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by csomar 2985 days ago
> However half my paycheck goes on rent. My commute is about 45 minutes by tube or 20 minutes by motorbike so it's not too far out.

I don't know how you manages your finances but for me anything above 25% of your income going for rent is absurd. And you are not making it up in distance, either. 45 minutes by tube is a lots of time. (I assume motorbike is not a favorable option given London weather).

2 comments

My choice is between living close to work, living alone, or cheap rent. I can pick two. All three if I choose to live in a room which fits no more than a single bed.

I'm counting 45 minutes tube/20 minutes motorbike as close because for London that's honestly quite good. About half of the people I know have commutes over an hour each way, at least one above two hours, and I can cut my public transport commute to 35 minutes if I time everything right. Biking is actually the favourable option but not possible if I'm drinking, and the miserable weather doesn't bother me.

I would love to cut my rent down to 25% of income but it's honestly not possible without increasing travel costs and time. Plus I work in computer security, London is one ofthe few places in the UK with any job mobility in my field.

25% for rent in London means you'll have a lot of money to spend. If you spend 25% of your salary of $2000 on rent on the countryside you'll live off $1500. If in the city you can make $5000 but spend 50%, you'll still have more, even after higher other costs in the city. Sounds like an extreme example but in the UK, London vs. countryside further North has those differences.