how much should i budget for rent
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How Much Of My Paycheck Should I Spend On Rent? Based on your starting salary, that leaves approximately $600 per month for rent. Considering that the average monthly cost of a Manhattan studio is $2,277 (according to the Manhattan rental-market report in October 2014), I know that may feel like a massive stretch.ased on your starting salary, that leaves approximately $600 per month for rent. Considering that the average monthly cost of a Manhattan studio is $2,277 (according to the Manhattan rental-market report in October 2014), I know that may feel like a massive stretch.
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- What is reasonable/fair to charge for rent? In case it matters we pay $1050 for mortgage the house is a four bedroom-utilities cost around $350 per month (more in summer) - groceries $400-$450 per month but varies.Those calculations are all INCLUDING the roommate. I just can't figure out how much of it his his cost.....Thanks in advance.'m trying to determine how much rent to charge a 45 year old single man renting a room out of my house. He will share a bathroom, kitchen and other common areas but have the privacy of the bedroom and the storage area of my one car garage.
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Furnishing an Apartment for under $2,000 Realistically, $2,000 is a reasonable budget for furnishing a small apartment well. If you the patience to spend a few weekends on it, and continue to bargain hunt, you can have a very well-appointed place within a month of moving in. 1  Twitter. 2  Facebook.3  Google. 4  Pinterest.ealistically, $2,000 is a reasonable budget for furnishing a small apartment well. If you the patience to spend a few weekends on it, and continue to bargain hunt, you can have a very well-appointed place within a month of moving in. 1  Twitter. 2  Facebook. 3  Google. 4  Pinterest.
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How Much Does Property Management Cost? On average, prepare to budget 6% to 13% of the property’s value each month for property management. For example, aside from the tenant placement fees, let’s say that your monthly rent is going to be $1,000. If the company charged 10% for their monthly fees, they would take $100 from your monthly rent.
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How Much Should You Plan for Utilities? Living in Montana, I’d guess the heating bill is the biggie. Electric (other than for heat) is typically not be much more than $50-$60/month for a small apartment plus another $50 for internet. As far as water and heating, you need to get an estimate locally. am looking to rent an apartment for $890 a month, utilities are not included. I make about $720 net every week. I pay about about $500 for car payments and insurance and about $200 a month on student loans.
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- Right now my monthly budget for food is around $100 a month. That's for me mostly, but I also have kids who don't live with me who come stay with me a couple of weekends a month. At my current budget, that's working out to be around $3.33 per day (or $1.11 per meal).'ve been spending $565 a month for three people which is just over $6 per person per day. That includes mostly eating in with eating out for a meal ~once a week but nothing fancy. Beer/wine for one social drinker is included in the figure.
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Home Budget: Cost-of-Living Reality Check For maintenance and repairs, you should budget at least $500 a year, or $42 a month—maybe more if you’re buying an older car. For gas, let’s assume you drive 1,000 miles a month and your car averages 23 miles per gallon. You’d need to budget $117 per month with prices at $2.70 per gallon. That leaves only $52 for a car payment, parking and other transportation expenses. Clearly, not enough.
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FAQ's - Note: We are a family of four and our monthly budget is $2,000.00 roughly, give or take. And that is with us renting a brand new home for about $575 USD per month. Not bad. The cost of living in the Yucatan is about 1/2 to 2/3's of what it is in the US or Canada.
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- Answers. Best Answer: Utilty costs vary based on the utilties you need, location, and other factors. However, a commonly quoted average to use for planning a budget is $0.20 (20 cents) per square foot per month for energy (electricity, gas). Deposits are typically one to two months of usage.owever, a commonly quoted average to use for planning a budget is $0.20 (20 cents) per square foot per month for energy (electricity, gas). Deposits are typically one to two months of usage.
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How Much Of My Paycheck Should I Spend On Rent? I just got my first job in NYC and will be making $32,500. I've heard you're only supposed to spend 30% of your earnings (is that before taxes or after?) on rent. But, that means $812.50 in monthly rent for me, and that doesn't seem to be working out in my apartment search.
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How Much Should You Plan for Utilities? Your utilities will depend on what size place you get and what part of the country you live, but use $50-$100 for electric and $100 for cell phone/internet bundle as a rough estimate. You may also have to pay for water in some areas.Check out this MFA post for some estimates of various expenses. am looking to rent an apartment for $890 a month, utilities are not included. I make about $720 net every week. I pay about about $500 for car payments and insurance and about $200 a month on student loans.
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- First, if you are living in an aparment building your cost will be much lower than if you are renting a … house. On average a month I pay about $30 water/sewer/trash, $200 tv/phone/internet, $100 electric, $50 summer/$150 winter for gas.If you are looking for an apartment try to find one that is heated by electric and not gas, that will save you boat loads of money.ariety of cost based on several condition. For example, 3 bedrooms apartment for 8 people would cost 379.00€ to 509.00€ per day for short time renting. The prices is take … n from website which offering decent apartment rental in Paris.
