What is the cost of sharing a 2-bedroom apartment?

Question

As opposed to getting a 1-bedroom by yourself...

Answer 1

Typically 2 bedrooms are about 20% more then a similar 1 bedroom.. on average.

So figure a 1 bedrom is about 700 a month. A 2 bedroom in the same complex would be about 850. So instead of paying 700 you pay about 425. And you even pay less utitlies. the downside is that you sharing the space. And 2 bedrooms are never twice as big as 1 bedrooms. So in the end you are getting less space to yourself. Thats why its really advisable to make sure you know the person and like the person you are living with.

Answer 2

Half the cost of doing it all yourself I'd reckon!

Seriously though, in most markets the cost of a 2-bedroomed place is less than double the cost of a 1-bedroomed one so the cost of sharing will probably be less. On balance, you have the loss of privacy to deal with and if you get a bad roommate you'll wish you had taken the 1-bedroom place by yourself.

Answer 3

There are too many unknown variables to your question. It would depend on the cost of the 2 bedroom, utilities and household expenses you would be splitting. Compare that to the cost of the 1 bedroom, utilities and expenses you would be paying for by yourself. Subtract the larger amount from the smaller amount and that would be your projected savings. But you've got to gather the information on both apartments first.

Answer 4

living with someone else....could be good, could be bad. Spliting monetary costs is great! but make sure you set up a system of regulations for cleaning, company, food, laundry, and all that other fun stuff you foreget about when you think of all the money you could save by having a roomate. Also remember that a one bed apt. is more expensive than you living with someone in a 2 bed when you're splitting rent and utilities. Go for having a roomate! It can be a lot of fun and you lean a lot of life long lessons!

Answer 5

Well its half and half expense wise... however different apartments have different monthly payments. So you would have to figure out monthly payments, utilities, etc.

Good Luck!

Answer 6

Simple you share all expenses.