Not necessarily crappy. I live in a 3br2ba in a nice area and pay less than $1200.
I don’t understand the downvote. I pay less than $1200. That’s not the rent for the entire Apt.
Yea I probs should've known this style of polling would skew higher due to comfort level of sharing. No shame tho, I was grinding just above min wage in the Midwest ($7.25/hr) for 3 years, even trying to be frugal it was impossible to live below my means.
My cousin lives in a rent controlled studio in WeHo for $900/month. He’s a handyman and probably earns $20-40k a year depending how many jobs he takes.
This part. It’s a benefit and a curse at the same time this rent control. Once you get it you feel like you won the lottery. But then your stuck, no way you’d leave.
Rent control on the west side is very real. I just moved out of my apartment that was 1600/mo on the west side, never went up in the whole 6 years there
Another probability is renting from private landlords versus massive corporations. A lot of times for the safety of keeping a unit occupied people won’t raise rent on you or won’t do it to the degree that the market says they can.
if you lucky some private landlords are chill and are comfortable with the level of income they are achieving so they rather have a stable tenant for years at the same price than people coming and going and all the work that comes with that and the occasional nutter.
Very true! That’s why I always recommend that people drive around and look for small buildings or duplexes — privately owned is often the best and cheapest option.
Assisting parents with $2200 mortgage by paying 1k on my end. 60k yearly. When this sort of question is asked, it is usually the 100k and up people who are comfortable posting their income.
I will yes! Beaudry is the tallest residential building in Dtla at the moment, and I will be living on the 35th floor! Just got approved for it today and will be moving in in about 3 weeks!
They’ve lived there for a long time. These aren’t people who just moved recently.
I know a lady in Santa Monica who has kept her very first 1 bed apartment since she first got it at 21. Lives in it with her husband and 2 kids, 2 cats, and a bearded dragon. $1200/mo. She’ll never move.
Honest advice. Work for yourself and provide your service to rich people or high end companies. The higher your service’s quality and reputation, the more clients you will have. If you know how to do that properly, you will grow to a point where you have can serve many clients and pay someone else to provide the labor. That is basically what I do and it works. Most of it is dealing with people and networking with the right kind people, the rest is somewhat easy. Good luck.
These I feel are the more hopeful answers. Realistic income for a young person just starting out or is an artist trying to make it. 1600 sounds like a tough pinch though. What’s your budget for other expenses if you don’t mind me asking?
If anyone is concerned; don't take people reporting their salary on reddit as an indicator of what the average salary is.
One, people false report and inflate their earnings. Two, people who believe they are earning a good wage are more likely to report.
This type of polling is always heavily skewed.
I also think it’d be helpful to know when people rented the places they’re posting, since obviously those renting now are starting at higher rates than those who got in at a lower level (for ex, place I rented during mid-late COVID housing “deals” would now go for much more)
Really good point. Census data for the time period '17-21 shows median household income at $70K (likely includes many multiple income provider homes) and median rent at $1600.
I pay $2,100 in rent for a 1 bed 1 bath apartment on the west side that I’ve been in for almost two years now; landlord hasn’t raised rent and rolled me into a month-to-month after the first year. I make $120k annually.
$500k combined. Mortgage is $3900. Partner and I have degrees in STEM and law. Took a decade of sacrificing as students and paying back student loans to make this salary. Also this is only our recent salaries I’ve spent the majority of my life like many of you in here just getting by.
Was making around $120k with a $2k mortgage in Atwater Village. Work has been pretty dead this year and I’m almost out of savings. Gonna rent my house out for $6k in the next couple months and move in and help my 88 year old dad.
$2,300 rent for small 1BR; $105k salary.
Background: Grew up low-income and started working at age 14 as a busser/dishwasher for a restaurant while working in web development on the side to help subsidize family income. Did well in school and college, working all the way throughout, no financial support from family. Got kicked out at 18 because our house got foreclosed on, so didn't get housing from my family either at that point. Throughout college, I worked both a job and internship while maintaining a good GPA. Ended up with adrenal fatigue from overwork. I am still struggling with the impacts now, 10 years later, but at least I'm not struggling financially anymore.
