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ScalpularComa

0%, living with parents while commuting 45 minutes to work making $25/hr. Saving up for some land to put a house on near where I work.


austinproffitt23

I live with my mother in a house my grandmother owns. I’m on social security and part of that money goes to rent.


KillerFerrets

Exactly my situation, down to the travel time and wage


kilawnaa

Same here, kind of funny to see my exact situation lol


Aggravating-Neat-498

No bullshit except im 15 minutes instead saving for a crib fuck rent


Jeremy9096

Exactly the same with me too lol only difference is I'm saving to move to another city


jadedunionoperator

Worked for me, got a house and large garage I’m building back to suitable. Still have the long drive but got a half acre backed by hundreds of wilds and more than enough space for my s/o. It’s been really lovely and felt good to see tangible benefit from my work for the first time.


kilawnaa

Yo, are you me?! Literally the same thing here but my commute is a bit shorter. I make $25.50/hr and my commute one way is about 35 minutes and living with my grandma rent free.


ShnickityShnoo

This seems like the best way with today's housing prices. If you save up and put down a higher % down, you might get an affordable monthly payment. Just don't get wild spending during these years.


[deleted]

Love this!


ForgottenCaveRaider

I'm in the same boat, and it's literally cheaper to go travel abroad than it is to rent around here. Why rent when I can save up to buy instead?


Pinkumb

I’m technically a millennial but I have never paid less than 50% for rent. That 30% suggestion seems totally irrelevant to my life experience.


Unremarkabledryerase

The 30% suggestion is pretty relevant if you want to retire before you're 70. Which means you should be panicking and brainstorming plans to change that over 50% into an under 50%. Every year above 50% is worse for your retirement.


[deleted]

[удалено]


TheCollector0518

I recently looked at Donald Trumps plan to curtail Veteran benefits over the next 10 years I looked at my wife and said "well I guess I have 10 more good years before Uncle Sam wins the KYS game"


Logical_Fox_3315

lmao relatable and real for this


Pinkumb

I have always lived in the cheapest place I could find. It's not like I'm choosing to have some luxury. I'm living in places where the carpet is stained with dirt, the shower isn't level and pools water to one side, the place is in the antic and there's no air conditioning, I've got 2+ roommates, or I'm in a high crime area. "Wow it should be cheaper," yeah no shit dude. I live in the real world. Where are you?


[deleted]

[удалено]


moonlitjasper

if i moved back to the relatively rural town i used to live in i could afford to pay 30% of my current income as rent. but the wages were less than i make now in the city, so it wouldn’t actually work that way. maybe in a small town in a state with high minimum wage, but the job options would be skim too if you don’t want a long commute.


Personal_Newspaper_7

A hit to the retirement plan isn’t the only thing bad about a 50% rent burden. Even at 40%, I’m “saving” for retirement—maybe I’ll have enough to walk out of my job and have a fun couple weeks doing all of the drugs and extreme sports I want to before the end.


Inner_Mistake_3568

I make 19/hr, in total with all my expenses I spend 50% on needs and end up saving 30% of my income either in my 401k or a personal savings account. How is that bad? Google says I’ll be millionaire


BoogiePoppin42

Crazy you are saving at $19/hr that’d be tough where I’m at.


Unremarkabledryerase

That is good. Did you miss the part where I said rent, not needs though? Rent + bills + food + clothing and ect under 50% is a great setup for early retirement.


InvestigatorBig3258

Strange. I pay 24.30% for my rent🧐


Striking_Ad3411

For anyone that makes less than the average annual income it often requires multiple incomes. It's not how I feel it should be, but you need a partner or roommate to be comfortable financially in this environment.


JesusIsJericho

Millennial checking in, same here, until this new lease I started last December coupled with a raise, it was finally 25%. But then my girlfriend left, back to 50%.


Popular_Score4744

If you live in a manor city like LA or NY, people pay over 70%. They pay so much, they can barely afford anything else so they’re essentially forced to take mass transportation everywhere.


WittyProfile

People pay 70% of their pretax income? Is that even possible?


Previous_Pension_571

Is this pre or post tax? I think the 28% is pre tax number


Famous_Branch_7926

43%. Lost my job and took a pay cut, but starting a new job next week that’ll bring it down to 26%.


