Is $2300 rent on $145k salary too much? Location in Dallas.
Have been paying $1500-1700 over the last few years, but I just got a new job and went from $80k to $145k. Want to treat myself to a nice spot, but wondering if bad financial decision?

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You can afford it, just depends on how much you value living arrangements vs other things (travel, savings, eating out, etc). You *could*pay for it, but *should* you?

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Read through the above comments, and you’re absolutely good to go. Rent for a year, enjoy your time and then move on. Was in low 200s when I moved back to Dallas and I was spending ~3000 for an apartment.

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But it’s tough to downgrade

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Uptown and Victory Park are two very different spots. I lived in uptown for a few years after school and it was fine, but it has since lost its charm. I now I vastly prefer the east side of 75.

We really enjoyed the Fitzhugh/Knox Henderson area and now live in Lakewood, but to each their own!

Where are you paying that in Dallas? In uptown I paid $1,100 for a 1/1 and $1,600 for a 2/2 in cedar springs, and $1,000 for a 1/1 in cedar springs.

Do not pay that in Dallas. Look around a bit more and I bet you’ll find something more reasonable in victory park.

My salary is in the 160s and I pay $3200/month not including utilities here in the Bay Area. I would find a Dallas apartment more in the 2k range. Unless you’re fully remote all the time and live there 24/7, then I’d go for the 2900 place. I tend to spend more more in the areas where I use the service or item a lot - if you’re in your apartment 24/7 to work then it would make sense to pay more.

The SMART decision is to earn and save for a year before you jump up in living expense. I always save the difference of the expense prior to spending. It will help you to use the extra savings for investments (especially real estate).

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