How to Split Rent Fairly When Roommates Have Different Incomes
Ayush Raj
Outlay Team
The Income Inequality Dilemma
Living with roommates is a great way to save money, but what happens when one roommate makes ₹2,00,000 a month and the other makes ₹50,000? Splitting everything 50/50 can quickly lead to resentment.
1. The 50/50 Split
This works best when everyone makes roughly the same amount of money and has the same size room.
2. The Income-Based Split (The Equitable Way)
This is becoming increasingly popular. You add up the total household income, figure out what percentage each person contributes, and split the rent by those percentages.
How Outlay Helps
Outlay's custom percentage split feature was built exactly for this. Set a default 60/40 split with your roommate, and when the electricity bill comes in, Outlay calculates it instantly.
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