Submitted by princessofanxiety t3_zbui8x in personalfinance
Is it insane to pay $2500 in rent on a $120,000 salary? Location is Houston, Texas.
Editing to add context around my finances.
Monthly expenses are around $2000 (excluding rent). So would be able to save around $2500 of my after tax income monthly after expenses.
$80k in savings/investments
I also get performance & rsu bonuses worth $20k/yr (didn’t include this initially cos bonuses are never guaranteed)
Another edit: There’s a special going on that will bring my net rent to about $2050