I’m not thinking anything fancy just so your not struggling and to live in a decent neighborhood. Schools districts aren’t a factor. Just somewhere nice and quiet Should you rent a condo or apartment?
$40,000 per person will get you by. A condo and apartment are the same thing. Email me if you need more details on housing.
I’ll let you know when I get to comfortable! I’m moving into an unfurnished garage that’s been converted to a studio (with a bathroom, stove, refrigerator and everything) in a good neighborhood. I’m renting for $900/month.
Theoretically, you should be paying about a 1/3 of your takehome pay or 1/4 of your gross income for rent. So if a studio that’s attached to somebody else’s house is what you call comfortable, 4 times $900 is $3600 a month. $3600 times 12 months is about $43,000.
If you want a higher standard of living, you’ll want to make more. If you don’t mind sharing a house with some folks you don’t really know (Do you ever really know anyone before you live with them?) you can get away with making less.
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Well considering that the cost of living in Hawaii is the highest in the nation (i.e milk 7.00, bread 5.00, gasoline 4.39 per gal) You can pretty much figure it out. I live on the south coast of maui and my rent for a 2 bedroom 2bath is 1285 monthly. Save on gas by taking the bus which is a dollar out of the central city limits. one way that is. My family and I are trying to manage. It is not easy but you do the best that you can.
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$40,000 per person will get you by. A condo and apartment are the same thing. Email me if you need more details on housing.
References :