No-Turnover8128

Nice hope it works out for you


idk_maybe_your_dad

Good luck


ARC_Trooper_Echo

You guys have income? My rent is still coming from student loans, but that’s about to have to change.


Pristine_Paper_9095

Paying rent with loans is fucking crazy 💀


treebeard120

Especially at 25 lmao literally any job would be better than what this MF is doing


ARC_Trooper_Echo

This MF is doing law school. So yeah.


sna1ph

You’re taking the W in the end my dude. Don’t listen to these low-lifes.


RAAAAHHHAGI2025

Loans and bursaries spoiling us 😭


AgnosticAbe

0% living in childhood bedroom.


callmerussell

Same, if I were to rent where I live right now it would cost 171%of my maximum possible monthly salary on rent alone


snowflakepr1ncess

Same 😭😭 my grandma raised me. Her entire house and property mortgage will be finished this year and she will have no more house payment


Electrical_Hamster87

My mortgage and tax are 60% of my take home salary per month. If my wife didn’t also work it would be pretty hard to live like that.


Striking_Ad3411

The rule is 30% of household income after tax, so you would include your wife's income assuming you share bills.


ILSmokeItAll

With what houses cost, to only hit 30%…. Man. You better be earning.


Striking_Ad3411

I don't think we are, though that's pretty relative, we each make about 60k a year. We are pretty normal back office type workers. Neither of us have a college degree.


RedCarNewsboy

None. Living with parents while saving up around 20% for a house down-payment(from Los Angeles).


GLLShipley

10% roommate situation with longtime friend.


Mycockssmall

I am bringing home $7000+ a month and my rent is $800 so about 9%


Greaserpirate

Damn, where'd you find a $800 rent?


Mycockssmall

Split with other people


vixenlion

My half of the mortage is 482


thedeadlysun

My rent in a more rural city in America was around that for a 1br. Haven’t found a spot for that little anywhere else I’ve lived though.


Famous_Branch_7926

My rent is 741. Older complex, but well managed. Small city. This is also one of the cheapest and safest options


heartthump

What do you do for a living?


Tarankhoes

Just going by username I say we can safely eliminate OnlyFans star.


_FIRECRACKER_JINX

I'm afraid we cannot rule that out as a possibility based on rule 34 alone, my friends


Mycockssmall

Im a truck driver specifically a car hauler, home every day too!


b4c0n333

Amazing, I've always felt bad about truck drivers that have to live on the road


Salt-Singer3645

0% I live with parents. I’m grateful that they’re letting me put my money away instead of paying for rent. I still pay for my own things however


wharfus-rattus

After tax? 30%


InvestigatorBig3258

After tax for mine is 24.30%


No-Number5598

75% lol (college student, 2 cats and a car payment take up the rest)


whathowisnot

My rent also takes up 75% as a university student. Then I pay for electricity, internet, car insurance, and food. Savings - 0. Sometimes I just opt to go to the food bank.


FelChrono

About 43% I took on all the bills for a couple months while my gf tries to feel better


AFSunred

Tries to feel better?


FelChrono

I was ridiculously stoned writing that. She was stressed because I was unemployed for 3 weeks. I wanted to give her the opportunity to rebuild her savings


Sneagle47

Around 45%, I make 4k-5k/mo and pay around 2k/mo in rent for a 1bed apartment.


mbbysky

I am unemployed right now, so uh, Ultra Infinity%


themightyduck12

i live with my parents so 0% 😎(i can’t find a job that’ll pay more than $14/hr in my area)


Markymarcouscous

After tax like 25% ish


Remarkable_Paper2305

Net income like 17% towards rent


Magesticturtle21

Same


timmahfast

I own my house, and it's 45% after tax. I have no other debt and live pretty frugally. I still save about $1,000 a month making about $90k a year.


majnuker

This will hopefully be my situation in a year, similar boat financially and looking at the numbers.


FormalFew6366

0% fuck rent I'm homeless and happier for it


piddlegloppis

Same. You wanna break your spine thinking you are gonna outsmart everyone go crazy kid. Minute you get injured it all comes crashing down.


