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What % Of Your Salary Pays Your Rent? - Career - Nairaland

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What % Of Your Salary Pays Your Rent? by deathwing(m): 3:40pm On Mar 28, 2017
Hello guys,

I'd like to know what percentage of your salary is used to finance your annual rent. Is the accommodation standard to your liking?

I know its not a one-size-fits-all thing, but I'd like to get the generally feeling on this issue.

Thanks!

2 Likes

Re: What % Of Your Salary Pays Your Rent? by TheOtherRoom: 2:48am On Apr 11, 2018
deathwing:
Hello guys,

I'd like to know what percentage of your salary is used to finance your annual rent. Is the accommodation standard to your liking?

I know its not a one-size-fits-all thing, but I'd like to get the generally feeling on this issue.

Thanks!
I have always wanted to know much about this.I am even trying to pull a research on this. lalasticlala

2 Likes

Re: What % Of Your Salary Pays Your Rent? by omocalabar(m): 10:45am On Apr 11, 2018
200%...the so-call corruption fighter made things worse ...

22 Likes 4 Shares

Re: What % Of Your Salary Pays Your Rent? by Sirpaul(m): 10:45am On Apr 11, 2018
100%

3 Likes

Re: What % Of Your Salary Pays Your Rent? by NwaAmaikpe: 10:45am On Apr 11, 2018
shocked


A wise person uses 100% of their salary in the first few years of working to ensure they never have to spend even 1% of their salary on rent in the future.

69 Likes 7 Shares

Re: What % Of Your Salary Pays Your Rent? by Unlimited22: 10:45am On Apr 11, 2018
omocalabar:
G
Look at you
Re: What % Of Your Salary Pays Your Rent? by Nobody: 10:45am On Apr 11, 2018
Where is my calculator
Re: What % Of Your Salary Pays Your Rent? by vastolord4(m): 10:46am On Apr 11, 2018
It's very interesting the way you"ll get to find out that 75% of workers don't rely on their salaries to pay bills

18 Likes 1 Share

Re: What % Of Your Salary Pays Your Rent? by dman4mdmoon(m): 10:46am On Apr 11, 2018
Annual or monthly? Gross or net ? You have to be explicit.

2 Likes 1 Share

Re: What % Of Your Salary Pays Your Rent? by edeXede: 10:46am On Apr 11, 2018
embarassed

300%
Op your question is ambiguous

Is it monthly pay or yearly pay.

If the former, I assure you 80% of Nigerians monthly salary wont pay their annual rent, if it could then that person is senseless to still be a tenant.

But is it the later, reconstruct please

7 Likes 1 Share

Re: What % Of Your Salary Pays Your Rent? by paymentvoucher: 10:46am On Apr 11, 2018
grin
Re: What % Of Your Salary Pays Your Rent? by seunO4: 10:46am On Apr 11, 2018
I don’t pay rent.
I have my own place

8 Likes

Re: What % Of Your Salary Pays Your Rent? by Virtualaccounts: 10:46am On Apr 11, 2018
4% in a very good location smiley
Re: What % Of Your Salary Pays Your Rent? by PotatoSalad(m): 10:46am On Apr 11, 2018
1%
I don't earn salaries though

2 Likes 1 Share

Re: What % Of Your Salary Pays Your Rent? by doctorkush(m): 10:46am On Apr 11, 2018
300%

7 Likes

Re: What % Of Your Salary Pays Your Rent? by DonVikings: 10:47am On Apr 11, 2018
Mine is two months out of twelve.

17 Likes 1 Share

Re: What % Of Your Salary Pays Your Rent? by Akumjum: 10:47am On Apr 11, 2018
No time for salary job. Strictly business and hustle thingz.

5 Likes

Re: What % Of Your Salary Pays Your Rent? by jeeqaa7(m): 10:47am On Apr 11, 2018
20%

1 Like

Re: What % Of Your Salary Pays Your Rent? by obaataaokpaewu: 10:47am On Apr 11, 2018
Mine is about 10.7%.
It will increase cos I will be moving when the rent expires
Re: What % Of Your Salary Pays Your Rent? by Unlimited22: 10:48am On Apr 11, 2018
DonVikings:
Mine is two months out of twelve.
16.67% then

3 Likes

Re: What % Of Your Salary Pays Your Rent? by OreoPaschal(m): 10:48am On Apr 11, 2018
For me,


I save 50percent of my salary, Spend 30percent on a monthly basis and 20percent goes to accommodation. I think 15-20percent of what you earn should be allocated to accommodation.



cool cool cool cool cool cool

8 Likes

Re: What % Of Your Salary Pays Your Rent? by talk2dboss: 10:48am On Apr 11, 2018
Well my 3 months salary caters for my annual rent. But i usually advise that your 2 months salary at most should cater for your rent. But most times, i rely on outside jobs or runs to pay rent. Hope this help

14 Likes

Re: What % Of Your Salary Pays Your Rent? by mykorheya(m): 10:48am On Apr 11, 2018
10% of annual pay is ok.

3 Likes

Re: What % Of Your Salary Pays Your Rent? by Unlimited22: 10:48am On Apr 11, 2018
NwaAmaikpe:
shocked


A wise person uses 100% of their salary in the first few years of working to ensure they never have to spend even 1% of their salary on rent in the future.
Obata osu.

6 Likes 2 Shares

Re: What % Of Your Salary Pays Your Rent? by allanphash7(m): 10:48am On Apr 11, 2018
Salary?

7 Likes 1 Share

Re: What % Of Your Salary Pays Your Rent? by talk2ekpa(m): 10:48am On Apr 11, 2018
It is said that toothbrush should be changed every 3 months, well, bro I've used one toothbrush for 3 years, and still using it! Now why Am I saying this?

Bro, your life, your income and where you live is your choice.

Just have a good reason for doing whatever you do, and be sure that you can give an account to God on how you lived your life on earth

12 Likes 2 Shares

Re: What % Of Your Salary Pays Your Rent? by daroz(m): 10:49am On Apr 11, 2018
Your annual rent should never exceed your two months salary, otherwise you are on a very long thing . Be wise bro.

7 Likes 1 Share

Re: What % Of Your Salary Pays Your Rent? by DonVikings: 10:50am On Apr 11, 2018
Unlimited22:

16.67% then
Wrong. That is about 8% na.

100/12 is 8.33.


Modify.

Oh you are right. Two portions of the 8.33 which represent two months is 16.66%.
Re: What % Of Your Salary Pays Your Rent? by ikaboy: 10:50am On Apr 11, 2018
Most house rents are finance by tips, runs and fraudulent practices in work place. As a supplier i know what I see with workers especially admin /procurement people. Those guys cannot make heaven.

11 Likes 1 Share

Re: What % Of Your Salary Pays Your Rent? by gidado14(m): 10:50am On Apr 11, 2018
deathwing:
Hello guys,

I'd like to know what percentage of your salary is used to finance your annual rent. Is the accommodation standard to your liking?

I know its not a one-size-fits-all thing, but I'd like to get the generally feeling on this issue.

Thanks!
150%
Re: What % Of Your Salary Pays Your Rent? by Niyinficient(m): 10:50am On Apr 11, 2018
i cant even say it

About 4 month's pay o

2 Likes

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