Affording Rent Around the U.S.
Are you trying to figure out how much hourly income you need to afford rent in different cities throughout the United States? It’s a tough task, but fortunately, there are resources available that can help you determine what you need to make in order to afford living expenses in your desired area. Here we have compiled some information that will help you get started!
Worst and Best Cities for Minimum Wage Earners
Move.org has put together a list of the least livable U.S. cities for minimum wage earners. According to the list, San Francisco, California is the least affordable city, followed by Newark, New Jersey and Boston, Massachusetts. If you plan on living in one of these cities, you should budget accordingly and try to find a higher-paying job if possible. On the other hand, McAllen, Texas, and Norman, Oklahoma are some of the most affordable cities for minimum wage earners.
10 Cities Where You Can Afford Rent Making $15 an Hour
Rent.com has a list of cities where you can afford rent making $15 an hour or less. These cities include Wichita, Kansas; Toledo, Ohio; Greensboro, North Carolina; and Tucson, Arizona. Although the cost of living is lower in these cities, it’s still important to budget and live within your means to avoid any financial stress.
Additional Tips for Affording Rent
When it comes to affording rent, it’s important to not only consider your hourly wage, but also your other expenses. Make a budget and stick to it, try to find a roommate to split rent with, and consider living in a less expensive area if possible. It’s also important to save up for a security deposit and plan for unexpected expenses.
Overall, figuring out how much hourly income you need to afford rent around the U.S. can be a daunting task, but with proper research and planning, you can ensure that you live within your means and avoid any financial stress.