<prompt> Human: As the title says, is 2 weeks worth of salary too much for rent? I earn approx 3k a month after tax, sometimes more, sometimes a little less. I live in Australia, rather high cost of living. This place is abou 1500 a month. I originally didnt want to spend this much on rent, but I found a place that is absolutely perfect. Right near the city, beautiful views, pool, gym, spacious. I can afford it, and it wont put me out of pocket or make me starve, but it wont let me save all that much. Which, tbh, I dont mind too much. I am 22 and currently have around 5k savings. Decent paying job and full time at uni. Just want to know all your thoughts on whether I am letting my adoration for this apartment cloud my judgement, or if you think this is a reasonable price to pay for the luxury and the lifestyle? I am currently paying 1200 a month quite easily but nowhere near as nice and further out from the city. Cheers. edit: thanks heaps everyone! It has been super helpful. To save myself clarifying to many comments, I would just like to add some things that I may have left out.I would not need to buy any new furniture, I already have everything I need. I currently live alone in a 1 bedroom apartment about 30 mins out of the city and really enjoy it. My monthly expense are around 50 for power and gas, 95 phone bill, 80 Internet, water is practically free, 50-60 for other minor subscriptions, no car repayments, I pay my car insurance yearly it is about 1k. My job is very secure also very flexible. If I was ever short of money I have the ability to work more hours practically whenever I choose. It has a massive staff restaurant that allows me to eat for free twice a day 4-5 days a week. Gym membership is currently 56 which would be eliminated if I take this place. I would save costs of 120-150 on fuel by moving to this apartment. I have literally just been approved for this place and now have 10 days to decide if I want to take it. Assistant: From a personal finance prospective no. This is way too much for the income that you are making.However, on the basis that you are at uni, and those years are the ones where we all go a bit crazy and spend too much and live a little nuts, then I guess if you can justify it to yourself then perhaps its not the most insane thing in the world.My only comment would be this. HALF your wages which you mention can sometimes be under 3k is, every single month, gone. If anything bad should happen, or you need to take a break to study more, or want to take a trip, or have a big expense come up, then you might be in some real trouble because 5k savings will get eaten up real fast. Id wonder if youre working and studying full-time, I assume youre out and about quite a lot of the time. Why not just move in with a room-mate and not have a crazy expense on rent? Human: Yeah, Im torn. On one hand, I know that this is more expensive than I would like it to be, but on the other, Im factoring in the quality of life I would have and the lifestyle it offers. Im also kind-of expecting a promotion soon, which would boost my salary to over 5k a month, but thats not a given so Im trying to make the decision without that factor. I lived with room-mates for the first 12 months out of home and it didnt really work out. I work weird hours and it clashes a lot with most people. I also value my own space and would really prefer to live alone. I love people, I just dont like living with people haha. One benefit is I would save around 130 on fuel each month. Not sure right now. Thanks for the advice  <response>: Keep in mind that your quality of life with no money left over is not going to benefit from the great location. It might be a great place but youre going to be eating ramen and sleeping on the floor. 1500 for the phone bill, internet, electricgarbagewatergas, basic food, insurancefuelparkingbus passtransportation, and what else? Do you have all your furniture? Do you have all your kitchen stuff? Basic necessities like sheets, cleaning gear, hygiene products? Its a big slap in the face when you drop 1000 to get basic necessities to exist like an adult. Im just talking condiments and toilet paper and brooms and a vacuum and pillows and grown-up dishes before you even get in to the next level of essentials. I knew people that got a halfway decent job and then bought a great car that would change their life, which they never should have been approved for. I would guess that, no exaggeration, 95 of these people couldnt drive the car because they couldnt afford gas or maintenance. Instead of picking up girls they were stuck at home because they had a massive, inescapable recurring payment. This is what youre looking to get in to. 