Can I afford what I signed up for?
Hai all! I (22F) Just signed a lease for a 1bd in Jackson Heights w my gf (23F) for $2.3k / mo—we’re splitting $1,150 each. My take home pay for each month is $3,600. Per the 30% rule I should only be paying $1,080.
Figured it should be okay bc it’s not so much over AND I don’t have debt, don’t spend so much, and have most furniture & household items already. Very likely to spend under $500 total for furnishings & items for move-in. Also I get rne impression that JH isn’t as expensive as the parts of the city driving up the cost of living(?)
I do have about $30k in savings, but don’t want to dip into that bc of current economy and bc I plan on going back to school.
Wondering, do people think this is reasonable? Also, my girlfriend makes slightly less than I do so I’m wondering about that as well. Thanks!