What age / mthly salary required to move out. - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Cost of Living

Cost of Living How much do you spend on cars, healthcare, education, food, travel, luxury goods, insurance, etc?




What age / mthly salary required to move out.

Reply
 
Thread Tools
  #1 (permalink)  
Old 28-03-2022, 11:14 PM
Junior Member
 
Join Date: Nov 2021
Posts: 1
biccmoney is on a distinguished road
Default What age / mthly salary required to move out.

Currently staying with parents.
Looking to get a place of my own, but rent will take up more than 1/3 of my salary.

What age/ salary did you guys move out ?

Age: 24
TC : 48k

Reply With Quote
  #2 (permalink)  
Old 28-03-2022, 11:27 PM
Unregistered
Guest
 
Posts: n/a
Default

Married then move out. At 30.

If home isn't a good place to be then of course you'll have to move out early and help cover the monthly mortgage of those who bought investment properties (i.e. rent from them).

Reply With Quote
  #3 (permalink)  
Old 29-03-2022, 01:58 AM
Unregistered
Guest
 
Posts: n/a
Default

I’m not local and has been renting a place ever since I moved out of uni. Share some of my thoughts

Pros: can choose location, near to work can save you half an hour or even one hour of sleeping time, it is very impt when ur work requires frequent OT; freedom, get to sleep late and invite friends over (however do note that some landlord doesn’t allow visitors , or u have snek flat mates that report u whenever u bring guests over); also a good opportunity to live on your own, to be independent in every aspect of your life

Cons: expensive. If u work in CBD , I guess your salary at most can get you a small room and the whole flat is shared by a few tenants. Probably have to share a toilet and if u are unlucky ur hygiene and standard of living will drop quite a bit. Also, if u have a partner and is planning on marrriage , u should probably save that 1k rent per month for ur future home; one year 12K is a huge sum; also it can be rly troublesome when living alone , if ur parents always take care of groceries, laundry, food and house cleaning if u got maids at home , imagine doing all that yourself after 10 hour work

Reply With Quote
  #4 (permalink)  
Old 25-07-2023, 01:20 PM
Junior Member
 
Join Date: Jul 2023
Posts: 3
Cherie is on a distinguished road
Default

Moved out pretty early I would say. Probably about when I was 22? Rented a flat in Woodlands as the rent was pretty low at that time and I would say the travel to my university was not as far as it would have been from my parents who lived in Punggol.

After university, I worked full-time and continued renting till I was 27 and got married. Thereafter, we bought a house in Serangoon North which had fair rates at that time. Been living there since then.

Salary at 22y/o: 1.2k
Salary at 33y/o: 8.4k-9.3k
Reply With Quote
  #5 (permalink)  
Old 07-10-2023, 09:03 PM
Unregistered
Guest
 
Posts: n/a
Default

Rent these days is definitely way higher than past years of low interest rates.
If your relations with family is not too bad, suggest to stay until you find someone who can share the mortgage (not rental)....
Many people suffering from inflation across the board (food, transport, rental/ mortgage,etc).....count your blessings while you still can!
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Should I move on? remymartinVSOP Income and Jobs 28 03-03-2016 06:34 PM
should i stay or move on omezarn Income and Jobs 14 29-04-2013 09:44 PM
Urgent- Required JC2 History tutor - $50 to 80/hr Novena – High Salary! gratifytuitionagency Marketplace and Find Work 0 16-10-2012 11:25 PM
Required Maths, English and Tennis teacher- Good salary!-$20- 60/hr- Click here! gratifytuitionagency Marketplace and Find Work 0 04-09-2012 08:51 PM
should I stay or move on? tat Income and Jobs 3 17-04-2011 09:45 PM

» 30 Recent Threads
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
12,459 Replies, 4,468,408 Views
Compare civil service salary ( 1 2 3... Last Page)
16,063 Replies, 11,908,557 Views
Career as Teacher ( 1 2 3... Last Page)
9,756 Replies, 5,995,639 Views
Roles in accenture singapore ( 1 2 3... Last Page)
6,824 Replies, 2,082,187 Views
For those with 2-5 YOE, what is... ( 1 2 3... Last Page)
1,163 Replies, 414,284 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,125 Replies, 499,554 Views
Lawyer Salary ( 1 2 3... Last Page)
20,559 Replies, 9,701,723 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
5,873 Replies, 3,496,790 Views
Whats your net worth ( 1 2 3... Last Page)
2,942 Replies, 1,362,492 Views
Nparks ( 1 2 3)
26 Replies, 29,087 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
1,538 Replies, 1,193,597 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
541 Replies, 256,652 Views
What are BAND 5 positions -... ( 1 2 3)
26 Replies, 11,948 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
287 Replies, 330,871 Views
NTU (non-faculty) ( 1 2 3... Last Page)
150 Replies, 199,345 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,831 Replies, 1,178,887 Views
Work culture in IHiS ( 1 2 3... Last Page)
667 Replies, 477,341 Views
Standard Chartered International... ( 1 2 3... Last Page)
428 Replies, 235,341 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,702 Replies, 4,378,741 Views
How is life as a doctor in... ( 1 2 3... Last Page)
6,731 Replies, 3,094,201 Views
ST Electronics ( 1 2 3... Last Page)
3,514 Replies, 1,385,361 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
526 Replies, 309,220 Views
High Finance Thread ( 1 2 3... Last Page)
1,555 Replies, 594,015 Views
CSA (Cyber Security Agency) ( 1 2 3... Last Page)
773 Replies, 434,290 Views
Work in SMU
4 Replies, 308 Views
GIC (Government of Singapore... ( 1 2 3... Last Page)
398 Replies, 675,481 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,619 Replies, 929,239 Views
OCBC Graduate Talent Programme... ( 1 2 3... Last Page)
1,119 Replies, 588,024 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
723 Replies, 328,640 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,892 Replies, 2,788,722 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 02:43 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2023, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2