pls guyz.....i just want to use ur opinion to judge myself. pls like how much salary can u be earning that will make u rent an apartment 200k per anum. thanks

faqir:
pls guyz.....i just want to use ur opinion to judge myself. pls like how much salary can u be earning that will make u rent an apartment 200k per anum. thanks

at least 150 upwards per month

Your one month salary should be able to pay your house rent to eschew unforeseen contingencies. Cut your coat according to your size.

faqir:
pls guyz.....i just want to use ur opinion to judge myself. pls like how much salary can u be earning that will make u rent an apartment 200k per anum. thanks

At least 80k. But u need to put other things into consideration e.g transport cost to work. At times when looking for cheap apartment, you may end up spending more on transport. Like me now, my apartment is expensive but no transport cost.

sabichele:
Your one month salary should be able to pay your house rent to eschew unforeseen contingencies. Cut your coat according to your size.

WORD !

waterfas:

At least 80k. But u need to put other things into consideration e.g transport cost to work. At times when looking for cheap apartment, you may end up spending more on transport. Like me now, my apartment is expensive but no transport cost.

Another WORD !

From my experience and what I learnt studying a course in Mortgage Finance. You should never rent a home/Apartment above 20% of your annual income. Anything above that would put u under wat is termed housing stress.

Mine is 40% per anum
And I've not collected even one yet
I earn 40k. But my rent is 240k. Chai

For comfort of pyment.. ur salad shld be 200 n above.
Worse 150k. Least recommended.

faqir:
pls guyz.....i just want to use ur opinion to judge myself. pls like how much salary can u be earning that will make u rent an apartment 200k per anum. thanks

One rule i feel all folks should adhere by that will help them is your rent should never exceed 10 % of your Salary. If your rent is 200k per annum, your salary should be at least NGN2,000,000 per annum or NGN167,000 per month.

San2ski:
Mine is 40% per anum
And I've not collected even one yet
I earn 40k. But my rent is 240k. Chai

Bro that's way over wat u should pay. More like u work six months just to pay yr rent. Try getting a house for N120 or 150 @ most.

Obeenah:


Bro that's way over wat u should pay. More like u work six months just to pay yr rent. Try getting a house for N120 or 150 @ most.

Bro you're so right. But I looked so hard but couldn't find. Unless I go out of town a bit where I'll spend the more on transportation.
Enugu is damn expensive. And majorly no water.

San2ski:
Mine is 40% per anum
And I've not collected even one yet
I earn 40k. But my rent is 240k. Chai

Chisos u must b staying in ABJ

To me u shld bring it down to bw 80 n 100k max

Obeenah:
From my experience and what I learnt studying a course in Mortgage Finance. You should never rent a home/Apartment above 20% of your annual income. Anything above that would put u under wat is termed housing stress.

Just learnt a lot from this.

Thanks.

ogawisdom:


Chisos u must b staying in ABJ

To me u shld bring it down to bw 80 n 100k max

It's 'ordinary' Enugu o
And the 240k is not in the highest-brow areas
And not in the'town' too.

San2ski:


It's 'ordinary' Enugu o
And the 240k is not in the highest-brow areas
And not in the'town' too.

Well beta think of moving down to emene or abakpa nike side bc dt rent on dt salary is unsustainable

ogawisdom:


Well beta think of moving down to emene or abakpa nike side bc dt rent on dt salary is unsustainable

I'm thinking of that but....


Bros how much to get to town from there to town?
And back?
And I hear say the places u mentioned are 'rough' mostly.

Meanwhile d'yu have an idea of the rent for a 1 or 2-bedroom flat?

San2ski:


Bro you're so right. But I looked so hard but couldn't find. Unless I go out of town a bit where I'll spend the more on transportation.
Enugu is damn expensive. And majorly no water.

That's the bad part of getting a house in Nigeria. You hardly find one with the necessary basic amenities thus increasing the overall cost in the end. Those with the amenities come @ a cut throat price. It is well bro.