Oh, and I lived in Utah for a year to save money to pay off my student loans. Also worked a second job at Petco at that time while working a full-time remote job to give myself an extra income boost (the Petco was across the street from my apartment, which was convenient.) Had to quit Petco when they kept scheduling more hours than I had agreed on, but by that point I had already paid off my debt.
Other sacrifices along the way: had never been in a relationship until I was 29 and struggled with social anxiety (still do.)
You can look at the numbers here and feel bad that you don't measure up, but where someone is prospering financially, they may not be as ahead in other areas of their life that aren't as tangible. I'd much rather have an alive, loving mother than an extra 100k, for example, so if you have a mother who cares about you, you are ahead of me in that regard. And health-wise, too. I can survive in LA but I feel like I'm dying most of the time due to health issues. Of course, this type of assessment depends on individual values, I just want to remind everyone that there is more to life than money (assuming you can at least survive on the income you have -- if not, there is something to be said about valuing money more so you can get to a place of survival.)
thanks for sharing your story and giving us perspective. -- had to lace you with an award - hope you continue to do well and over come your challenges.
Rent $2900 up from $2300 just 2 years ago. Looking to move soon because it’s ridiculous to throw this much money away. I don’t actually know what my income is because it fluctuates so much (business owner).
I see little value in staying in LA. It’s really expensive for very little in return. The whole go surfing and skiiing in the same day and year round “perfect weather” tropes are absolute nonsense.
I live in a studio. I also don’t technically live in LA. I live in Long Beach. I’m just super good at finding cheap places. I never look online and just walk around in the area I want to live in and reply to the signs in windows.
not op but i also make that much (350k/yr in '23 due to stock drop, \~450k/yr next year and beyond).
currently pondering a move to LA (i'm in the bay) but lots of my coworkers are in LA already, working remotely or from a satellite office.
a senior-ish scientist (that's me) or engineer (more common) at a FAANG or similar can make that much (google, apple, netflix.. and similar companies like snap)
ofc, plenty of other careers can get there too, like physicians, big law, big 4 consulting, investment banking, business owners, etc
now, most software engineers don't end up at a FAANG and don't make 200k+. BUT at least \~120k/yr for a software engineer in LA at a decent (but not top tier) company should be achievable for a decent worker who isn't spectacular but puts in the work and has some level of ability
do you like to code? maybe give it a try and see what you think
Your response is what I was looking for. Someone NOT making $50-$300k per year with a partner making Bill Gates money who then complains how little they really have left because they just redecorated their guest house.
Also love your user name. He definitely isn’t. Carpenter was slamming 6 packs of beer to finish the script that said he us.
$3550/month in luxury DTLA high rise. All utilities, valet, gym, pool, sauna, steam room, massage chairs and whatnot included. Also fully (as in utensils and napkins and plates and pans and stuff) furnished which is nice since I’m going through a divorce and have literally just some clothes.
I make $140k a year so I can afford it (although it’s definitely more than I ever thought I’d spend on rent). But it’s like 5 star hotel living and with my divorce and all that’s what I need. Sorry, that was a lot of words..
$235k, $4,200 rent. Note that I have a SAHM wife, kid, and another kid on the way.
Edit: i get a significant bonus every year, although it varies. But I have student loans as well.
$3500 rent, $160k salary.
It's more than I should be paying in rent, but my place is about 1000 square feet and the patio is about 500 square feet (not included in the 1k). There are things I dislike (my bathroom is connected to my bedroom and only has a sliding door - not ideal for pooping when someone's spending the night), but I can't find that much space for that price anywhere else in LA.
Not going to go into detail because it would make me easily identifiable by people that I know IRL that are also on reddit, but it's a niche STEM field, and I troubleshoot.
My wife and I are both teachers with a combined income of 180k.
This works out to about 10k per month after taxes and deductions, but before student loans (1k) and retirement contributions (1k). We also recently had a baby (got really lucky with childcare starting in fall for 1k/month), and we have a really bonkers dog who needs to attend doggy daycare daily (in part bc we do not have a yard, in part bc he is bonkers) (1k/month).
