a room dedicated for a media room (movie/games). It's also nice to have for when family or friends spend the night. I like the area my apartment is in too, as it's literally a one minute walk to the bus stop. However, most important is my area has access to Gigabit internet :).
Net: 35%
My rental is a two bedroom apartment that includes utilities. Despite being single, I opted for a two bedroom just so I could have a room dedicated for a media room (movie/games). It's also nice to have for when family or friends spend the night. I like the area my apartment is in too, as it's literally a one minute walk to the bus stop. However, most important is my area has access to Gigabit internet :).
About a third of net. Would be more but I split rent with wife. Considering that we both make well into 6 figures it is in fact a crazy amount.
San Fran Fucking Cisco
San Fran Fucking Cisco
Well, we don't actually have property tax at all, I just called it so because it is the closest in description. Every city just charges a small amount that goes into the pot earmarked for communal improvements (roads, parks, kindergartens etc.)
right now? close to 100% cuz I got laid off and have been giving freelancing a shot since then. Getting a decent amount of work off the bat but when I take out taxes its still just not enough.
Anyone need some video editing or a videographer in the NY tristate area?
Anyone need some video editing or a videographer in the NY tristate area?
23% we've lived in the same place for 8.5 years and our rent has gone up a cent. I'm grateful for that, but it's time that we roll the dice and go for something bigger. It's hard because I know we'll never get a deal like this again.
