Rent
What does everyone pay in rent?About to sign a lease where I'd pay $2,750 / month and trying to decide if it's insane. For reference, getting paid $125 base / 150 bonus. Let me know what you guys think.
Where do you live? I pay $2800 for a 2/2 in the south.
Los Angeles. Will be 2 bed / 2 bath.
Are you making a similar salary? Trying to decide if this is excessive with wanting to save and ultimately buy my own spot vs me being cheap.
$175k salary but I also have bschool loans. I don’t think that is outrageous assuming you can save your bonus.
Comp in a similar range. Paying $2,500 for 1br
$4500/mo, combined income w/ partner is around $350K. Nets to just under $60K/yr total. For the 350 split, $250 of that is my income and $100 is hers, so we split it around 2/3 usually or so, give or take depending on the month. I'm not juiced about paying a brand new high-trim BMW per year living someplace that I'm not building equity at, but we're planning to buy a house after we get married. It may be a little on the high side, but I think your number is pretty good... is it a 1br?
It's honestly about what you prioritize. We love our building and its amenities, so we chose to splurge a little on rent and save on other things that folks may own. As long as you're not breaking your back in it, I don't see an issue.
OP:
Assuming your bonus is pretty much locked in, I think this is fair. I paid roughly the same when I was making the much. I have always taken the approach of living where I want to live and even over-allocating to my home if I needed to. Ultimately it is up to you, but if the bonus is near guaranteed, I think you’re fine.
I pay 900/month
Is that the camping fee at Venice Beach?
This is not bad for what you are making i feel like.
Libero aspernatur qui suscipit voluptatum. Distinctio laborum odio quam fuga. Sint laudantium cumque consequatur non. Quia vero quam excepturi.
Eligendi at enim corrupti doloribus adipisci est consequatur. Repellat doloremque corrupti perspiciatis quod. Sequi aliquid eligendi tempora id. Dolores fuga mollitia ut iusto. Commodi enim et officia qui qui expedita.
Facere similique et sed molestiae ab pariatur non rem. Eaque temporibus et iusto at voluptatem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...