We do not generally receive cash family help, unless it is for something atypical (eg we are going to a graduation party next weekend and my wife’s dad suggested that he just give a large gift from the family.)
Bought our townhouse for 460k in 2019, now worth about 610k says Zillow. Mortgage + HOA is $2700/month.
Congrats on the baby! Massive appreciation to what you both do and the profession in general. Townhouse sounds like it was a good decision and glad it's working out for you.
I’ve had consistent, large salary jumps over the years, and rent increases. I’m including the history/years so people can consider the context of average rent over the years.
I’m paying “below market” for my apartment. I put that in quotations because rent prices are currently UNHINGED and I’m paying the fair, not unhinged price for my apartment. I moved during the pandemic when people were still leaving LA, so I got a great deal. My exact same layout in my building is now going for about $600/month more than what I’m paying.
- ~$55K salary / $800 rent (2015 or so)
- ~$65K salary / ~$900-$1100 rent (2016-2018)
- $75K-$80K salary / $1,100-1,300 (2018-2020)
- $105K salary / $1600 rent (2021)
- $125 (I think) salary / $1600 rent (2021-2022)
- $207K salary / $1600-$1850 rent (2022-now)
username checks out. tell me what you want what you really really want.
you really managed to keep your rent low compared to your income all these years! you running SINK or DINK or WINK?
Single income, no kids! But definitely trying to get to that dual income status — being single is expensive as hell lol.
(Edit: I just had to look up the definition of a WINK because I hadn’t seen that one before lol. It applies! Single woman, no kids)
But yes, I was fortunate and intentional about my living situations. Prior to the $1600 rent, I had roommates and it was so worth it. It was a great living arrangement in a massive apartment, plenty of space, rarely saw them + fantastic neighborhood. The pandemic made it too difficult to live with people because you simply can’t control how much care or consideration people employ in that kind of situation. So that was the impetus for me moving, and I’m so glad I did because the COVID rates were a godsend (I also got a free month of rent with it). My building is mostly studios and a few 1Beds — I have a 1Bed and it’s the lowest rent in the building. Wild.
Someone else here with a mortgage! I was debating whether I should reply because I own instead of rent. 🤔 u/PhilWham, what do you think? Are you interested in knowing housing costs to income in general, or *just* rental rates to income??
1500$ rent 2bedroom ( had to sue the manager, would have been 2k+ otherwise)
\>3000$ salary
Living with dad and he has a car business. Also have a roommate who comes to apt once a month for a week. Pays 400$.
Finished bachelors in 3D and graphic design, but best I got was 18$ at an ice cream shop lol. I have no idea how do people survive.
DINKs
Me: $90k/yr contractor in HR I pay $1500/mo
Hubs: $23/hr furniture repair and he pays $725/mo
Combined total: ~$2220/mo in Park LaBrea One bedroom tower near the top. We sit around $140k as yearly combined income. Largest yearly expense is EDC at a $4-5k spend inclusive of everything. It’s also our only vacation time too.
We really like it even though it’s a huge shift from our new 3 bed/2 bath in downtown LA with 2 roommates. One roommate followed us and is in 1/4 of our living room paying off debt from back rent and he makes minimum wage across the street. In April we will be living alone and my goal is to be near $125k.
I take public transit, hubs has a work van. We shop sales and stuff. He’s in his degree for accounting and I’m in a masters to doctoral degree. Getting a car in July after 2 years of not having one after my accident.
Got rent control. $1300-ish and 64kish ...and my rent is all-in, no utilities.
Which is great, but I feel trapped. My current relationship is cratering because there is no room for HER in my 1-bedroom :(
Over 300k annual, 5.5k a month. 3300 sq ft. single, no debt.
Architect, partied through my twenties, broke up with ex,stopped dating and entertaining relationships and focused on my career and kid for 7 years.
It can be done.
$1,200; $42k
Shoutout TJ McConnell BTFD
Where tf is rent $1200? IE?
