[Zarel]

$1000/month is enough to live off in many parts of the United States. I lived off it pretty comfortably a few years ago when I was in college – although I had four roommates, we all had our own rooms.

Obviously, it's not affordable everywhere, but I think incentivizing people to live outside of expensive areas is a good thing (adjusting for cost of living would mostly just funnel the extra money towards landlords, i.e. rent-seekers).