Move closer to work vs. save some money

Housing

I make $74,000 a year and need a bit of help.

I can move closer to work (15 min commute) and pay around $2,000-2,100 per month on rent, utilities, parking, etc. combined.

Or I can move somewhere that makes my commute about 30 minutes and pay around $1,800 per month all in with more space.

Is the $200-400 premium worth moving closer to work? I’m contributing a lot to 401k already and I want to start putting more away in my HYSA as well.

I know the 30% rule for living expenses would allow me to spend around $1,850 a month, but I’m not sure if it’s smart to be flexible on this to cut down on my commute…

I’d love some insight/help. Thanks!

Posted Apr 15, 2025, 7:25 PM UTC

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