| ▲ | infinite_spin an hour ago | |
a friend showed me their budget recently, and about 45 hours of their wages go to rent each month (for a single room in a house with roommates). That seems very high to me, and their rent is considered "low" in their area (a small suburb) | ||
| ▲ | zdragnar 3 minutes ago | parent [-] | |
Assuming they work full time, that is pretty average. The old "30%" rule is that you should spend no more than 30% of your pre-tax wages on rent. Your friend is spending just over a quarter post-taxes. | ||