The national average rent reached $1,420 in January 2019

a person working at minimum wage of $7.50 working 40 hrs has a take home (net) pay of 1172.22 per month.

A) That -247.78, that’s in the hole after paying rent.

B) The average couple spends an average of $625 per month for groceries.

C) What about the utilities! the rule of thumb for apartment dwellers is to budget at least $200 per month for utilities.

D) and owning a vehicle! Total monthly car expenses
is around $355. that calculating. Insurance at $98, Gas at $146, Maintenance at $99 and Registration, fees, taxes and miscellaneous at $12

This is me starting out in the world. How do I budget to get out of the basement?

We all have to start somewhere and I just happen to be at the bottom!

I still need to wipe my ass on some kind of paper that I can’t afford!

 

The National Average Rent Stagnated in January – Cities in America’s Sun Belt Experienced the Fastest Growth

  • The national average rent reached $1,420 in January 2019, a year-over-year increase of 3.3% ($45), according to data from Yardi Matrix.

  • Among the nation’s 250 largest cities, 93% have seen rent increases compared to January 2018, 5% remained flat, and only 2% of cities have seen apartment prices decrease.

  • Rents rose most rapidly in the South, with Las Vegas and Phoenix leading the pack in large cities; among medium-sized cities, Mesa, AZ, Long Beach, CA, and Cleveland, OH saw the fastest increases in rents.

AC

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