Renting

Can I Afford to Move Out?

See if your take-home pay covers rent, your other expenses, and savings — and how much you'd have left over each month.

Estimate only — not advice. This tool provides a simplified, general estimate for educational purposes. It is not financial, tax, or legal advice, and it is not affiliated with the IRS, the Social Security Administration, or any lender. See our full disclaimer for what this calculator does and doesn't account for.

What this estimate assumes

"Take-home pay" means net income — after taxes and any paycheck deductions like 401(k) contributions, not your gross salary.
Everything you enter is added up and subtracted from your take-home pay to find what's left over: rent, new-place costs, your other existing expenses, and the savings amount you'd like to keep contributing.
As a rough guideline, keeping rent at or below 30% of your take-home pay leaves more room for the unexpected. Because that's 30% of net income rather than gross, it's a somewhat more conservative bar than the "30% of gross income" rule you may have heard — real budgets and comfort levels vary a lot by person and city.
This doesn't account for a security deposit or move-in costs, income taxes changing, or expenses that might change once you move (e.g., a longer commute) — build those into the numbers you enter where you can.