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Adult Children
Reply to "Rental costs for young adults moving out"
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[quote=Anonymous][quote=Anonymous] Definitely not $1800 with roommates. That’d would be if he lived in a 1BR alone. It’d be around $1300 for him (per person) living in a 2BR. [/quote] $15,000-$20,000/year isn't that much. Maybe half of his take home income? That ratio was similar to even decades ago. I made $29,000 for my first job and paid $700/mo rent and had a roommate. Everyone I knew had roommates. Too expensive to live alone. Many kids now are living at home an extra year to save up for a downpayment on a condo- maybe your son should consider that.[/quote]
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