frylock
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Mon Oct-24-05 03:19 PM
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what percentage of your income goes towards rent? |
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I'm getting my own place (finally), and was curious to know what percentage of their income other folks are spending for housing. Is 40-45 percent of my monthly take-home too much?
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MadAsHellNewYorker
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Mon Oct-24-05 03:21 PM
Response to Original message |
1. on edit (I did the math) I pay about 35% of my monthly salary |
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Edited on Mon Oct-24-05 03:28 PM by MadAsHellNewYorker
for a Manhattan apt.
:hi:
on edit...I think. i kinda silly with math sometimes...hehe
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frylock
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Mon Oct-24-05 03:41 PM
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12. manhattan can't be cheap.. |
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35% seems like a decent figure. Leaves you a little something in the entertainment budget. Thx!
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MadAsHellNewYorker
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Mon Oct-24-05 03:43 PM
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oh yes, that entertainment budget is so big i dont know what to do with it....HA! sigh...
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ComerPerro
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Mon Oct-24-05 03:22 PM
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2. 20%, rent a 3BR duplex that I share with 3 other people |
REP
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Mon Oct-24-05 03:22 PM
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3. Rule of Thumb is 25% for Housing, But Good Luck With That These Days |
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Edited on Mon Oct-24-05 03:23 PM by REP
I spend about 35% on housing.
On edit: I live in Silicon Valley.
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frylock
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Mon Oct-24-05 03:44 PM
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14. 25% of my current income won't get much here in san diego.. |
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I could find a studio for that, maybe even a small 1 bed. I checked out a nice restored Victorian with 3 other units built in yesterday, but the area had me a little concerned for the safety of my vehicles.
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LeftyMom
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Mon Oct-24-05 03:26 PM
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but I'd probably make about twice what I do without housing included.
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DS1
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Mon Oct-24-05 03:29 PM
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5. Possibly more than half |
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Definitely more than half with utils added.
I don't make shit.
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trackfan
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Mon Oct-24-05 03:32 PM
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6. About 30% of take-home for me |
no name no slogan
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Mon Oct-24-05 03:32 PM
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7. About half-- but I'm paying two rents |
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I'm paying 1/2 the mortgage and other bills on my house until that gets sold in my divorce settlement (my ex pays the other half). Plus I'm also paying rent on a tiny 1 BR apartment, where I live.
Luckily, the bills come due at opposite times of the month, so I can manage. Otherwise I'd be largely screwed.
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eyesroll
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Mon Oct-24-05 03:34 PM
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8. I am lucky -- I spend 19% of gross income on rent. |
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(My rent does not include heat/electric, though.)
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Trigger Hippie
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Mon Oct-24-05 03:35 PM
Response to Original message |
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Edited on Mon Oct-24-05 03:36 PM by BushIsAPooHead
I spend 50% of my monthly income on rent. But I live in Boston, it's very expensive. :(
On edit: I don't have a roommate, which might alleviate some of this spending, but I hate living with people, so it's better for me to pay for a tiny studio apartment.
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frylock
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Mon Oct-24-05 03:39 PM
Response to Reply #9 |
11. yeah, i'm trying to get away from roomies too.. |
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Not cheap here in San Diego, either. There are places I could live rather inexpensively, but they're kinda scary. The place I'm looking at could hardly be considered upscale, but it's going to cost me $940 before utils.
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purr
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Mon Oct-24-05 03:36 PM
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just went up due to an addition being built :(
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jackelope72
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Mon Oct-24-05 04:00 PM
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15. If the movie ticket costs more than $10, I'll wait for the DVD. |
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Seriously, though...
Wow. I just figured it out...
About 1/3 of the household income goes toward the house payment and lot rent (we live in a double-wide mobile home) combined.
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LaraMN
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Mon Oct-24-05 04:01 PM
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16. 25% w/out utilities; 40% with. (not including phone/net/satellite.) |
Shrek
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Mon Oct-24-05 04:02 PM
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But it's just over 10% of my income.
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frylock
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Mon Oct-24-05 04:42 PM
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Left_Winger
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Mon Oct-24-05 04:47 PM
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19. 16% if utilities are not counted |
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What can I say, I live in a low cost area.
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Heather Chandler
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Mon Oct-24-05 05:05 PM
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About 45% until I get a roomie. :(
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Tafiti
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Mon Oct-24-05 05:10 PM
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23. Welcome to DU, Heather Chandler! |
Heather Chandler
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Mon Oct-24-05 05:12 PM
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bigwillq
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Mon Oct-24-05 05:11 PM
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Heather Chandler
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Mon Oct-24-05 05:12 PM
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flvegan
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Mon Oct-24-05 05:06 PM
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Nikia
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Mon Oct-24-05 05:07 PM
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Of my before taxed income.
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Tafiti
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Mon Oct-24-05 05:10 PM
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Without utilities and such, just rent alone.
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