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San Diego. Household median income: $98,657 Total annual cost of living: $53,339 Overall average rent: $2,274 1-bedroom average rent: $1,938 2-bedroom average rent: $2,429 Read More: The Salary ...
Wyoming. Median rent: $1,119 Monthly income needed: $3,730 Annual income needed: $44,760 Methodology: GOBankingRates calculated the salary needed to afford rent in every state by using the budget ...
In this case, limiting rent that matches a 30-times salary or less can help when earnings decrease. If additional costs in your area are high, like taxes, insurance or utilities, renting below a ...
The following is a list of California locations by income. California had a per capita income of $29,906 during the five-year period comprising years 2010 through 2014. About every third county and every third place in California had per capita incomes above the state average. Though somewhat counterintuitive, this implies that counties and ...
The average annual wage in the state is $56,970, so a person making that would fall $25,510 short of being able to comfortably afford rent costs. New Jersey is challenging to homeowners, too ? it ...
[205] [206] This bill restores to local governments the ability to require inclusionary rental housing for low income households, hence in effect setting their rent amount. Yet it allows for state oversight by a review (per a feasibility study) of such municipal requirements if applicable to over 15% of the units of a development project. [207]
The average American one-bedroom apartment now rents for $1,217. If you stick to the rule of thumb that you should spend a maximum of 30% of your gross income on housing, that means you would need ...
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