The Salary You Need to Live Alone in Every Major U.S. City

published Aug 14, 2018
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(Image credit: Andy Dean)

Living in an exciting urban environment is a priority for a lot of people, but the prospect of swinging rent in a major city without the help of a roommate can be daunting. If you’re wondering what it takes to be able to afford to live alone in one of the top 20 populated cities in the United States, check out this list, which provides the yearly salary needed to afford the average rent for both a one-bedroom and a studio apartment in each city. The salary needed is calculated based upon the guideline that your gross annual income should be 40 times your monthly rent. Also, keep in mind that in most cities, on average, studios are more expensive than one-bedrooms since they tend to be placed in higher density areas.

New York, New York:

Average studio rent: $2,800; Salary needed: $112,000
Average one-bedroom rent: $2,450; Salary needed: $98,000

Los Angeles, California:

Average studio rent: $1,970; Salary needed: $78,800
Average one-bedroom rent: $2,390; Salary needed: $95,600

Chicago, Illinois

Average studio rent: $1,450; Salary needed: $58,000
Average one-bedroom rent: $1,630; Salary needed: $65,200

Houston, Texas

Average studio rent: $1,310; Salary needed: $52,400
Average one-bedroom rent: $1,550; Salary needed: $62,000

Philadelphia, Pennsylvania

Average studio rent: $1,600: Salary needed: $64,000
Average one-bedroom rent: $1,500; Salary needed: $60,000

Phoenix, Arizona

Average studio rent: $1,500; Salary needed: $60,000
Average one-bedroom rent: $1,160; Salary needed: $46,400

San Antonio, Texas

Average studio rent: $1,090; Salary needed: $43,600
Average one-bedroom rent: $1,000; Salary needed: $40,000

San Diego, California

Average studio rent: $1,850; Salary needed: $74,000
Average one-bedroom rent: $2,050; Salary needed: $82,000

Dallas, Texas

Average studio rent: $1,250; Salary needed: $50,000
Average one-bedroom rent: $1,360; Salary needed: $54,400

San Jose, California

Average studio rent: $3,500; Salary needed: $140,000
Average one-bedroom rent: $2,680; Salary needed: $107,200

Austin, Texas

Average studio rent: $1,750; Salary needed: $70,000
Average one-bedroom rent: $1,350; Salary needed: $54,000

Jacksonville, Florida

Average studio rent: $1,300; Salary needed: $52,000
Average one-bedroom rent: $1,140; Salary needed: $45,600

San Francisco, California

Average studio rent: $4,650; Salary needed: $186,000
Average one-bedroom rent: $3,640 Salary needed: $145,600

Indianapolis, Indiana

Average studio rent: No data available
Average one-bedroom rent: $850; Salary needed: $34,000

Columbus, Ohio

Average studio rent: $850; Salary needed: $34,000
Average one-bedroom rent: $920; Salary needed: $36,800

Fort Worth, Texas

Average studio rent: $1,280; Salary needed: $51,200
Average one-bedroom rent: $1,300; Salary needed: $52,000

Charlotte, North Carolina

Average studio rent: $1,320; Salary needed: $52,800
Average one-bedroom rent: $1,320; Salary needed: $52,800

Seattle, Washington

Average studio rent: $1,550; Salary needed: $62,000
Average one-bedroom rent: $2,050; Salary needed: $82,000

Denver, Colorado

Average studio rent: $1,460; Salary needed: $58,400
Average one-bedroom rent: $1,720; Salary needed: $68,000

El Paso, Texas

Average studio rent: $1,000; Salary needed: $40,000
Average one-bedroom rent: $730; Salary needed: $29,200

The average rent for a studio and one-bedroom in each city was taken from listing price data compiled by Zillow for June 2019.

Updated August 9, 2019—LS

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