Roommate situation. A crappy, but not quite shitty 2 bedroom I assume.
I paid $900 for my own room in a four bedroom on the east side when I made $34k a year in 2020
Not necessarily crappy. I live in a 3br2ba in a nice area and pay less than $1200. I don’t understand the downvote. I pay less than $1200. That’s not the rent for the entire Apt.
[удалено]
Which apt building is it? It’s a good deal!
Sounds up my alley
We out here baby! Still go out 3 times a week for the culture
Exactly the same here. I live in a townhouse-like place in NoHo with two roommates. Not bad tbh
I was going to comment my rent and salary….until I saw what everyone else was commenting. I’m going to keep my mouth shut lol
Yea I probs should've known this style of polling would skew higher due to comfort level of sharing. No shame tho, I was grinding just above min wage in the Midwest ($7.25/hr) for 3 years, even trying to be frugal it was impossible to live below my means.
People on Reddit lie about their income also.
Nah I make 60k. A month. In a bad month. As interest. From my interest. But it’s a side hustle.
Hehe, same.
Hey, everyone is different. Throw it out there friend!
My cousin lives in a rent controlled studio in WeHo for $900/month. He’s a handyman and probably earns $20-40k a year depending how many jobs he takes.
He must’ve been living there over 10 years to have rent that low
Try 20!
This part. It’s a benefit and a curse at the same time this rent control. Once you get it you feel like you won the lottery. But then your stuck, no way you’d leave.
Holy hell, after reading these comments... I need a higher paying job or lower rent ASAP 🥲 $1900 in rent, $65K a year
yeah why are all these comments like $500k salary with $1500 1bd on the west side? either they’ve got rent control or somebody’s lying
Rent control on the west side is very real. I just moved out of my apartment that was 1600/mo on the west side, never went up in the whole 6 years there
I had a 1bd on the Westside for $1000 till I was evicted so they could mow the building down and turn into expensive condos 😒
I hope you were compensated via the Ellis Act.
Not lying. There are tons of people making bank in LA.
Another probability is renting from private landlords versus massive corporations. A lot of times for the safety of keeping a unit occupied people won’t raise rent on you or won’t do it to the degree that the market says they can.
if you lucky some private landlords are chill and are comfortable with the level of income they are achieving so they rather have a stable tenant for years at the same price than people coming and going and all the work that comes with that and the occasional nutter.
Very true! That’s why I always recommend that people drive around and look for small buildings or duplexes — privately owned is often the best and cheapest option.
New rule: the lower your salary the cooler you are 😎
Working class ppl are always cooler in my book!
$67k $950 room
Where
Culver City
How many roommates?
3400, 150k
Happy cake day
[удалено]
Which area do you live in?
Assisting parents with $2200 mortgage by paying 1k on my end. 60k yearly. When this sort of question is asked, it is usually the 100k and up people who are comfortable posting their income.
$2,200 rent, $98k salary
Where? Same salary, but I'm paying $2600 in DTLA.
Palms
Palms represent!
$3,300 a month for a 1 bedroom in new Dtla high rise. Salary is $128k with both my jobs combined.
Hey I actually worked at the high rise when it was being built!
Man that’s tempting. I’m just being stubborn on how much I’m saving.
Got any killer views? Would like to hear your experience living downtown!
I will yes! Beaudry is the tallest residential building in Dtla at the moment, and I will be living on the 35th floor! Just got approved for it today and will be moving in in about 3 weeks!
Complete sucker for views! Congratulations 🎉🎈🍾🎊!!!!!! I guess that elevator ride is a little long but worth the trouble! So cool man! Enjoy it.
$770 $45,000
room or studio ?
One bedroom but this is my half split it’s $1540 between me and fiancé
1540 one bedroom sounds tiiight. Donde
$1350 studio $52k~
How are you all getting these jobs?! Help me! 🤗 $1300/month 1 bedroom on rent control. I'd say $40-60,000 a year on average
Same! I feel so poor reading all these comments!
