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by TylerE 1052 days ago
Even in the middle of nowhere, it's basically impossible to find a 1br for under $1000/month. That's $12k/yr.

At $35k/yr, you have $2500/month post tax, so at $1000 you're spending almost half your post-tax income on rent (and that's not including utilities, taxes, etc).

That math doesn't work, even in cheap places.

1 comments

I'm not sure where you live, but in my area you can rent a well maintained 3 bedroom home with a yard for $850-950 per month. 1 bedroom homes rent for closer to $550.
I would love to know where you live. Those are like 10 year ago prices here, and I leave in a low COL smallish down in the South.
I'm in the south too actually, about 45 minutes outside Birmingham, AL

I've seen cheaper housing in Birmingham as well, but I don't know some of those areas nearly as well and couldn't vouch for how nice or safe they actually are outside of listing photos online