it depends on where you live, New York city, California are two expensive palces to live, other places are not. If you have a decent job you can make it, if you flip bugers you better move in with other people, you still can move away from your parents
2006-08-08 10:31:30
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answer #1
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answered by Tim 3
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Yes it is. You will want to save some money first. You will need a lot of deposits in the beginning. (Security deposits, 1st months rent, Electric/Gas Deposit, Phone Deposit...etc.). You will also need to purchase all the things you do not have to start, like furniture, dishes, cleaning supplies, groceries, and toiletries.
First, you will need to make sure you have a job that can handle the rent and bills. Your rent should not be more then half of your monthly income! If it is you need a new job or a less expensive living space.
My suggestions:
Start putting back money and save as much as you can. In the meantime, visit yard sales, consignment shops, thrift stores and begin collecting items to furnish your new apartment. Go to the store and purchase non-perishables like cleaning supplies, canned goods, toiletries, dishes, etc. That way all of that will be paid for and ready to go. After you have those things, buy 1 gift card to a grocery store, gas station, and department store of at least $20 to have just in case you are in a bind later.
Once you have everything and at least enough to cover all your deposits and 2 months rent saved up, go apartment hunting. Take your time picking one out. Do not get an apartment that is bigger or grander then you need! You can always move later.
Call all of the electrical/phone/cable/utility companies and ask how and how much each deposit and bill will be. The apartment complex can tell you an average price for utilities.
Once you have the info sit down and add all of it up. Compare it to your monthly income. See if you can swing it. Again, your rent alone should not be more then half your income!! I cannot stress that enough. Do not forget to add in groceries, gas, insurance, car payments, laundry costs, etc. Always leave yourself at least $100 pocket money a month. This will cover any surprises.
If you cannot pay all the average bills and have $100 left over you are NOT ready to move out. Save more money or get a better job.
If you can do it without a roommate even better, those are never fun, even if they are a friend.
Good Luck, and have fun!
2006-08-08 10:44:07
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answer #2
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answered by charice266 5
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Yes it is very expensive - I know that at 18 you probably want to be on your own and have your freedom - most everyone feels that way at some time but trust me you will have so much MORE freedom if you extend your education. I know that I sound like a really "OLD" person but I have been there and I know what I am talking about. Whether you learn a trade or go to a university you can't go wrong by getting advanced education and you may need some family support to help you do that.
2006-08-08 11:24:35
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answer #3
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answered by sydney 3
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Yes, it's quite expensive. Living alone brings a whole new set of problems and responsabilities to face, ones that before your parents would have taken care of, the apartment rent, the bills, and the groceries are few examples. If you have many problems of your own already and do not have the personality and good economical means to start such a project, wait sometime. Not only it might bring more prosperity in your life, but it can even make you more mature. However, you can always try to live independently.
2006-08-08 10:34:27
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answer #4
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answered by Anonymous
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Not really. If you have a decent job, you should do fine. Just make sure that the housing that you're looking at takes up NO MORE THAN 25% of your monthly income. My daughter and I can live on $50 of groceries every two weeks (making sure to buy most things on sale), I spend about $120 a month on gas, about $400 a month on housing and another $250 on general bills. What's left-over is money to play with. If you don't even have a child, you should be good to go. Check with friends and relatives in the area to get a general idea of the cost of utility bills and check the paper for apartment pricing. Figure out your income on a monthly basis, and see if it all works out.
2006-08-08 10:31:38
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answer #5
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answered by gilgamesh 6
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well lets brake the cost down were i live a 2 bedroom apartment runs between 5-6 hundred a1 bedroom is 4-5 hundred that just rent then their is utilities gas,electric,water and trash is about 1hundred dollars each month electric is about 1-150 each month trash and water are together and that's another 100 then your food that's another 100 or more then their is furnishings for the house that going to cost any-were from 2-5 grand or you can get it used and get it all for 500 or less then i forgot deposits on everything figure another 350-600 just to get in your own place is going to cost 1,200 then you can figure the rest but it cost allot
2006-08-08 10:45:34
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answer #6
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answered by steamroller98439 6
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YES! YES! YES!
I moved out when I was 17, worked really hard to do it on my own, but I don't regret it. But I know that two of my best friends moved out at about 20, and they are REALLY struggling. They live in a rental house and only pay $250/month each for rent. Beat that deal! And yet it's still really hard for them. There are SO many expenses you just don't think about when you're financing. If you're wanting to live somewhat modestly, you still need to prepare for about 2.5X your rent, or at least, and I mean AT LEAST $1300/month. This is for a middle-class apartment, electric, water, gas/transportation money, food, toiletries, a modest cell phone plan, and a little spending money, but not including any car payments, more expensive auto insurance, medical/health insurance, eating-out money, cable, internet, day-care, home phone, gas (depending on apartment/house), oil changes or other auto expenses, shopping money for clothes or fun stuff, and so many other things.
Like I said, I dodn't regret moving out because I really needed it. So if you're in a situation that you need out, then just be prepared and sit down and think about ALL the bills you might have, and consider roommates. But I warn you: roommates are not for everyone.
Bottom line, I tell all my friends who are thinking about it: If you're completely miserable and there are just too many reasons for you not to be at home, such as abuse (in any form), then try it. But if you are just wanting independence or freedom and are at least content at home, then stay there until you are more ready to leave.... And don't burn any bridges if you can help it.
2006-08-08 10:44:56
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answer #7
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answered by Julianne97 1
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Don't trust answers here. Do the research and price it out.
You can get an efficency appartment fairly inexpencive but location may not be great. Then you also have to pay for your utilities gas, electric, water, cable (optional), phone. Then you also have to pay for thinks like food, drink, cleaning supplies. You will need to budget money for Laundry. Money for Transportation.
List out everything that you will have to pay for on a monthly bases then go do the research on how much it will cost for the area you live in.
2006-08-08 10:32:52
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answer #8
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answered by John 6
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YESSSSSSSS! Unless you have an inheritance, or a very high paying job. You probably won't be successful in that endeavor. However if you get yourself a decent paying job and a roommate or two, you should be able to manage the cost of living fairly well, providing that these roommates all have jobs as well, are drug free, and responsible. Good luck.
2006-08-08 11:34:10
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answer #9
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answered by jusb4dawn 3
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ANYTHING CAN BE EXPENSIVE, DEPENDING ON THE LIFE STYLE YOU CHOOSE TO LIVE. STARTING OUT FOR THE FIRST TIME, YOU SHOULD START SMALL. FIRST, LIVE AT HOME A LITTLE LONGER AND SAVE FOR THE MOVE BUT MAKE SURE YOU SAVE ENOUGH TO LAST FOR AT LEAST 6 MONTHS AFTER YOU MOVE. I HOPE YOU ALREADY HAVE A JOB.YOU MUST ALSO HAVE YOUR PRIORITIES IN ORDER. LIVING ON YOUR OWN IS NOT A PARTY. THIS IS A SERIOUS MOVE TO MAKE SO BE SURE THIS WHAT YOU REALLY WANT TO DO. IT IS BETTER TO WAIT AND SURVIVE THAT IT IS TO MOVE TOO SOON AND HAVE TO GO BACK HOME TO MOM AND DAD. POLLYREL
2006-08-08 10:52:48
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answer #10
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answered by pollyrel 1
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