Can You Live Off 30 000 A Year?

Is 30k salary good?

30k is a good salary if you want a luxurious lifestyle but if you want to do savings at the same time by enjoying luxurious lifestyle then it is not enough.

Staying in a PG will cost around 7k–10k where as 5–10k for food and other basic stuffs , remaining amount you can use for various luxurious things..

Can a single person live on 25000 a year?

The quick answer to this question is that yes, two people could live on $25,000 a year. But here’s the big but, you would have to have no mortgage, no auto loan, no credit cards and no student debt. Plus, you would have to live in an area with a very low cost-of-living.

Can you live off of 30k a year?

The maximum percentage you should spend on housing is 25% to 30% of your income. And this should include your utilities and other monthly home expenses such as homeowners or renters insurance. This means to live on $30,000 a year you would spend no more than $625 to $750 a month for housing.

Can you live on 30k a year Reddit?

you could tighten up and live on 30k a year pretty easily, but it wouldn’t be all that comfortable. Lets break it down. 30k a year is roughly 575 a week. … Groceries is about 50 bucks a week? that’s definitely low, but whatever.