What % of your income do you spend on rent?

[FF Seraphim]

With everything ( utilities, etc.) about 25%

 

[stone616]

Gross about 12% net closer to 16%. All my fixed cost living expenses combined are about 26% of my take home pay. I save and invest most of the rest.

 

[MrToughPants]

100%

 

[Extra Sauce]

Over 50% but it's a condo, so it's an investment.

It's funny, I used to live in an old ass 500 square feet apartment with zero soundproofing and no A/C. Now I live comfortably in a slightly bigger condo but am perpetually broke. I don't regret the choice but it sucks having to choose between having a house and having money.

 

[ieandrew]

31.5% of net to live in a 2bd/1ba.

 

[floridaguy954]

40% but will be much lower next year.

Click to shrink...

Same here.

 

[Emergency & I]

22%
It'll go up considerably when my wife I decide to buy in Los Angeles.

 

[Chamber]

20% of gross

 

[pants]

With utilities + mortgage, its about 25%.

I'm getting a lot more than other people though, for what I'm paying.

 

[Subpar Scrub]

15% but I haven't moved out yet. If I did it would be closer to 40-70%. Being a uni student makes it hard.

 

[Soapbox Killer]

30% of my take home goes to the mortgage.

 

[Lunchbox-]

22% gross
41% net

Mortgage
Northeast, so mind the tax

 

[BringBackSonics]

About 10%.

 

[Cilla]

33% of each pay and it's to my parents lol.

 

[The Anonymous Wizard]

None.

 

[Heretic Kazuma]

Hmm... depends on how good of a year my company has.

Without bonuses, my mortgage eats 45% net; With, anywhere between 20% and 30%.

 

[Necron]

Around 20% based on net.

 

[Deleted member 18400]

I'm just coming here to rant that today I found out my rent will be going from 715 a month to 810 a month when my lease renews in August.

Absurd.

 

[turbobrick]

0 since I live at home with my dad. I couldn't afford to move out anyway.

 

[Koukalaka]

My mortgage payments are probably just over 20% of my take-home pay (ie. after tax, NI and pension deductions). With utilities, factoring/maintenance fees and Council Tax (tax for local services scaled roughly by home value for you non-UKers) - it's just over 30%.

Luckily I was able to buy a place as I was paying almost the same to rent a much worse flat beforehand - one of the benefits of living outside a major city.

 

[Mathieran]

About a 1/6 gross. Our biggest problem is our son's daycare is almost another 10%. But he will be in school next year and we will have our house paid off in about 3-4 years. Things should start looking up then.

 

[UraMallas]

11.08% gross on my mortgage. 21.2% net.

 

[dyreschlock]

I'm also paying around 20% in rent alone.

 

[Furiousone]

Pretax, mortgage only = 5%

 

[Gaf Zombie]

I'm not sure but it feels like 99.9%

 

[Jakten]

Rent about %50, with commute and groceries and other monthly expenses %90-%100

 

[knight714]

Very slightly under a third for my half of the rent for a one bedroom apartment in London. What are all of you doing to get it sub 10%? Is the US just that cheap?

 

[Theef]

~25% or below is my personal rule.

 

[Shake Appeal]

Of gross household, about 13% goes to our mortgage and HOA.

 

[reKon]

16% gross

 

[signal]

https://www.theguardian.com/busines...in-london-spend-more-than-half-of-pay-on-rent

 

[shaneo632]

https://www.theguardian.com/busines...in-london-spend-more-than-half-of-pay-on-rent

Click to shrink...

Yeah I used to live in London and it's bullshit. I have friends almost in their 40s who still haven't moved out of their parents' house because it's so prohibitive.