Is 350k household income enough for 5k rent? I have about 100k in student debt from MBA and spouse has no debt. Other than that no other fixed costs

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I would recommend thinking about it in terms of how little rent can you pay and still be happy versus what’s the maximum you can afford.

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We pay 4k in mortgage and we get buy pretty well on 250k combined income. We max out our 401k go on trips, pay for childcare and still have more then enough left over to save and spend. Also combined student loans of about 60k. I think 5k is fine.

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My partner and I are at ~300k and pay 4.5k for rent. We try to save 40-45% of our take home but might miss if there is any special occasion. It feels pretty comfortable but we’re also not able to eat lavish meals every weekend

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Define enough? You can run the numbers yourself. I feel like I could swing that on substantially less than 350k, but I keep my other expenses a lot lower than many people on this app seem to. I also wouldn’t choose to spend that much on rent even if I made more. That’s enough to pay your basic monthly costs of ownership on a decent 1br in a great neighborhood, or a decent 2br or really nice 1br in a less “popular” area.

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Absolutely enough

Yeah you could but it still seems like a lot

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