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.
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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.
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