What’s a good rule of thumb on how much I should be paying in rent for a 1 bedroom or studio? Background: city-Chicago, position- senior 1- PI, salary- 90k, age: 26, no kids or wife.

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I heard south side Chicago has the best deals on rent

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Generally in order of cheapest to most expensive: lakeview, Lincoln Park, old town / Gold Coast/ river north. All areas are a lot of fun for single mid 20s

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1.1k for a 1 bedroom on lake shore? Were you north AF or something? I'm in a similar situation as you OP and I pay $1.2k but live with roommates. There's no rule thumb, just be reasonable. I wouldn't spend more than $2k that's for sure.

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I paid 1100 for a one bedroom on lake shore

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$1000-1400

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Chicago real estate is so cheap compared to major coastal cities

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Do you wanna bring dates or escorts to your apartment? If so need a better one.

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Should mention I’m transferring to Chicago, currently work in different office where COL is lower.

Don’t spend more than 30% of your take-home income (your paycheck after taxes, health insurance, 401k, etc).

This is my personal opinion.

This is good info, does anyone have any good neighborhoods? I’ve heard Gold Coast, old town, river north, and lincoln Park/lakeview we’re good. Any other affordable areas?

Forbes says 25-35% of net pay

KPMG2 Is it net pay? Everything I see says 30% of gross

KPMG income gross is 73k and I pay 2100 for my mortgage

Back of the yards baby

OP what sub service line are you in?

Finance transformation-why am I getting underpaid for PI in Chicago?

At least you’re in PI. I’m tagged to Other Advisory doing PI work getting paid 58k

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