Can two people afford to rent a town house together?
Of course you can. It’s a matter of being able to budget your income properly. The price of utilities depends upon where you live, your usage habits and who your utility providers are, etc. For example, cable TV, internet access, telephone line, electricity, gas, For rent, a general rule of thumb is to spend no more than 30% of your monthly income on rent (not including utilities). So if you and your roomie each make $1400 monthly, your combined income is $2,800 per month — 30% of $2,800 equals $840.00. So your total rent on a property for the two of you together should be no more than approximately $840.00 per month. Hope this helps.
