I can easily find things like rent, internet, insurance prices, but how do I find things like grocery prices? I honestly don’t even know what an average grocery list might look like, are there resources to help with this? my gf and I are looking into moving out, and assuming a monthly income of ~4400 USD and rent being 500 USD, I think we should be okay, but I need to be 100% that we won’t be barely scraping by or anything. thank you everyone
in the olden days it was 1/3rd your income but that rule does not work in todays housing prices.
I thought housing was supposed to be 30%
for us it would actually be close to 20%
holy crap 20%. I actually do a third and consider myself to have a nice housing deal for my area.
The classic advice, which is still good today, says to spend no more than 1/3 of pretax income on housing.
The poor often spend a lot more than 1/3 on food, and the rich never do.