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doglywolf t1_j0a48i2 wrote

Rent should be 25% of your take home income .

So at 2400 that 28800 for the year *4 = $115,200 take home. or depending on your accountant about 150k Base salary.

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People live tighter but the suggested to live comfortably is 25% of income.

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Most people in their early 20s do it with less to enjoy the "lifestyle" for a few years . But should not really exceed 50%

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Blecher_onthe_Hudson t1_j0afmjt wrote

I have actually never heard that '25% of net' number, far more commonly used is 1/3 or 30% of gross income.

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