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What region of a grasshopper is specialized for movement? It is the region to which the grasshopper's three sets of legs are attached, for walking in the case of the first two and jumping in terms of the third.
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- Find a few places that might be suitable to rent. Drive around your town and see which plazas and strip malls you might like, or look for standalone retail space, depending upon your business' needs. Look for signs as well as search online using commercial lease listing sites, such as LoopNet. 2. Determine what you can afford per month. The prices for commercial leases are usually put in terms of dollars per square foot per year. For example, the base rent could be $12 per square foot per year. For a 1,000 square foot space, that comes to $12,000 per year. Divide that by 12 to get the base rent per month; in this case, base rent would be $1,000 per month.
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How Much Should I Charge to Rent My House? The amount of rent is generally a percentage of your home's market value. This is known as the rental yield. For example, if your home is worth $800,000 and you charge $4,000 per month rent – $48,000 per year – the rental yield is 6 percent. This figure represents your return on investment, rather like the interest you make when you deposit cash into a savings account.
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- There is something definitely wrong with your food expenses if they are more than your rent. In my mind a budget of $500/month which is about $16/day for two or $8/day individually is something to shoot for. But I think that food expenses are food and beverage expenses.
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How much rent can I afford if I make $50K/year? The other posters are correct that 30% of your gross income, or $1250, is the MAX you should be spending on rent. In my opinion 20% is more responsible, so it's better to find a room in Brooklyn with flatmates for 800 a month or so.f it's critically important for you to live in a certain apartment and a certain neighborhood, and you spend minimal $$ for other stuff (say your work pays for a uniform and meals, you don't drink, etc.), you may be able to spend as much as $1500 or even $1800 on rent and live on the rest.
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- I rented a room in a home straight out of college. From my situation-here are my thoughts: 1) Charge monthly rent and include all utilities except phone, internet and A/C. (A/C is commonly +$25 a month for a window unit.). 2) Define you expectations for use of a common space.
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How Much Should You Plan for Utilities? If the two of you make $1,200 a month, combined, and pay $200 a month for gas, there is no way you can pay $800 in rent plus utilities. You would have no money left over for such pretty important expenses as food! You need to be looking for a very inexpensive roommate share.his is too much, so start with your take-home of $2,800 and try to spend no more than 35% of that in rent, or $980. Add about $150-$200 for utilities and you will still have over $1,500 a month left for all other expenses and savings.
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- This means that the monthly rent on a $100,000 house would range from $800 to $1000. On a $200,000 home, the rent might range from $1,600 to $2,000. Bank Rate states that a landlord shouldn’t charge less than 1.1 percent for a property valued at $100,000 or less.
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How Much Should You Plan for Utilities? The apartment costs $800 a month and the electric and heating are both not included. Would we be able to afford all costs including food, etc. We both make about $600 dollars a month and have to pay about 200 a month for gas.his is too much, so start with your take-home of $2,800 and try to spend no more than 35% of that in rent, or $980. Add about $150-$200 for utilities and you will still have over $1,500 a month left for all other expenses and savings.
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- Once you buy, he says to make your housing costs no more than 25% of your take-home pay. Presumably, he would recommend an even smaller percentage for rent. Answers.com, always a good source for popular beliefs, gives 25% of gross income as the maximum rent.Move.com suggests a range of 25% to 30% .any personal finance experts say you should spend no more than 35% of your gross income on rent (not including renter’s insurance) whether you live in a high-or low-cost area.
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Conventional Trays Turndown ratios up to 10:1 can be achieved with a properly designed float valve tray. With legless round float valves, low-pressure drop trays can be fabricated by using venturi throat holes in the tray floor.
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- If you do decide that you need cable, the bundles are the best way to go, and will set you back about $90 per month. The end result is that on average, you should put aside about 20–30% of the cost of your monthly rent towards utilities. Of course, there’s a lot of wiggle-room in these expenses, so if you feel as though you could trim off some of the costs by relying less on temperature control or by using natural light when possible, then go for it.
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How Much Of My Paycheck Should I Spend On Rent? That’s 30% of your income after taxes. Whenever you’re budgeting, I recommend looking at your net income (what you take home after taxes), because those are the dollars you actually have to plan with. Based on your starting salary, that leaves approximately $600 per month for rent.Considering that the average monthly cost of a Manhattan studio is $2,277 (according to the Manhattan rental-market report in October 2014), I know that may feel like a massive stretch.ased on your starting salary, that leaves approximately $600 per month for rent. Considering that the average monthly cost of a Manhattan studio is $2,277 (according to the Manhattan rental-market report in October 2014), I know that may feel like a massive stretch.
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- The photo alone makes it worth the click. The post muses, without resolution, on the eternal question of how high is too high. Many personal finance experts say you should spend no more than 35% of your gross income on rent (not including renter’s insurance) whether you live in a high-or low-cost area.he photo alone makes it worth the click. The post muses, without resolution, on the eternal question of how high is too high. Many personal finance experts say you should spend no more than 35% of your gross income on rent (not including renter’s insurance) whether you live in a high-or low-cost area.