#TIA – The word “comfortably” along with “affording” in this story about rents in big cities is at the least “relative.”
“Rent for a two-bedroom apartment in New York City is more than double the cost of rent in Denver, Colorado.
It’s clear that depending on where in the United States you live, rent may take up a bigger portion of your income.
SmartAsset found what income is needed to comfortably afford rent for a two-bedroom apartment in 25 cities across the US. Comfortably, in this case, means spending no more than 28% of annual salary. The data on average apartment costs came from RentCafe.com and is from June 2018.”
Read more at Business Insider