Question: Can You Live Off 1500 A Month?

Is $1000 a month enough to live on?

Whether you’re a college student, lost your job, have a lower-paying position, or simply need extra money, living on $1,000 a month is sometimes necessary.

Though I make more than that amount, most of my income goes towards savings and student loans.

It’s not always easy and sometimes I go over budget..

Where can I live for 1000 a month?

Guy who’s been to 135 countries shares 9 where you can live well for $1000 a monthBruce Northam is what you might call well-traveled. … Bolivia. … Fiji. … Grenada. … Laos. … Montenegro. … Nepal. … Nicaragua.More items…•Apr 6, 2017

Can you live off 500 a month?

It is impossible to live on $500 a month in the U.S. the way we are accustomed to living. Forget about renting a house or apartment. Even if you had a roommate in a 1-bedroom apartment, you’d each pay $385 on average. … You can finance that over 12 years at 5% interest, for a monthly payment of $135.

How can I live with very little money?

50 Ways to Live Better on Less MoneyGo with one car. Many families have two or more cars. … Go with a smaller car. Buy only enough car for your needs. … Go with a smaller house. … Rent rather than own. … Only buy bargain clothing (when you need clothes) … Wash clothes less. … Line-dry clothes. … Look for used first.More items…•Apr 22, 2017

Which state has the cheapest rent?

ArkansasArkansas Arkansas has the lowest housing costs in America, with the average residents spending about $708 a month on rent or mortgages, which is half of what many people pay, and the median home cost is $128,800.

What is the least expensive country to live in?

According to this data, Pakistan is the cheapest country to live in, with a cost of living index of 18.58. This is followed by Afghanistan (24.51), India (25.14), and Syria (25.31).

Is 6000 USD a good salary?

Secondly, you will have to earn a minimum salary of $ 6000/month so as to enable good and comfortable life in USA’s cost affordable cities. If your earning is in between 3000$ to 5000$ you can manage but very difficult to get appartment according to your need.

Where can you live on $1500 a month?

Best Cities to Retire on a Budget of $1,500 a MonthGrand Forks, N.D.Lynchburg, Va. … Lawton, Okla. … Cedar Rapids, Iowa. Total Monthly Expenditures: $1,441. … Lorain, Ohio. Total Monthly Expenditures: $1,442. … Lubbock, Texas. Total Monthly Expenditures: $1,456. … Davenport, Iowa. Total Monthly Expenditures: $1,472. … Casper, Wyo. Total Monthly Expenditures: $1,473. … More items…•Apr 12, 2019

Can you survive on 2000 a month?

Living on $2,000 a month is possible, and we were not the only ones to ever do it! Our budget isn’t nearly as tight now, but living with less taught us so much about how to live frugally and make the most of what we had.

How much money do you need to live comfortably UK 2020?

Research suggests that a couple in the UK need an annual combined income of £47,500 to have a retirement with few or no money worries, while a single person would need £33,000. This estimate assumes a lifestyle that includes: three weeks’ holiday in Europe (per year) food shops costing £56 per person per week.

How much per hour is 2000 a month?

If you look at an average month as 4 weeks, then you can estimate the average monthly earnings from $12.50 per hour to be $2,000 per month.

Is 1800 a month enough to live on?

Without a doubt, it would be quite comfortable to live while only spending $1,800 a month. My girlfriend and I spend an average of $1,500 a month for us combined, and we live very comfortably – in a high cost of living area.

Where can I live for $2000 per month?

10 Countries Where You Can Live Comfortably on $2,000/MonthPanama. Beautiful Caribbean beaches, charming mountain towns, a vibrant cultural capital city – what’s not to like about Panama? … Costa Rica. … Mexico. … Ecuador. … Malaysia. … Colombia. … Portugal. … Thailand.Apr 1, 2019

Can I live on 1300 a month?

Short answer: yes, you can afford to live in London on this budget.

Where can I retire on $3 000 a month?

15 Best Places to Retire on $3,000 a MonthKnoxville, Tennessee.Fort Smith, Arkansas.Alton, Illinois.Birmingham, Alabama.Memphis, Tennessee.San Marcos, Texas.Duluth, Georgia.Louisville, Kentucky.More items…

What state will pay you $10000 to move there?

That’s right, there are three spots in the United States—Tulsa, Oklahoma; Newton, Iowa; and the Shoals in Alabama—that are currently offering to pay people up to $10,000 to move to them. It’s ideal for remote workers looking to get away or those who want to find a new forever home!

What is the cheapest and safest country to live in?

Here are 10 of the cheapest countries to live and work this year, according to meaningful travelers like YOU.Vietnam. For those wanting to live and work in an exotic place, but not pay a fortune, Vietnam is any budget travelers dream. … Costa Rica. … Bulgaria. … Mexico. … South Africa. … China. … South Korea. … Thailand.More items…•Aug 21, 2020

How much money do you need to live per month?

But budgeting an average of $50 to $60 per month to power a one- or two-bedroom apartment should suffice. And many apartments come with garbage and water service included, so you may not have to worry about that….Monthly gross pay$2,917 ($35,000 divided by 12 months)NET INCOME$2,113 per month ($25,356 per year)5 more rows

Is $3000 a month good?

First of all, $3,000 per month puts you in a low income bracket. For a single person, you may do fine on $36k per year if you are low-maintenance. However, families of two or more people tend to struggle with keeping expenses low. At $36k, you’re only $6k away from being considered middle class.

How much money do I need to invest to make $2000 a month?

To cover each month of the year, you need to buy at least 3 different stocks. If each payment is $2000, you’ll need to invest in enough shares to earn $8,000 per year from each company. To estimate how you’ll need to invest per stock, divide $8,000 by 3%, which results in a holding value of $266,667.

How much is 2000 a month?

Converting $24,000 a year in another time unitConversionUnitMonthly salary$24,000 a year is $2,000 per monthBiweekly salary$24,000 a year is $923 per 2 weeksWeekly salary$24,000 a year is $462 per weekDaily salary$24,000 a year is $92.31 per day1 more row