Living by yourself has its advantages but in larger cities, it’s almost impossible to do. Living expenses are so high that they must be split among two or more people for it to work. That’s why you’ll find so many people living with roommates in major cities. It’s the only way to financially justify expenses such as rent and transportation costs.
The benefits of having a roommate include:
- Shared rent and utility costs. You’ll have more money to spend because you’ll be responsible for fewer expenses on your own. When you live with a roommate or roommates, the cost of rent and utilities is divided by the number of people sharing a place. That means that you potentially are responsible for half or 1/3 of the bills that you would be paying for completely.
- Someone to help you with household chores and projects. It’s nice to have a helping hand to pitch in and help you when you need it most. Like expenses, chores are split among roommates to make them less grueling. If you have a project that you’re working on and it requires an extra set of hands, you’ll find them on your roommate who will be ready to assist you at a moment’s notice.
- Shared furnishings. You won’t blow your household budget on furniture and décor because collectively, you’ll take care of everything you need between roommates. You’ll pool your resources together to make sure your needs are being met.
Having a roommate has its benefits. In addition to providing you with round-the-clock companionship, they make your home feel more secure, help with household chores and living expenses, provide resources that you can share, and often become one of your very best friends. When considering whether a roommate is right for you, think of all the advantages of sharing a home with someone, and let that guide your decision to share a space with another person or not.