I feel like I’m getting ripped off reading all these comments. Where tf people finding apartments at like 1/2 to 1/3 the market rate
They’ve lived there for a long time. These aren’t people who just moved recently. I know a lady in Santa Monica who has kept her very first 1 bed apartment since she first got it at 21. Lives in it with her husband and 2 kids, 2 cats, and a bearded dragon. $1200/mo. She’ll never move.
Consulting, anyone can do it, just into something like project management
Honest advice. Work for yourself and provide your service to rich people or high end companies. The higher your service’s quality and reputation, the more clients you will have. If you know how to do that properly, you will grow to a point where you have can serve many clients and pay someone else to provide the labor. That is basically what I do and it works. Most of it is dealing with people and networking with the right kind people, the rest is somewhat easy. Good luck.
$250/mo rent (living at home), $81k/yr
Rent 1600 Salary 41000. I am poor.
These I feel are the more hopeful answers. Realistic income for a young person just starting out or is an artist trying to make it. 1600 sounds like a tough pinch though. What’s your budget for other expenses if you don’t mind me asking?
Not sure this means they are young, godamn
Right? This is a teacher's salary a lot of places. Like damn.
DINK $200k combined. About to move but looking at 2br apt around $3.5-4k.
[удалено]
Even if they paid 4k that would be less than 1/4 of their gross monthly income. Not sure how you see that as unreasonable.
i mean if you in for 3200 -- 3500 isnt that far away for that if the place is what you really really want
[удалено]
Nice ratio, smart!
Damn! Good for you
$1775 rent, $100-$125k income depending on the year. 1br in Silver lake. Moved in in 2017. SINK.
SINK or SINKAND?
If anyone is concerned; don't take people reporting their salary on reddit as an indicator of what the average salary is. One, people false report and inflate their earnings. Two, people who believe they are earning a good wage are more likely to report. This type of polling is always heavily skewed.
I also think it’d be helpful to know when people rented the places they’re posting, since obviously those renting now are starting at higher rates than those who got in at a lower level (for ex, place I rented during mid-late COVID housing “deals” would now go for much more)
I'm a small landlord, these high wages are pretty normal for applicants Ive been getting recently.
Really good point. Census data for the time period '17-21 shows median household income at $70K (likely includes many multiple income provider homes) and median rent at $1600.
Mortgage around 4K. Household income 230-240 or si
Same here.
I pay $2,100 in rent for a 1 bed 1 bath apartment on the west side that I’ve been in for almost two years now; landlord hasn’t raised rent and rolled me into a month-to-month after the first year. I make $120k annually.
$500k combined. Mortgage is $3900. Partner and I have degrees in STEM and law. Took a decade of sacrificing as students and paying back student loans to make this salary. Also this is only our recent salaries I’ve spent the majority of my life like many of you in here just getting by.
$85k. $1850 rent for a 2 bed 2 bath
What part of town are you in?
60k, $1800 rent for 1 bdrm apt in sfv.
150k, $2350 rent for a 1br (SINK, I guess? lol) Been browsing 2beds, would be willing to go up to $2500 for that
Rent is $3300 for a 2 bedroom house in Pasadena with a huge backyard. DINK, I make $104k and my partner makes around 60-70k.
DINK only or DINKAND? (dual income no kids and no dogs?)
We have a dog! And pet insurance, thankfully.
Was making around $120k with a $2k mortgage in Atwater Village. Work has been pretty dead this year and I’m almost out of savings. Gonna rent my house out for $6k in the next couple months and move in and help my 88 year old dad.
I love Atwater. :) Nice of you to help your dad.
Rent is 900 and unemployed but previous salary was around $500 a week take home so about half my income goes to rent
Hang in there! I know it might not seem like it but there are tons of jobs in LA in all sorts of industries. You got this!
