Is rent really supposed to eat up 50% of my income?

Posted by CorkTownGuy_165963 • October 18, 2026 • 4 comments

I just graduated and scored a $60k job, but I'm feeling overwhelmed. With rent prices around $2,400/month, I’m staring down a situation where over 40% of my income goes to housing. The 30% rule feels unrealistic in Toronto—how do I make this work without being broke every month?