{ "media_type": "text", "post_content": "NYC renters who live alone: what percentage of your net salary goes toward your rent? I’m thinking about taking the plunge but afraid of “lifestyle creep”", "post_id": "5db2661acfc3df0021f30e30", "reply_count": 11, "vote_count": 1, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }
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NYC renters who live alone: what percentage of your net salary goes toward your rent? I’m thinking about taking the plunge but afraid of “lifestyle creep”

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Damn do you guys have roommates, live in shit holes, or just get paid a ton?

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OP asked for renters who live alone. It's a self-selecting group because those of us who can't afford to pay for a place that fits our standards would instead have roommates.

That said, I chose a 1br, close to the subway and within 20 mins of the office. I sacrificed an elevator, doorman, etc because I would rather keep the rent as close to effortless as possible.

smart

My rent is 825 coz I choose to live in a 2bhk in jersey city with one more person living in the house

smart

23% post tax

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Well someone else’s % won’t help you determine what you can afford. Deduct rent from your monthly net earnings, deduct monthly expenses, bills and savings. Do you have enough? Also consider most nyc places won’t let you rent a place alone unless your yearly income is 45x the monthly rent.

26%

35%

Like 18% but I still feel I could pay less. As far as the lifestyle creep, you stay in a nice hotel 3 nights a week and you can spend that money you save in rent just by Ubering to the places you like in Manhattan

25% post tax and retirement saving

25%

22%

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