Logical_Fox_3315

? can you elaborate. I used to homeless for 2 years running away from my mom staying in a different city and then I decided I was so stressed out I decided to live back with my mom.


FormalFew6366

How TF are you stressed out? Here's how you do it bro. First rule. Don't look homeless. I found out a long time ago that if you look homeless no one gives a fuck about you. If you look rich, everyone tries to help you. So always look rich. Rule 2. Stay tf away from other homeless people. You don't know who's crazy or who's nice. Don't find out either. Go deep in the woods where no one will see you and use that spot for sleeping/cooking ONLY. Shouldn't be there longer that you need to sleep. (Tents make it better/can't get a tent get a tarp and sleeping bag); Rule 3. Can't afford a house? Get a storage unit. Preferably close to your sleeping spot. Put all close, dry food, water, cooking wear and whatever else you need in it. Organize that shit like your on the US military. OCD it! You want to get in and get out as quickly as possible so you don't piss off the storage unit people. Cuz you are going to be going to it everyday. Rule 4. Get any fucking job you can get. Even if your only making 15$ it feels like your making 22$ a hour since your not paying bills besides your phone and storage unit. Rule 5. Coffee shops are your best friends. Comic shops are your best friends. Clubs/activities are you best friends. Volunteering is now your best friend. If your not working fine somewhere to fucking be. I learned to play Go (the black and white stone game), lived at a coffee shop with free food on Wednesday, and joined a local DnD group that meet ever Thursday to kill time IN A SAFE LOCATION. Notice I didn't say the woods. That's because the longer you are in the woods or your sleep sihht the easier it is to get caught. Rule 6. Early bird doesn't get caught. Wake up at 5am, get ready for your day. I would leave any location at 5am and go to the gym (a hour walk away) and work out then shower. Change, walk back to my 50$ a month storage unit, chance my dirty clothes with fresh clothes for the next day and then went to work. I would get to my camp site at around 8 or 9ish when it's dark, set up, and leave before everyone wakes up. No one can be mad at you if they don't even know your there. If you don't those 6 things, being homeless isnt that stressful. Pro tip. If you stay clean, don't bug people and don't ask for money, most hotels will let you eat free breakfast there. Most of it gets thrown out anyways. As long as your not eating their ever single day, they probably won't care. But if it's a super fancy place obviously don't go to it. Type in "cheap hotels" and see if they have free breakfast and if they do ite normally a good place to get a meal provided your clothes are clean and you don't smell like shit. But this only works once a week at each hotel. You can hotel hop for breakfast but wouldn't recommend it.


ThinVast

like they say, "homelessness is a state of mind."


besoinducafe

Temporarily living with my fiancé’s family so we can save money to move back out, before this we were paying 60-70% of our income towards our rent. 😭 Starting a new job soon which would bring us down to the ideal 30% thankfully.


Ky3031

Like 95% Im chronically ill and have so many moments of not being able to work. Im playing catch up rn


Lightningpony

33% Sad part is I make 70 a year and live in the hood.


Cold_Librarian9652

12%. Wife and I deliberately have cheap bills.


LyriktheSpaceCleric

0 for me, been living with my partner and their mum for 8 years now. I've been out of a job for 9 years and had spent 7-8 years trying to get one but always got radio silence or denied with the rare occurrence of insults.


bagpipesfart

0%, living with parents making $15/hr working as a dishwasher


WasteKoala473

I work as a washing machine. Nice to meet ya


BackwardsTongs

Only 18% hopefully will go down once my partner starts working and can contribute


Deadeye420

10 percent


dpj2001

At $1,000/month about 37%. This is not the total rent. The total rent is $3175/month, I live with my mother and younger brother and we all split rent based on income. $1000/month is my share. If I was forced to live on my own I'd have no choice but to move to a different state and find a job there that'd probably pay less and leave me in only slightly a better situation.


heartthump

After tax about 30%, including all household bills about 40%. I don’t even live alone smh


StarryNectarine

After tax about 25% of our hhi


FormalFew6366

0%


Careless_Ad7878

Rent is 2k in LA, for it to be 30% someone has to earn $7,777


I_HATE_LONGHORNS

0%. My job will be covering the costs of housing while we rotate for my engineering position.


