I'm starting my residency in July, so I'm looking for housing, I found this wonderful townhouse which is a 5 minute walk from the hospital, my wife really likes it, she likes the privacy of the townhouse. the thing is, the rent is $1150, adding utilities this would mean spending $1300 just for housing. we'll be depending on my income only which is around $2200/month after deductions. would we be able to survive with the remaining $900? I have no school loans, no car payments & no credit card debts. I also have some savings which I'll use for furniture....etc. the other regular monthly expenses I can think of are around $300 ($150 car expenses (gas,insurance...etc) - $150 for cell phones,cable,internet) so after adding those $300 to the $1300 housing we are left with $600, can we survive with this kind of money?