re: How much rent can a young person afford on 60k income?

quote:

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They don't want some apt complex out in the burbs. Would be happier in a shotgun double. I'm thinking anything decent will be at least $900 and up. 

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You can't always get what you want. Not saying it isn't possible, but it isn't smart. When we got married, we made right at 100k combined and had a 900 dollar note. Yes, we could have gotten by with a nicer place. Had many friends that jumped into bigger houses. We built up a good savings which allowed us to have a kid, buy nicer cars, move when my job asked and buy a much bigger house, etc. All without having to bat an eye. Whereas the friends who bought big houses still make comments about not being able to afford random shite. Why kill yourself to live in NOLA on teachers pay when you can stay in Metairie? I know doctors who lived in river ridge or Metairie when starting out due to housing prices. And they had much bigger financial futures obviously.