Rant How much do you pay for rent as a % of your monthly income?

Discussion in 'General' started by rainbowbridge, 13 Feb 2010.

  1. woof82

    woof82 What's a Dremel?

    Joined:
    18 Jul 2005
    Posts:
    2,223
    Likes Received:
    58
    £600 living allowance.

    £300 for rent
    ~£30 for bills
    Council tax exempt.

    Let's just say I don't get to go out very much....
     
  2. Baz

    Baz I work for Corsair

    Joined:
    13 Jan 2005
    Posts:
    1,810
    Likes Received:
    92
    I pay 50% of my salary in rent. It sux0rs.
     
  3. GregTheRotter

    GregTheRotter Minimodder

    Joined:
    9 Aug 2008
    Posts:
    4,272
    Likes Received:
    88
    Well, I earn 720 euros a month, or £625 and work full time. I lived in the UK a few years ago in my parents house (they had moved to Greece), and all I had to pay was my food and travel expenses. We were renting two of the rooms out with me in the 3rd. Now we've rented our house in the UK out completely, and I live here in Greece with my parents.

    I give my parents 200 euros a month. I use the car and every so often put petrol in it (work is 5 mins away from my house by car). So basicly, I pay 28% to my parents every month, and the rest goes into my pocket.

    It's a three story house, where each floor has it's own entrance. I live on the first floor with my sister, my parents on the ground floor. It's not bad. The weather is better, I live closer to work. Can't complain. When I was back in the UK, I worked part time and would travel from Henley on thames to windsor LOL.
     
  4. Teelzebub

    Teelzebub Up yours GOD,Whats best served cold

    Joined:
    27 Nov 2009
    Posts:
    15,796
    Likes Received:
    4,484
    Rent's in London are a joke I know some one that pay's £400 a month for a little box of a room with no window's share's the toilet and the kitchen.
    I'm really glad I dont live in London any more.
     
  5. RinSewand

    RinSewand What's a Dremel?

    Joined:
    11 Sep 2006
    Posts:
    1,845
    Likes Received:
    80
    £150 in board at my mums house... which equates to 16%

    RwD
     
  6. eek

    eek CAMRA ***.

    Joined:
    23 Jan 2002
    Posts:
    1,600
    Likes Received:
    14
    £400 is v cheap in London so it's no wonder the place sucked :)

    The 1/4 rule sounds sensible, however I'd go over if it meant living in a nicer place. Depends on your priorities and other outgoings I guess!

    My share of the mortgage is around 25% of net income. Bearing in mind it's a one bed place though so if it was just me it would be 50%....
     
  7. stuartwood89

    stuartwood89 Please... Just call me Stu.

    Joined:
    20 Aug 2008
    Posts:
    1,566
    Likes Received:
    52
    I pay £425 per month in rent, and I earn approximately £600 by myself. With my fiance's wages as well, we both take home around £1000 per month, so 43% goes on rent alone. £100 per month for council tax, not sure on utilities yet as we've just moved in and haven't had our first bills yet :/

    Place is a ground floor, two bedroom flat, newly renovated with central heating, double glazing and house alarm in the suburbs. Not too bad really for the money.
     
  8. Jipa

    Jipa Avoiding the "I guess.." since 2004

    Joined:
    5 Feb 2004
    Posts:
    6,363
    Likes Received:
    125
    With my "income" being the government student-support, the rent alone is somewhere 80%'s. Add electricity and internet and it's closer to 85%. What's left is basically somewhere around two euros per day for EVERYTHING. Now that sucks. 45% may sound and indeed be quite high, but being broke all the time just sucks.

    /end of a bit too personal rant.
     
  9. mrbungle

    mrbungle Undercooked chicken giver

    Joined:
    20 Sep 2004
    Posts:
    5,307
    Likes Received:
    165
    60%

    and i run a car

    :(
     
  10. riggs

    riggs ^_^

    Joined:
    22 Jul 2002
    Posts:
    1,724
    Likes Received:
    3
    Around about 50% at the moment. £260/month but that includes bills...plus I only work part time (14 hours/week) and receive housing benefit (don't judge me, this is the first time I've claimed any kind of benefit and should only be temporary until I can find another full time job).
     
