• sp3ctr4l
    link
    fedilink
    152 months ago

    https://rentalrealestate.com/data/rent/california/

    Avg Studio Apartment Rent: $1575

    Required Hourly Wage for rent to be 1/3 of income, working 40 hrs a week (taxes ignored): $29.54

    Avg One Bed Rent: $1724

    Required Hourly Full Time Wage (Ignoring Taxes): $32.33

    Avg Two Bed Rent: $2,161

    Required Hourly Full Time Wage (Ignoring Taxes): $40.52

    So basically, you can afford a studio apartment on a full time min wage job if you share it with someone who works about 20 hrs a week at min wage…

    … all ignoring taxes on your income.

    • @kemsat
      link
      62 months ago

      That’s if you can find a studio. All I could find by me was 1 & 2 bedrooms.