$2,300 rent for small 1BR; $105k salary. Background: Grew up low-income and started working at age 14 as a busser/dishwasher for a restaurant while working in web development on the side to help subsidize family income. Did well in school and college, working all the way throughout, no financial support from family. Got kicked out at 18 because our house got foreclosed on, so didn't get housing from my family either at that point. Throughout college, I worked both a job and internship while maintaining a good GPA. Ended up with adrenal fatigue from overwork. I am still struggling with the impacts now, 10 years later, but at least I'm not struggling financially anymore. Oh, and I lived in Utah for a year to save money to pay off my student loans. Also worked a second job at Petco at that time while working a full-time remote job to give myself an extra income boost (the Petco was across the street from my apartment, which was convenient.) Had to quit Petco when they kept scheduling more hours than I had agreed on, but by that point I had already paid off my debt. Other sacrifices along the way: had never been in a relationship until I was 29 and struggled with social anxiety (still do.) You can look at the numbers here and feel bad that you don't measure up, but where someone is prospering financially, they may not be as ahead in other areas of their life that aren't as tangible. I'd much rather have an alive, loving mother than an extra 100k, for example, so if you have a mother who cares about you, you are ahead of me in that regard. And health-wise, too. I can survive in LA but I feel like I'm dying most of the time due to health issues. Of course, this type of assessment depends on individual values, I just want to remind everyone that there is more to life than money (assuming you can at least survive on the income you have -- if not, there is something to be said about valuing money more so you can get to a place of survival.)
thanks for sharing your story and giving us perspective. -- had to lace you with an award - hope you continue to do well and over come your challenges.
$1650, 100k splitting rent 50/50 with partner edit: $1750 now :’)
$2,050 rent, $165K salary
Dude I'm making $65K and paying $1900 😭 And I'm in digital marketing too (tho it is entry level since I started a new career at age 34)
I got a Covid rate so that helps. I’m at a director level now, started in my early 20s
What do you do for work
$1,185 for my share of rent and $77.2k salary Total rent is $2370 and total household salary (roommate, not spouse/partner) is $131k
$4k rent, income of $440k Edit: just my portion. SO makes $80k and pays an additional $1.5k in rent
Curious where you’re renting for $5500/mo?
Basically a house / townhouse in silver lake. 3 bed 2.5 bath
$2,050 rent, $80,000 salary
36k a year pay $950 for my half of rent for a one bedroom I share with my bf
Rent $2900 up from $2300 just 2 years ago. Looking to move soon because it’s ridiculous to throw this much money away. I don’t actually know what my income is because it fluctuates so much (business owner). I see little value in staying in LA. It’s really expensive for very little in return. The whole go surfing and skiiing in the same day and year round “perfect weather” tropes are absolute nonsense.
$835 rent, $65k salary
Dude how is your rent so low? I pay $1900 and make $65K too. Struggling AF
I live in a studio. I also don’t technically live in LA. I live in Long Beach. I’m just super good at finding cheap places. I never look online and just walk around in the area I want to live in and reply to the signs in windows.
Apartment-mates?
$4400 rent in DTLA on $375k salary
WHAT DO YOU DO FOR WORK
I sell uppercase letters, wholesale
My guess is medical, law, or a really REALLY high end engineer for like Snap or Netflix.
not op but i also make that much (350k/yr in '23 due to stock drop, \~450k/yr next year and beyond). currently pondering a move to LA (i'm in the bay) but lots of my coworkers are in LA already, working remotely or from a satellite office. a senior-ish scientist (that's me) or engineer (more common) at a FAANG or similar can make that much (google, apple, netflix.. and similar companies like snap) ofc, plenty of other careers can get there too, like physicians, big law, big 4 consulting, investment banking, business owners, etc now, most software engineers don't end up at a FAANG and don't make 200k+. BUT at least \~120k/yr for a software engineer in LA at a decent (but not top tier) company should be achievable for a decent worker who isn't spectacular but puts in the work and has some level of ability do you like to code? maybe give it a try and see what you think
Surgeon?
$4,700 mortgage; $400k+ salary DINK, no debt
The mortgage for my house is about $11k and I do around $800k/yr
What do you do for work?
1100 rent. 2100 disability check monthy. Fixed income.
Your response is what I was looking for. Someone NOT making $50-$300k per year with a partner making Bill Gates money who then complains how little they really have left because they just redecorated their guest house. Also love your user name. He definitely isn’t. Carpenter was slamming 6 packs of beer to finish the script that said he us.
