What's a good ratio of salary vs rent for Singapore? Is it too high to be spending 1/4th of one's monthly pay for rent? - Seedly
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Anonymous

Asked on 02 Mar 2019

What's a good ratio of salary vs rent for Singapore? Is it too high to be spending 1/4th of one's monthly pay for rent?

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Wilson Nid A Break
Wilson Nid A Break
Level 9. God of Wisdom
Answered on 03 Dec 2019

Not really, you can do worst with other places such as London & New York, would not be able to save a nickel by the end of the month

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šŸ‘ 0

Best ratio is zero :)

More seriously, a ratio 25% is on high side and guide is to take caution with anything more than 33% (1/3) as it would mean difficulties dealing with unexpected situation.

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