'Serenity'
Off-topic discussion. Wanna talk about corsets, duct tape, or physics? This is the place. Detailed discussion of any current-season TV must be whitefonted.
I've been fine paying half of my take-home on rent, but it gets tougher the smaller the other half is. I mean, when I was paying $400/mo in rent, $800/mo in take-home wasn't really enough. Paying $1000/mo in rent, $2000/mo in take-home was fine.
I'm pretty sure "they" say rent should be around a third of your take-home.
I own rather than rent, but housing costs are about 19% of net income. Maybe about 22% or so when upkeep is added on.
Also, for Buffistas who rent: approximately how much of your monthly income do you spend on rent? And how much is too much?
I pay about 19% of my after-tax income. IIRC, 1/4th of your income for rent is a good amount.
I spend about half my monthly income on rent. But I'm on a student's salary in a really expensive city.
I'm pretty sure "they" say rent should be around a third of your take-home.
Oh yeah. Maybe I misremembered what "they" said.
Ooh, I micounted. I pay 17% on rent. But really, I should move into a bigger place, as my place is small and I don't really have enough room for my stuff. Plus then I could get another cat.
My rent is a little over a third of my take home paycheck (after tax and benefits and all that get taken out), and I think that's about normal for around here.
Mine's about just under a third, and comes to an even third if I count gas&electric.
Good luck, job seekers.
Also, for Buffistas who rent: approximately how much of your monthly income do you spend on rent? And how much is too much?
I pay slightly less than 20%. But rent is very cheap. If I buy, I'll likely be paying close to 50% in mortgage and other costs.
We spend about 7% on our rent.