I’m not good at math, but looking at the chart I think the average is dragged up but the huge spike of $5k+/mo units. You can find places for ~$2k/mo that don’t look terrible, assuming the listings on zillow are real. That’s still too expensive, but better than the $3700 average on that chart.
“It could be worse!” is extremely small comfort, though.
I’m not good at math, but looking at the chart I think the average is dragged up but the huge spike of $5k+/mo units. You can find places for ~$2k/mo that don’t look terrible, assuming the listings on zillow are real. That’s still too expensive, but better than the $3700 average on that chart.
“It could be worse!” is extremely small comfort, though.
$2k a month is $24000 a year, almost 40% of your income. That’s not sustainable, even if you can find low rent places.
I think the recommendation is 30% of income goes into shelter? Not sure if that’s gross or net. You’d want to be making $80k i think, if it’s gross.
Anyway, this is all hair splitting. Basic costs are too high, yes.