How Much Should You Pay in Rent By Salary?
$30K salary: $750
$40K salary: $1,000
$50K salary: $1,250
$60K salary: $1,500
$70K salary: $1,750
$80K salary: $2,000
$90K salary: $2,250
$100K salary: $2,500
$110K salary: $2,750
$120K salary: $3,000
How accurate is this?
Most people live out of their means.... thats why there is so much debt ....but good luck finding rent for 750. And even though I may make it.. I still wouldn't pay 3k in rent.
I would say highly inaccurate 😂😂 i would never pay as much as this suggests I can afford lol. My mortgage is about $1300/month but my income is higher than $50k
Lots of factors for this but my bracket is just a bit higher then what I pay. They are also probably talking about gross, not net and that made a huge difference from a single female with no kids to a married one, my take home was significantly higher after I changed my status, I wonder what this would look like for car notes... so many people tell me they can't pay their rent bc they had to pay their car...