  11. theevilelephant

    theevilelephant Minimodder

    Joined:
    5 Jan 2006
    Posts:
    1,334
    Likes Received:
    36
    Pay £800, rent £440 = 55% which sucks ass.
     
  12. deaglecat

    deaglecat What's a Dremel?

    Joined:
    24 Jan 2010
    Posts:
    18
    Likes Received:
    0
    Pay £300 rent - above a chippy that I work in. Pay nets me around £900 in a good month so... about 33%

    Deag
     
  13. Shepps

    Shepps Slacking off since 1986..

    Joined:
    5 May 2002
    Posts:
    1,492
    Likes Received:
    7
    I'm currently paying 36% of my take home salary in rent. I'm living in a house share with 7 other people, i've got a massive room and i get on with everyone great. I considered getting my own flat when i moved here but i was looking at ~£600 rent + bills etc. Thats compared to £475 inc all bills, council tax etc. It's just not worth it imo.

    OP: Find another house share with a bigger room or with people you get on with better etc - with a room not next to the toilet!
     
  14. Sloth

    Sloth #yolo #swag

    Joined:
    29 Nov 2006
    Posts:
    5,634
    Likes Received:
    208
    Live with my folks currently, so nothing.

    The reason being, the cheapest possible living arrangements are 50% of my income for a 1br, or 30% for a 2br (assuming I had a mate to share the cost, which I don't). All of which require going to a laundromat because all they come with is a tiny kitchen appliance wise. Can't stand the idea of doing that.

    Of course, to actually be a decent distance from work in a non-shite place would mean 65% solo, 45% with a roomy.
     
  15. imersa

    imersa Parvum Princess

    Joined:
    9 Apr 2009
    Posts:
    1,792
    Likes Received:
    89
    Recently lost the job.
    But before then I was earning about £1200 takehome, with £200 on rent.
    Not half a bad set up!
     
  16. BentAnat

    BentAnat Software Dev

    Joined:
    26 Jun 2008
    Posts:
    7,230
    Likes Received:
    219
    I pay close on 30% on rent. And that's really cheap for around here. And 30% of Management salary.
     
  17. badders

    badders Neuken in de Keuken

    Joined:
    4 Dec 2007
    Posts:
    2,635
    Likes Received:
    72
    65%. Actually, that's better than I thought, and goes down to ~30% when you add the wife's income.

    Still hurts when 900-odd quid comes out of the account all at once, though!
     
  18. Dreaming

    Dreaming What's a Dremel?

    Joined:
    31 Jan 2007
    Posts:
    589
    Likes Received:
    7
    About 25%, but post graduation I expect that to go up to about 50-60% (including council tax and water/gas) :( there simply aren't cheap places to live anywhere close to well paying jobs.
     
  19. Comfyasabadger

    Comfyasabadger What's a Dremel?

    Joined:
    23 Jun 2009
    Posts:
    607
    Likes Received:
    28
    A Two bed house which I share with my Partner in Kent is £550 so split between us both it's about 20% of my monthly salary.
    But like everyone else there's all the other crap on top.
    Bills, council Tax, Travel etc etc...

    Finding a good balance between the lot is hard.
    If your desperate to get a gaff of your own, look at other things that you could do without? i.e. the new release of that £50+ game that you've been waiting for for years

    But your a brave man if your going to rely on Poker wins to pay the difference, it could get very nasty very quickly.
     
  20. MrJay

    MrJay You are always where you want to be

    Joined:
    20 Sep 2008
    Posts:
    1,290
    Likes Received:
    36
    I'm on about £650 after tax and pension.
    Living with the folks still so only pay £150 a month.
    I don't have a car so most of it goes into savings.
    Just landed a new job so i should be able to afford to fly the next this year : )

    Does anyone here House share?
     

Share This Page