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Guys I really need your advice. I accepted the offer from CTS on call for a different location. I will never relocate. Should I resign based on this offer. What's the probability I will get new offer in 3 months notice period. If on formal offer once generated by CTS on email, I deny will they consider me for my current location? Initially in all my email communication they denied my current location and I had no choice other than to accept the offer for a different location. Cognizant
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OP last year I made similar to you at 25 years old (not at PwC), with a bit higher base.
Paid around $2,500/month. Was very easy to pay this amount, saved quite a bit too.
In terms of what’s comfortable, with no roommates $2,00-2,500 will get you a good studio/1 bedroom with deflated covid prices.
I’d save as much as possible because I think buying/building equity is better than renting, but you should still get a rental that’s good enough for your well-being.
Chief
Make your own decision regarding your own personal situation. This question is asked every day and is so exhausting and variable. Make your own decisions, don’t ask strangers.
30% of your take home pay
$2,500 is probably a reasonable amount for your income. But personally, I’m the same age and only make a bit less, and would try to keep it to $1,500 or less with roommates if you’re down for the lifestyle. Frugality goes a long way at our age if you invest or save up for a down payment. FWIW I’m way below $1,500 at the moment.
Buy. You have enough for a down payment.
I would buy as well. You can get a decent place for 700K which you can get approved for with that income. Rent out the other room
At the age and income, I paid 2.5k a month for a studio. You can get a 1bdrm now at a discount and save reasonably while enjoying life