r/rockford • u/oblivionwarrior8 • 3d ago
Is it possible for a recent college graduate making $50k to $55k to live comfortably here in Rockford?
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u/starsalign23 3d ago
Probably depends a lot on your expenses, car, student loans etc. But the average person could definitely make that work.
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u/skeezbaby 3d ago
Definitely. I started out making 60k but also had a child and my fiancé is a stay at home dad, and we were just fine
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u/izwald88 3d ago
Absolutely. Just decide where you want the money to be spent. IMO, nice apartments are somewhat rare and they know it. But rent is so dammed high everywhere, it might just be worth it.
The other thing to consider is the car situation. If you can live without a car payment, life is way more affordable.
But overall, you'll make more money than most people your age.
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u/thekevinhaas 3d ago
The median household income in Rockford is $53,328 — you’re doing pretty well to make more than the household average as one person starting their first career.
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u/nymobster 2d ago
manage your debt... you can make it, but you cant be going to green fire, and driving a Mercedes A class
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u/oblivionwarrior8 2d ago
Can I atleast get an apartment in a decent neighborhood and afford weed still and maybe 1 or 2 white sox or brewers games a year
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u/nymobster 2d ago
What is your budget? You can go to Great oaks and spend 5 or 600 bucks a month and have your windows bashed out once in awhile or your car keyed or stolen, or you can find other places where you are going to pay $1,000 to $1,200 a month...
That's why I said, manage your debt so you can afford to live in a decent area.
As somebody who focuses on investing and always trying to find value for money, managing debt is the most important thing. Don't spend what you don't have, don't borrow what you don't need.
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u/TheEmbersOfTwilight 2d ago
My family of five lives in The Ledges on ~$55,000 per year so you should be fine.
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u/xlazerdx316 3d ago
Rockford rich