How much does it cost to move out on your own?

Question

Money each week (paycheck) do I need to make to get bye and go to a Junior college (with financial aid)?

Answer 1

It depends.

If you have financial aid that covers a majority of schooling, then that is one worry less. If they are loans, then you will need to pay back a certain amount each month.

As for how much you need to get by, you need to consider the apartment rent, gas, electronic, and water. Furthermore, you need to incorporate food, clothing, entertainment, insurance, cable, telephone, and automobile maintenance and repair into the cost.

It would be a good idea to find a decent apartment that pays for at least water and perhaps more.

It depends on how much you will spend on an apartment though.

For instance, the apartment is $750 a month, water/gas/electric is approximately $150 a month (figuring you are conservative), food is probably $200 a month, insurance varies, personal items vary, and so forth.

I would shoot for at least $2000 bucks a month in order to get by (you won't have much to spare, but it is only to get "by" as you say).

Answer 2

Depends on what kind of place you get to rent and how much the utilities will run. Do some checking first and add up the costs to see what you would have to have coming in to see if you can afford it. You will have deposits for the place and for each of the utilities you have to get turned on, plus the money for what you use on each one. Check with the utility company and ask what the normal cost is for the place you plan on getting into to get a fair idea. Then figure out what you are going to be taking home from your job and your expenses for all other things you will be spending and you will have an idea of what you will need per month. Then divide that by 4 and you will have an idea of what your cost will be and if you can afford it. Don't forget to put some back for emergencies as there will be a time you will need it so make that cushion in there too.

Answer 3

It depends on your lifestyle and where you live. The optimum to have each week is $400-500. So you need a job that pays more than minimum wage. You can easily get a job at an airline (full or part time) for about $10 per hour or more. This is what I did, and I finally made it!!! Have you considered joining the National Guard? Look up the Air National Guard, its the best part time job in the world. It pays about $500 -1000 per month, plus you get school benefits and more.

If you are stuck at a minimum wage job, you can pay your rent and school stuff, but there wont be anything left for food and fun things, like going out with friends, and clothes.

Answer 4

i'm not effective the position you stay yet you may prefer to commence a spreadsheet or jot down all the costs. as an example those are month-to-month estimates: residence 500-800 Water 40-60 electrical energy 50-seventy 5 cell phones 50-one hundred fifty internet 40-eighty gas 50-one hundred food 350-500 Renters coverage 10-30 college aspects 20-50 health/Rx 10-50 relaxing 25-three hundred You get the point. make certain out your costs and then call some houses and locate out how a lot they employ for and what's protected. do you'll have a deposit and renters coverage? best of luck.... 16 is slightly to youthful for most. do not rush existence being youthful purely takes position once being old is often!

Answer 5

It depends on where you live. I f you live in a big city where rents are high and housing scarce, it will be expensive. If you live rurally, things can be less.

I suggest you do this, sit down with a piece of paper and look in the classifieds and see how much apartments are going for, write that down (if it is just you a studio or 1 bd.rim. is good), then figure out how much you eat per day, add that total to your list and multiply it by 30 days. Now add into that electricity, garbage, water, phone, laundry money, gas, etc., etc. Grand total is what?

Maybe staying put where you are and saving up some money (you should have at least 6 months income saved) will help you be better prepared to be out on your own.

Answer 6

You need to look around and see which kind of housing you can afford. Once you get a ballpark figure, you should at least multiply that number by three, plus an extra say.... $200 for moving expenses.

Here's why:

Many times landlords will require an initial rent payment of first month, last month, and a security deposit (often the same amount as the rent). So that's why you have to multiply it by three.

I put the $200 as a wild guess of how much it will cost to transport your belongings.

It always depends, but the rent issue is pretty standard.

Answer 7

Well when you move out you have to be able to pay the: rent, pg &e, cable, phone, garbage/water (if your complex doesn't offer those services), food, clothes, car payments and or insurance, and on top of that your classes and your textbooks. If you don't think you have enough money to move out on your own find a rommate.

Answer 8

rough estimate would be;
$1000 for rent
3-4 hundred for utilities
2-3 hundred for food
$150 for other stuff
this is all monthly

and add about another 300 if yo have a car

Answer 9

Maybe a ROOM-MATE(S) and share expenses.
That works for me. To get by the basics bread,eggs,hotdogs,bolony,beans,potatoes,milkroman noodles,buy bulk and be creative.

Answer 10

Rent
Utilities
Cell Phone
Car Payments
Gasoline
Food and Snacks
School books/supplies
Clothes
Leisure and Partying
Miscellaneous Costs
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Add them all up