Apartment/Salary Question

[Asharus]

I'm going to be living on my own pretty soon (actually, w/ 2 other roomies), and was wondering how much you guys pay for rent. I only make around $35k a year, and will be paying $900 plus utilities in about 2 months.

 

[minendo]

$505 plus utilities.

 

[Riverhound777]

I pay $375 a month plus Utils and internet/cable. Senior in college

 

[ivol07]

$980 a month plus Utils.

 

[DBL]

Do you need to have a car? If so, that is a bit tight.

 

[conjur]

Originally posted by: Asharus
I'm going to be living on my own pretty soon (actually, w/ 2 other roomies), and was wondering how much you guys pay for rent. I only make around $35k a year, and will be paying $900 plus utilities in about 2 months.

Uhh...methinks you ought to be finding a much less expensive place to live!!

 

[Asharus]

Originally posted by: DBL
Do you need to have a car? If so, that is a bit tight.

Yeah, and my car insurance is about $1600 a year and my gas is about $230 a month.

 

[isasir]

Heh, I thought you might live in either NY or Cali. Where in NY are you moving? Most places in NY seem to be about $1200 for 2 bedrooms in Queens.

 

[Mr N8]

Make $52k/year. Rent is $500 + Utils.

 

[rudeguy]

$665 + utils

 

[minendo]

Originally posted by: Asharus

Originally posted by: DBL
Do you need to have a car? If so, that is a bit tight.

Yeah, and my car insurance is about $1600 a year and my gas is about $230 a month.

That's almost 42% of your salary and that does not include utilities or food.

 

[Asharus]

Originally posted by: isasir
Heh, I thought you might live in either NY or Cali. Where in NY are you moving? Most places in NY seem to be about $1200 for 2 bedrooms in Queens.

I'm not actually moving, my family is moving upstate to Orange County and will be leaving me the house here in Long Island. The rent will be $2700 a month for a huge 5 bedroom, 2 bathroom house. I will be sharing it w/ 2 roommates. I'll have the biggest room w/ private entrance(s).

 

[CTrain]

$900 is way too high man..plus the $1600 for insurance is a rip.
Car payments too ??

I make $43K and pay $300 rent. No car payment. $50/mth insurance.
What a setup I have goin on right now

 

[Passions]

ummm.......that is seriously way too high!!!! find cheaper place or find a roomie.

 

[conjur]

Originally posted by: Asharus

Originally posted by: DBL
Do you need to have a car? If so, that is a bit tight.

Yeah, and my car insurance is about $1600 a year and my gas is about $230 a month.

Ok, your NET is about $2100/mo...right? You're spending about $1600 for your car insurance, rent, utilities/cable/internet, fuel, and groceries.

That leaves you $500 for car maintenance/taxes, clothes, bills, etc.

 

[Asharus]

Originally posted by: CTrain
$900 is way too high man..plus the $1600 for insurance is a rip.
Car payments too ??

I make $43K and pay $300 rent. No car payment. $50/mth insurance.
What a setup I have goin on right now

I have no car payments, I own my car. I think my girl may help me out w/ $300 a month, so it will be $600 a month for me plus utils.

 

[DBL]

Originally posted by: Asharus

Yeah, and my car insurance is about $1600 a year and my gas is about $230 a month.

$1363 + Util on 35k. That's pretty tough. You'll likely only be taking home $1800/month. Can you cover entertainment, food...etc on $250 - $300 per month? I know I need about $800 for that. I live in NYC, though.

 

[Descartes]

That's seriously pushing it, but it's your choice to throw the majority of your salary down the drain like that. I'd find something more reasonable, save, and invest.

 

[spidey07]

Originally posted by: conjur

Originally posted by: Asharus
I'm going to be living on my own pretty soon (actually, w/ 2 other roomies), and was wondering how much you guys pay for rent. I only make around $35k a year, and will be paying $900 plus utilities in about 2 months.

Uhh...methinks you ought to be finding a much less expensive place to live!!

bingo!

 

[techfuzz]

$554 + utils

techfuzz

 

[JzL]

WOW.. $2700 month for a 5-bedroom house!!!!!!!

I pay $435.xx month for my 4 bedroom house on 2 acres, its about 14 years old, but still in exc. condition.. (not renting, mortgage payment) That $ includes insurance and taxes as well! I will never move to LI if it is that expensive.

 

[patrick409]

$750 + utils

 

[isasir]

Originally posted by: Asharus

Originally posted by: isasir
Heh, I thought you might live in either NY or Cali. Where in NY are you moving? Most places in NY seem to be about $1200 for 2 bedrooms in Queens.

I'm not actually moving, my family is moving upstate to Orange County and will be leaving me the house here in Long Island. The rent will be $2700 a month for a huge 5 bedroom, 2 bathroom house. I will be sharing it w/ 2 roommates. I'll have the biggest room w/ private entrance(s).

Ouch. Are you paying rent to your parents or are you assuming the mortgage payments? I'm just curious if at least you'll expect a decent amount returned during tax time or not. Tho' I guess then your name would need to be on the deed.

BTW, I do think that you should look for a cheaper apartment, perhaps something in the $600/mo. range per person + util.

 

[Asharus]

Originally posted by: JzL
WOW.. $2700 month for a 5-bedroom house!!!!!!!

I pay $435.xx month for my 4 bedroom house on 2 acres, its about 14 years old, but still in exc. condition.. (not renting, mortgage payment) That $ includes insurance and taxes as well! I will never move to LI if it is that expensive.

It's a waterfront house in an affluent suburb (3,000 Square Feet).

 

[JzL]

Originally posted by: Asharus

Originally posted by: JzL
WOW.. $2700 month for a 5-bedroom house!!!!!!!

I pay $435.xx month for my 4 bedroom house on 2 acres, its about 14 years old, but still in exc. condition.. (not renting, mortgage payment) That $ includes insurance and taxes as well! I will never move to LI if it is that expensive.

It's a waterfront house in an affluent suburb (3,000 Square Feet).

Fair enough... that is still alot of loot for your first time being away from the parental units.