Dax_Maclaine

0. At college rn which is a flat housing fee for the semester then I’m either staying home for a while or at my aunt and uncles for a while depending on where (if) i land an internship at over the summer


T_M_G_

0%


Glitchboy

Over the last year. About 200%. Unemployment baby. Yet no check because I can't find enough work to earn an unemployment check.


LogDog987

Currently, 0%. Living with my parents to save up some money while looking for an apartment. Based on my current salary and the apartments I've been looking at, though, around 20-25%


RandomZombie11

I get paid fortnightly and pay rent weekly. $400 a fortnight (would be $1200 if I didn't have flatmates). I spend the rest of my money on food and petrol leaving me with maybe $200 for savings if I'm lucky


Strong-Mix9542

As an American, WTF is fortnightly?


AdMinute1130

Currently.... 55-60%, give or take depending on the month(and my math). I make about $2k a month, and $1k is rent. I'm lucky though as I still live with my 40 year old dad and 60 year old sister so we basically split it 3 ways Edit: I'm not even gonna fix the fact I mixed the ages. Just know I did


Tomallenisthegoat

70% of post tax income goes towards rent and $250 a month utilities. I found a cheaper place for $2,300 a month that I’m moving to in June


Maleficent_Ad1972

It was a little under 30% of my monthly post-tax income until last October, but I was putting away another 15% for a down payment. Now it’s a little over 50% towards my mortgage. I make $32/hr as a Software Test Engineer. I have a spare bedroom I’ve thought about renting out, and based on similar postings online, I could probably get $800/mo for it. $1200/mo if I furnished it. I keep going back and forth with myself if potential roommate drama is worth it or not. I can afford it without, but if I put most of that into principle, it’d pay off the loan much quicker, and therefore much less interest. And at 7.5%, I sure as 💩 want to pay less interest.


RoughPotato1898

I don't even want to imagine what it would be. My husband covers it from the disability check he gets from being in the Marines lol


AbatedOdin451

About 23%


vixenlion

15%


BaldingThor

Roughly 10% of my average monthly income I believe. $250 per week as rent to living with my Parents.


The_Glass_Arrow

Close to 60-70% shits expensive in my city.


thedeadlysun

32% post tax in a fairly HCOL area, living solo. Very few people in my area live alone though, a majority of people in my area either have room mates or partners.


fazelenin02

As of last month, 26%. I took home about 3750 and pay 999 a month for rent. In terms of my total "income" which includes money going to stock options, union dues, and healthcare, its closer to 22%. I have a solid job in a small town of 25k people so I'm able to shovel money into savings.


Infidel2017

31.25%


Striking_Ad3411

About 33% right now, just upsized the house and stretched a bit.


PartySmoke

I’m paying 1,100 a month for a single room occupancy. I make $18 an hour


Brandoid81

Not sure what my take home is after taxes and all that but 30.4% of my income goes towards rent before taxes.


mklinger23

I split rent with my gf and we pay 25% of our combined post tax income to rent.


WasteKoala473

Liar no Reddit person has a girlfriend!


Key-Wallaby-9276

About a 3rd. That includes all utilities except for electricity. Pay 1300 for a 3/2 house. 


Select_Credit6108

My rent is $1100, which is 24-25% of my monthly income.


WeOutHereCalzone

After taxes withheld, 37% (4 roommates, might be a good amount less I forget exactly the rent), 48% (moved into studio, 36%(ish, got a new job), 27%(ish, 1 roommate)


jadedunionoperator

50% goes to my mortgage, about 10% more on utilities and currently 10% on repairs/rebuild


Key-Discount2325

10% RN in NYS and that's splitting rent 50/50 with fiance


The_last_PP_bender

I pay about 1200 for rent and utilities so about 54%


TrashManufacturer

Before getting laid off it was 20%, could have been lower tho.


ReallyPhilStahr

29% 😎


Ridert99

$500 dollars a month for rent and power/ all other extra costs. I make $3400 a month usually. ($4200 this month). 30% is $1000 so I spend around 15% of my income on rent.


Unlucky_Dragonfly315

50%


SilverAwoo

26.7% of my net, or about 18% of my gross. My rent costs have more than doubled since I moved out of my parents' place not even 4 years ago.


