$20/hr is 40k/year assuming 40 hour weeks, 50 weeks/year. Average rent is 1750/month which is $21,000/year. The rule of thumb for affordable rent is 30% of gross income, at $20/hr the average apartment is actually going to cost you over 50% of your gross income. It’s hard out there for a pimp.
$20/hr is 40k/year assuming 40 hour weeks, 50 weeks/year. Average rent is 1750/month which is $21,000/year. The rule of thumb for affordable rent is 30% of gross income, at $20/hr the average apartment is actually going to cost you over 50% of your gross income. It’s hard out there for a pimp.