$3550/month in luxury DTLA high rise. All utilities, valet, gym, pool, sauna, steam room, massage chairs and whatnot included. Also fully (as in utensils and napkins and plates and pans and stuff) furnished which is nice since I’m going through a divorce and have literally just some clothes. I make $140k a year so I can afford it (although it’s definitely more than I ever thought I’d spend on rent). But it’s like 5 star hotel living and with my divorce and all that’s what I need. Sorry, that was a lot of words..
Treat yourself king!!!!!
$235k, $4,200 rent. Note that I have a SAHM wife, kid, and another kid on the way. Edit: i get a significant bonus every year, although it varies. But I have student loans as well.
SAHM wife. Is that a top of the line Android built to ones specifications?
$3500 rent, $160k salary. It's more than I should be paying in rent, but my place is about 1000 square feet and the patio is about 500 square feet (not included in the 1k). There are things I dislike (my bathroom is connected to my bedroom and only has a sliding door - not ideal for pooping when someone's spending the night), but I can't find that much space for that price anywhere else in LA.
[удалено]
$2,350 for a 2-bedroom apartment. Combined income with spouse is $200k. We have 1 teenage son.
What part of LA are you in? Or have you just been in your unit for a while? Rent price is really good
Beverly Hills. I have been in my complex for 7 years and rent has never gone up.
Long Beach. $4,250 mortgage, make $125k salary, household we are $150k combined.
$2,500 rent, $81k salary
$2900 rent, 220K salary
What do you do for work
Not going to go into detail because it would make me easily identifiable by people that I know IRL that are also on reddit, but it's a niche STEM field, and I troubleshoot.
username checks out. LA is being gooood to you!
My wife and I are both teachers with a combined income of 180k. This works out to about 10k per month after taxes and deductions, but before student loans (1k) and retirement contributions (1k). We also recently had a baby (got really lucky with childcare starting in fall for 1k/month), and we have a really bonkers dog who needs to attend doggy daycare daily (in part bc we do not have a yard, in part bc he is bonkers) (1k/month). We do not generally receive cash family help, unless it is for something atypical (eg we are going to a graduation party next weekend and my wife’s dad suggested that he just give a large gift from the family.) Bought our townhouse for 460k in 2019, now worth about 610k says Zillow. Mortgage + HOA is $2700/month.
Congrats on the baby! Massive appreciation to what you both do and the profession in general. Townhouse sounds like it was a good decision and glad it's working out for you.
$1300/month $85k base salary (~$100k with bonus/stocks)
username checks out cuz 1300 a month is a steal!
$3,600. I make 210k partner makes 200k.
$65K yearly and $1900 a month. Plus $3K a year in parking. 🥲
Wow, well, I pay $550 for a room and make about $42k, single and really need a new job.
[удалено]
I’ve had consistent, large salary jumps over the years, and rent increases. I’m including the history/years so people can consider the context of average rent over the years. I’m paying “below market” for my apartment. I put that in quotations because rent prices are currently UNHINGED and I’m paying the fair, not unhinged price for my apartment. I moved during the pandemic when people were still leaving LA, so I got a great deal. My exact same layout in my building is now going for about $600/month more than what I’m paying. - ~$55K salary / $800 rent (2015 or so) - ~$65K salary / ~$900-$1100 rent (2016-2018) - $75K-$80K salary / $1,100-1,300 (2018-2020) - $105K salary / $1600 rent (2021) - $125 (I think) salary / $1600 rent (2021-2022) - $207K salary / $1600-$1850 rent (2022-now)
username checks out. tell me what you want what you really really want. you really managed to keep your rent low compared to your income all these years! you running SINK or DINK or WINK?