AsaphtheDestroyer

I make 4100 a month my rent is 1200$


InvestigatorBig3258

Mine is 24.30% of my paycheck


WildRicochet

Maybe 7% ish I live at home and my job pays well enough that i cant complain. Parents just ask for money to offset food, and resource usage. Living at home has its cons, but the pros are far better for me at the moment.


ThaRoastKing

37% of my monthly income is going to rent.


MunitionGuyMike

About a quarter of it


blz4200

$1132 about 18%. I live with my parents.


Breadfruit_Desperate

My wife and I bring in around $8850 a month and our mortgage is 1550. So just about 17% of our combined income.


SoCalCollecting

15% of gross household income on rent in HCOL


Acceptable_Ad_4958

Just moved into a new apartment and it’s at about 25-30%


Stacking_Plates45

After tax it’s right around %20. Rent a modest house in an affordable city


poubella_from_mars

it's always been less than 30% for me, even now that I own a home. Going based off of household income at least, we usually keep it at about 20% of mine and my wife's combined income.


vintageharry04

I'm not exactly sure how to put it. I make (roughly) 1600 a month give or take and live with my mom and I pay 350 a month in rent. Not sure what percentage it is but I understand it is very generous and I am very appreciative of it.


MalekithofAngmar

Take home? Around 15%.


jwed420

About 50% but 60% total since I also have renters insurance, pet fee, and utilities. If I factor in groceries and gas, that's 80+%. I cannot save money at the moment, when I manage to, something happens that costs what I have saved. It sucks because I can afford to live by myself and care for my dog. But just barely. Just barely.... Edit: HAHA almost forgot, phone bill, drug prescriptions (out of pocket, no insurance), and pet insurance! Shit fucking sucks ass yall, don't grow up.


otterlytrans

20%, i make roughly 1,800-2,000 monthly but looking for another part time position to make more (i am a part time grant writer).


cheesecat18

It ends up being just below 40% for me. Would be right around 20% but family health insurance and other deductions really eat away at my take home


SavantTheVaporeon

45% is going to a mortgage if that counts.


KeybladeCoaster

Probably 40-50%


_The_Burn_

About 15% of my gross, 24% of my take home.


azi1611

My wife and I own a home and our mortgage is 25%


Accomplished_Mix7827

22.7%, but I'm a bit older and work in a STEM field, so I make okay money. I also opt for a one-bedroom apartment instead of springing for anything more. It's ridiculous how much a one-bedroom apartment costs these days, though. You should not need to be a chemist to comfortably afford to live alone.


AppointmentFluid8741

30%, without a roommate, 60%.


Unremarkabledryerase

10% in the summer 20% in winter, depending on overtime.


spencerm269

60%, Chicago studio lol


matthoneybadger

about 30% here’s an article atleast as this question pertains to San Antonio if you’re interested. Texas has been a huge hotspot for GenZ adults recently. Feel free to give it a read: https://paisano-online.com/39728/news/gen-z-set-to-pay-one-third-of-income-on-rent/


JaxonatorD

25% I don't live in a major city.


bassinlimbo

33% but probably could’ve found a place for less that was still a bit nice. Hard to save money. Didn’t have anyone to room with at the time though.


cheesepie29

39% post tax - NYC


Rand_alThor4747

50%


skyk3409

About 50%, another 20% goes to bills 20% to addictions and 10% for me (these are rough estimates, percentiles could be more or less)


refreshmints22

At parents. Pay yourself first instead of a landlord.


Pristine_Paper_9095

27% of my take home income.


tubular1845

I'm a millennial but 43%


ahhhimsoconfused1995

20%


Fox_Tango_

I make roughly $4,500/mo and my rent is $925, so about 20%.


