Most financial experts will tell you not to spend more than 30 percent of your income on rent. And while that’s the ideal ratio to live comfortably and still save for retirement, that goal is nearly impossible for many Americans. According to data released by the National Low Income Housing Coalition, depending on where you live in the United States, you’d need to make anywhere from $13.72 to $35.00 an hour at a full-time job to afford a two-bedroom apartment. As the report’s title “Out of Reach 2017” suggests, most Americans don’t make nearly that much.

Read more: http://tinyurl.com/ybd8e52a