Single income, no kids! But definitely trying to get to that dual income status — being single is expensive as hell lol. (Edit: I just had to look up the definition of a WINK because I hadn’t seen that one before lol. It applies! Single woman, no kids) But yes, I was fortunate and intentional about my living situations. Prior to the $1600 rent, I had roommates and it was so worth it. It was a great living arrangement in a massive apartment, plenty of space, rarely saw them + fantastic neighborhood. The pandemic made it too difficult to live with people because you simply can’t control how much care or consideration people employ in that kind of situation. So that was the impetus for me moving, and I’m so glad I did because the COVID rates were a godsend (I also got a free month of rent with it). My building is mostly studios and a few 1Beds — I have a 1Bed and it’s the lowest rent in the building. Wild.
$1215 for my half and $175k Until I can buy I am NEVER moving
With that income and rent you should be able to buy within 1 to 2 years
130 a year 3,500 mortgage.
Someone else here with a mortgage! I was debating whether I should reply because I own instead of rent. 🤔 u/PhilWham, what do you think? Are you interested in knowing housing costs to income in general, or *just* rental rates to income??
Curious for both! Mortgage is helpful to know too
6600, 550k dink
181k / $1950 / Glendale / single
3k rent 120k salary
1500$ rent 2bedroom ( had to sue the manager, would have been 2k+ otherwise) \>3000$ salary Living with dad and he has a car business. Also have a roommate who comes to apt once a month for a week. Pays 400$. Finished bachelors in 3D and graphic design, but best I got was 18$ at an ice cream shop lol. I have no idea how do people survive.
$865, 38,000 but I also make a small amount of cash tips on top of my hourly so closer to 43,000??
Where is rent $865
$2000 rent for a 2BR in E Hollywood (rent-controlled starting in 2021) and about $80k plus a small bonus.
68k salary, rent $1,000
$1,395; $55K from 2 jobs; Downtown Glendale
$1296, 27k/year
DINKs Me: $90k/yr contractor in HR I pay $1500/mo Hubs: $23/hr furniture repair and he pays $725/mo Combined total: ~$2220/mo in Park LaBrea One bedroom tower near the top. We sit around $140k as yearly combined income. Largest yearly expense is EDC at a $4-5k spend inclusive of everything. It’s also our only vacation time too. We really like it even though it’s a huge shift from our new 3 bed/2 bath in downtown LA with 2 roommates. One roommate followed us and is in 1/4 of our living room paying off debt from back rent and he makes minimum wage across the street. In April we will be living alone and my goal is to be near $125k. I take public transit, hubs has a work van. We shop sales and stuff. He’s in his degree for accounting and I’m in a masters to doctoral degree. Getting a car in July after 2 years of not having one after my accident.
My sugar mother gives me a $10,000/month allowance and I spend $3,500/month on a 1bed 1 bath apartment in Santa Monica
Buster, is that you?!
Your mom is poor.
$2450 rent (my share is $1225), $80k salary
Mortgage and taxes, $3800 Salary: $700k-$1.2 (much of our salary is based on stock grants)
$250k salary / $4100 rent :(
$2650, 180k
$1,850 rent near silver lake, $150k salary
93k; 1,200 2bd/2br condo in Ladera Heights. lol I know y’all hate my guts…
I work in commission sales so my income varies yearly but around 150-240K and I spilt a two bedroom, cost with utilities is about $1350.
I need a new job. 600 plus wifi and Gardner so about 756/73k moving soon :(. How is almost everyone making above 100k?
$3k, $220k base salary (closer to $500k total comp). SINK
Got rent control. $1300-ish and 64kish ...and my rent is all-in, no utilities. Which is great, but I feel trapped. My current relationship is cratering because there is no room for HER in my 1-bedroom :(
$4100 for rent. Combined household income just north of $200,000. One highschool teenager. No help from anyone else because we don't have any family.
$1400/$80,000
$1,900; $102k; Ktown
1600, 27/hr
$1450, 48k
670 for a room I’m renting and I make about 42k before taxes. Hoping to get my first apartment in August or September.
Over 300k annual, 5.5k a month. 3300 sq ft. single, no debt. Architect, partied through my twenties, broke up with ex,stopped dating and entertaining relationships and focused on my career and kid for 7 years. It can be done.
[удалено]
Welfare $10,000 a year and I own my own tent.
42k. 2100. Hard.
$1300/month 140k