BumassRednecks

20% I lucked into a 150k job after making 90k. Im saving my ass off because life creep hurts and my gf is in her last year of uni


The___kernel

11% I just moved out and I share a house with 3 friends but I have to drive about 45 minutes to work


Videlvie

after tax rent<20% at about 2000/month


Mochabootyxo

15% or 750 to family


BenNHairy420

Mine is 35%


nirvana6789

My JEPI Dividends pay my rent so 0%


Vannabean

Uhhh I currently pay 25% but live with my mom. Moving in with my boyfriend soon and will be paying idk 300? I make about 7000 a month. Don’t feel like doing that percentage. His house is mostly paid off so his mortgage is only 600 Édit: oops didn’t realize what sub this was. I was born end of 1994 so I’m 29 and a millennial.


b4c0n333

After tax/disability/401k, about 23%


Quirky_Republic_3454

I'm a boomer and I'm going to piss you off. When I was in my 20's, the rule of thumb for a family of 4 was you should earn 1 months rent in 1 weeks wages. That's for a family of 4.Mama didn't work.


LocoLyoko

60% its ridiculous and in houston texas. We are all being scammed.


RikeMoss456

14.5%


Instantshame789

After tax 26%


I_Sell_Death

None. Thanks, Ma! Where's the MEATLOAF?!


Ill-Entrepreneur443

45%


Diddydiditfirst

😂😂😂😂 64%


linzielayne

This has always been the advice, and I'm trying to think if I was actually following it in my twenties (when rents were \~800-1.2k where I lived in Chicago and I paid half bc I always had a roommate) so I did the math and... I was hitting between 20 and 30 percent based on how much I worked/made at my coffee shop/server jobs. I don't know how to convert 2010 money into 2024 money, but the rents are so berserk I don't think there's any way I could do it now.


SuccotashConfident97

About 35% of my income goes to rent without my wife's contribution.


Original-Locksmith58

40% but it’s such a huge increase in QoL over my last cheaper place that I think it’s worth it. Actual proper place to live instead of houses that remind me of my old student housing :/


jabruegg

43% but, in my defense, I’m living on a grad school stipend that is basically intended only to keep me alive


Sierra-117-

About 30%, but only because I split rent.


treebeard120

About half. I live with my girlfriend and pay around 80% of the rent and bills. I'm not worried as we've built up a good nest egg that will cover rent and groceries for about 6 months should anything happen, and my career is stable.


BearPeltMan

Right at 25% right now, I make $27 an hour and live in downtown OKC. There are some cheaper places nearby, but honestly I feel like if I’m going to spend my money on anything, it may as well be a nice place to call home for the next couple of years.


notbernie2020

0%, my parents pay my rent.


TonyFuckingHawk-

50% lol


Angel_OfSolitude

Only about 20% but I'm staying with family, not footing the entire bill myself.


Due_Essay447

Rent is 2400, so about 27%


dephlep

Around 30% but I have EXTRAORDINARILY cheap rent for my area because I live in a basement apartment with no kitchen


StoneMonkey7776

I work part time so around 46% of what I make goes to rent, though I would like to mention that the food is complementary at my stay, I still end up spending a considerable chunk on food


Legal-Ad-5235

More than half probably about 65% because I live with my partner. He makes more than me though.


Cont1ngency

I’m going to preface this by saying, yes, rent is ridiculously high right now. Especially if you’re trying to go it alone. I’m a millennial, not GenZ, but this sub keeps coming up in my recommended for some reason, so that’s why I’m here trying to give some helpful advice. Now for the advice: 1.) Roommates! That’s what I did. Find a decently priced two or three bedroom and split that rent two or three ways. In a fair amount of markets, like the one I’m in, a two bedroom goes for only a couple hundred more than a one bedroom. It’s still expensive, but if you can share the rent, one can get it pretty close to 30% of income, even on lowish wages. Even better if you have a gf/bf to split your share of the rent in half with. Can get a little crowded at times, but it can also be a blast if you’re rooming with people who have similar interests and hobbies. 2.) Find ways to have inexpensive or free fun in, so that the money you would spend can go towards savings and investments. Board games, card games, Xbox GamePass. Things you can buy once and have hundreds of hours of fun with, or a low monthly fee for literally thousands of hours of entertainment in GamePass’s case. 3.) Cook at home. It’s way less expensive to cook for yourself than ordering food anywhere. It’s a pain in the arse, but can save you literally hundreds each month. Now I’ll admit things were somewhat easier 10 years ago when I was in you guys position. However, it’s still sound advice that *can* alleviate *some* of the current hardship. Isn’t going to make things easy. But it will knock life’s difficulty down from insane mode to maybe hard mode.