Hourly Income needed to afford a 2 bedroom (without spending over 30% of your pay)
- Thread starter Ethnic Vagina Finder
- Start date
dora_da_destroyer
Master Baker
They should benchmark a 1bd apartment - not sure what “home” means in this instance, and if you’re min wage, you have to make shyt work and that includes settling in a 1 bd apartment, not always having the luxury of the bedrooms you want.
Ethnic Vagina Finder
The Great Paper Chaser
I think it's the overall average. A $2000 apartment and a $800 apartment will average out to $1400.
I can see this. 2 bedroom benchmark shouldn't be the standard of measurement. It can cost you an additonal 300-1K.
ogc163
Superstar
Weird benchmark.
NZA
LOL
i need to move to puerto rico
A single individual doesn't need two bedrooms. 2 individuals can afford this if they're working.
I'd like to see this same chart for 1-bedroom or studio, though.
What are the vacancy rates of each state?
88m3
Fast Money & Foreign Objects
negged
Almost
Ethnic Vagina Finder
The Great Paper Chaser
30% of your monthly income is the bench mark.
So if u make $15.00 an hour you should only be paying no more than $720 a month. And that’s based on gross income so the real number is less than that.
This guy is running for office too
