This estimate compares your entered monthly income with typical monthly costs for a single person in United States. Costs can vary significantly by city, neighborhood, and lifestyle choices. This analysis is for informational purposes only and should not be considered financial advice.

Financial Summary

Monthly Cost Breakdown

Key Factors

• •A savings rate of 17.3% provides a moderate financial buffer. You can build emergency savings over time and have some flexibility for unexpected expenses, though major discretionary spending should be planned carefully.
• •Housing costs represent 48.0% of your net income, which is significantly above recommended levels. This creates substantial financial pressure, leaving limited funds for other essential expenses, savings, and discretionary spending.
• •This income level creates significant financial challenges. Essential expenses consume a very large portion of your budget, leaving minimal or no room for savings, discretionary spending, or financial emergencies. Lifestyle adjustments or additional income sources may be necessary.