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my gf and i are moving in together. how should we split rent? is 50-50 fair if i make wayyyy more than her? i mean i want to be fair. shes looking for a new job that should pay more. right now she makes like $1500 a month. we are targetting an apt more or less ~1400 max. so lets say we find a 1400 apt, would it be fair to make her use up half of her months pay just for rent?
we have been together 3.5 years. when we first moved in together, she paid more than me monthly cause i couldn't afford to. she drove everywhere cause i had no car. i guess i feel an obligation to return back to her the kindness she showed me when i was broke and jobless. but now that i am making a lot of money with my awesome programming job, i want to give back. but i want it to be fair. so any thoughts? would rent split be fair adjusted on what we make?
I've had this work well: add up what you both make, and figure out what percentage each of you brings to the table. Then use that to split the rent.
Example: you make $5k/month. She makes $2k/month. Total is $7k, with you bringin' in roughly 70% and her bringing in 30%. (This is rounded for ease in understanding, I know.) So you pay 70% of whatever the rent is, and she pays 30%. For a $1400 apartment it would be $980 you and $420 for her.
My bf and I split everything down the middle..., rent, groceries, utilities. The only thing we keep separeate is our own student loans, credit cards, etc. It keeps things simple and lessens the "You can pay for this, because I paid for that" tensions.
However, with that in mind, our salaries are comparable. I would suggest what InvincibleSummer said and calculate %.
According to me, you should make fair because your gf have not any job when she got the job than 50-50 is better.
After reading these posts, I'm making my wife sleep at her mothers for the rest of the work week
Community Leader,
DaBears
P.S. I hope you all are enjoying myFICO forums!
@DaBears wrote:After reading these posts, I'm making my wife sleep at her mothers for the rest of the work week
Community Leader,
DaBears
P.S. I hope you all are enjoying myFICO forums!
Shame on you. LOL.
My girlfriend and I have this planned out for when we do move, as she will be in college not working at all. She has a savings, and plans to use it to cover most of our rent for our two year stay out of state. I will be working to cover everything else. Food, utilities, car maintenance, medical costs, etc. Honestly, it works for me. It's a lot cheaper that way for me than living by myself, (rent paid, whoop!) and cheaper for her than living by herself (All she has to worry about is rent, nice!). So even if I didn't love her to death, it'd be a great set-up for us both, and we're both pretty happy with our plans.
Current: EQ FICO 0, TU FICO 0, EX FICO 0 | Starting Score: 0 (08/21/2013) Starting total revolving credit: $0 | Current total revolving credit: $1600.00 Inquiries (12 Months): EQ 3-4 TU Unsure EX Unsure | Most Recent: 8/19/2013 | Mechanically Sound Car | Fifth Third $300 U.S. Bank Harley Davidson $300 Capital One Platinum $500 2nd Capital One Platinum $500 |
50/50 is not fair. She didnt make you pay 50% when you couldnt pull your own weight.
@frankietown wrote:my gf and i are moving in together. how should we split rent? is 50-50 fair if i make wayyyy more than her? i mean i want to be fair. shes looking for a new job that should pay more. right now she makes like $1500 a month. we are targetting an apt more or less ~1400 max. so lets say we find a 1400 apt, would it be fair to make her use up half of her months pay just for rent?
we have been together 3.5 years. when we first moved in together, she paid more than me monthly cause i couldn't afford to. she drove everywhere cause i had no car. i guess i feel an obligation to return back to her the kindness she showed me when i was broke and jobless. but now that i am making a lot of money with my awesome programming job, i want to give back. but i want it to be fair. so any thoughts? would rent split be fair adjusted on what we make?
I think you answered your own question. Why wouldn't it be fair now when it was when you didn't work?
For your situation, I would definitely say scale the rent to income, especially since she contributed more when you weren't working.
Personally, my gf and I split out combined expenses (rent, utilities, food, entertainment, etc) 50:50, though that puts some strain on me since she has higher salary and much bigger bank account. But I guess I'm a traditionalist (or sexist ) in that I couldn't live it down if it felt like she was supporting me.