re: .

It sounds like Tiger Plaza is the place for you. I don’t think you can afford El Cid. That’s baller territory.

When we first got married my wife and I lived off of 72k salary, our rent was $1200, we had 1 car note of $375, and saved about 1k per month to pay for grad school. We shopped sales, but it’s not like we were eating Ramen every night. We also drank a lot and were in bars pretty often (happy hours mostly).

If you don’t have student loans or a grad school bill, and you don’t try to live outside of your means you can probably do it on ~50k as a single person.

ETA: this was 11 year ago, but I would assume you can still probably get a decent spot to rent for $1200 in BR, we were in Uptown New Orleans at the time.

Living wage for a single person in EBR, according to MIT methodology, is a salary of about $45k.

LINK

Find a side gig

quote:

---

Those are around 1k for a 1BR now and are still partially Section 8/rent controlled.

---

If you look at rent.com LINK $1,100 can get you a decent non section 8 apartment.

I think $50k ($25/hr) is probably going to be the floor for most medium sized cities in the South. You can make less work but you're going to eat into quality of life and at some point you dip into safety concerns.

For that total figure $38,000 after taxes, so...

- $15,000 rent on a decent, safe place
- $4,000 utilities, internet and cell phone
- $6,000 for used car note, gas, maintenance, tags and insurance
- $5,000 for a marketplace health insurance plan and typical healthcare expenses
- $5,000 groceries, snacks, fast-food, restaurants and bars
- $1,000 for clothes
- $1,000 for sundries and various household items
- $1,000 misc. hobbies and activities

And that's putting zero into savings, investments or debt reduction plus no vacations or fun-filled social events - just work, eat, sleep and do something lame once a week.

Welcome to Biden's America!

$50-$60k, depending on variables.

quote:

---

$1100 is a lot on 45k though

---

True, but that is less than 1/3 of the salary. That’s why the calculation is called “living wage.” You are scrapping bye with little left over for much else.

10 years ago, as a single guy fresh out of school, I was making $48k.

I didn’t feel like I was killing it, but I wasn’t hurting. It also helps that I just worked, came home, went to sleep. Maybe ate out 2-3x per week. If I had any kind of social life at all, maybe I would have felt differently.

I’d say 1.5-2x that for Joe Biden’s economy in 2024.

1 bed apt minimum $1100 currently in BR. Maybe cheaper in DS or Prairieville.


Considering the other things like groceries, eating, insurance etc etc I’d say 45k at the conservative least.

55k+ would be good and 65k+ would he comfortable.