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Reply to "New college grad salary/cost of living question"
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[quote=Anonymous]I didn't live in DC but my first job out of college was 34k/year and I spent about $700/month on rent in a shared apartment with one roommate. That was totally doable. That included a $250/month car payment plus retirement savings. After a few years, I was putting away a grand a month in savings for a downpayment b/c I had stuck to keeping my rent low by keeping a roommate. I would encourage her to stick with roommates as long as possible in order to save money for when the day inevitably comes where she'll want to be on her own.[/quote]
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