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i need help in my economy class and we're studing cost, anyway i need to know the average cost for a family of 4 to rent a small apartmemt and how much everything is going cost:
House/rent:
gas/electric/water:
car/insurance/gas:
food:
needs:

2007-05-28 15:05:42 · 2 answers · asked by macdacat147 2 in Business & Finance Renting & Real Estate

2 answers

That depends on where you are - the cost of a small apartment might be a few hundred dollars a month in the midwest, over $1000 a month on either coast.

Look in your local newspaper want ads to get an idea for your area.

As to utilities, ask your parents - they can probably give you a good idea what they pay. Utilities also vary a lot by area.

Car/insurance/gas - there are cars that can be bought (used) for maybe $1000, or cars that cost $50,000 or much more. Insurance varies a lot, depending on the car, the area, and your age and driving record - figure at least $500 a year though, and that's minimal, with a not-very-expensive car, age 25 or over, and a good driving record - $1000 or more a year is more realistic especially if you're under 25. Gas cost depends of course on how much you drive and what kind of vehicle you are driving.

2007-05-28 15:13:39 · answer #1 · answered by Judy 7 · 0 0

You need to specify where. Cost of living varies wildly throughout regions of the country.

2007-05-28 22:13:49 · answer #2 · answered by Anonymous · 0 0

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