What % of your monthly income do you put towards rent (also specify COL). Is 30% really the standard?

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25% of my net (after maxing out 401k and IRA) goes to mortgage. Hoping to get a raise because I would like to keep it 15-20% instead. SF/NYC for context

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Going from 12% to 31% due to buying a bigger place

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Congrats

12% of my gross to mortgage + HOA.

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45% 😬 these other responses make me sad

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Don’t worry, mine is 42% 😩

About 30% of my net HHI goes towards the mortgage and monthly household expenses. Was closer to 50% a year ago when I bought though. Chicago

Significant raises. Bought before interest rates went up a lot so I’m at only 3%

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25%+- post tax, Miami area

25-30% of a shared / double spousal income after just now buying. So figures crossed that will stay fixed and salary will move up a bit.

15% pretax, 23% of take home pay (taxes + retirement contributions). Midwest.

50% rent NYC. Someone needs to fix housing.

Honestly can find nicer and cheaper apartments in jersey city

23% of take home pay, MCOL.

17% of gross goes to rent. 33% of my actual direct deposit. VHCOL

11% of gross goes to my 15 year mortgage. 18% of take home pay.

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