Monday, October 26, 2015

Here's How Much Money You Can Save By Living With A Roommate

It can be depressing as hell to look at skyrocketing rent in cities such as San Francisco, where the average rent for a one-bedroom apartment is $3,530, or Manhattan, where it's $2,901.


Whether you love living with roommates or hate it, chances are that if you live in cities like those, it's mandatory -- but there's a silver lining in the results of a new survey put out by the financial advice site SmartAsset that shows that living with a roommate is a super frugal, very wise way to live your life.



By analyzing data from myapartmentmap.com, SmartAsset looked at the average rent for one- and two-bedroom apartments in the 50 largest U.S. cities and ranked those where it cost the most to live.


Assuming rent is split equally, they divided the average two-bedroom rent by two and compared it with the average rent for a one bedroom in each of the cities.


We're happy to report that living with a roommate can save you as much as $1,000 in San Francisco, which ranked at the top of the expensive-city list (having a roommate in Manhattan can save you $942).


It makes that guy who never takes out the trash look a little better, right? Just a little?


Check out the full ranking below:



Also on HuffPost:




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