The Most Budget-Friendly Cities For Renters
8 Jul 2020
City Awards & Recognitions
Before becoming homeowners, most people rent a house or apartment.
Renting is a terrific stepping stone to homeownership because you can accumulate the savings necessary for a down payment, while also learning your living preferences.
But, the only way to save enough to eventually buy a house is to live in a city that has access to high-paying jobs and relatively affordable rent costs. It is recommended that your monthly rent should be no more than 30% of your monthly income.
More Topics
According to data from the Bureau of Labor Statistics, full-time workers with a bachelor’s degree have median weekly earnings of $1,189, while median weekly earnings for high school graduates are $718 and $515 for full-time workers without a high school degree.Being a college graduate usually leads to a higher paying...
ST. CLOUD – St. Cloud Technical & Community College has been awarded over $2.5 million in federal funds to enhance its manufacturing programs.The investment, made by the U.S. Department of Commerce’s Economic Development Administration, will fund an Advanced Manufacturing Training Lab, located at SCTCC’s campus on Northway Drive in St...
Financial experts generally recommend that no more than 28% of your total household income should be used for monthly mortgage payments.Keeping your mortgage payment below that percentage usually leads to a more comfortable budget and allows you to either save your extra cash or spend it on things like a...
