• Posts
  • RSS
  • ◂◂RSS
  • Contact

  • How Much Cheaper is Group Housing?

    July 16th, 2014
    housing, money  [html]
    One of the standard pieces of advice for how to live more cheaply is to live with other people. This tends to save money in many ways, from more communal food to making socializing at home more fun so you're less likely to go somewhere you have to pay, but the biggest savings are from the more efficient use of space. A one bedroom apartment probably has a kitchen, living room, bathroom, and one bedroom. A four bedroom apartment has a kitchen, living room, bathroom, and four bedrooms. Being able to avoid those three extra copies of each non-bedroom means the four bedroom apartment can be smaller without feeling much smaller.

    How much does this save? I took the 2014-06-18 data that backs my apartment price map and computed the average cost per bedroom for each number of bedrooms:

    studio: $1,426 (n=1531)
    1br: $2,058 (n=2441)
    2br: $1,272 (n=2560)
    3br: $977 (n=1546)
    4br: $866 (n=685)
    5br: $806 (n=200)

    Perhaps apartments with more bedrooms tend to be in cheaper areas, though? I made six maps, with markers for all the apartments of that size:


    studio


    1br


    2br


    3br


    4br


    5br

    It does look like living in a one bedroom is about twice as expensive than sharing a larger apartment, at least in Boston.

    (These numbers all assume one person per bedroom. If you share a room with someone else then they're cut in half. Though a 4br or 5br is probably not going to work if filled with couples unless it has more than one bathroom.)

    Comment via: google plus, facebook

    Recent posts on blogs I like:

    Best Practices Civil Service

    I propose that transportation agencies hire people whose job is to keep abreast of global developments in the field and report on best practices. Which agencies should do it? Ideally, all urban ones. Very small ones should piggyback on large ones, or part…

    via Pedestrian Observations June 14, 2021

    Collections: The Queen’s Latin or Who Were the Romans? Part I: Beginnings and Legends

    Who were the Romans? How did they understand themselves as a people and ‘Roman’ as an identity? And what were the implications of that understanding – and perhaps more importantly the underlying reality – for Roman society and the success of the Roman Emp…

    via A Collection of Unmitigated Pedantry June 11, 2021

    It's ok to feed stray cats

    Before we had kids, Jeff and I fostered a couple of cats. One had feline AIDS and was very skinny. Despite our frugal grocery budget of the time, I put olive oil on her food, determined to get her healthier. I knew that stray cats were not a top global pr…

    via Giving Gladly May 15, 2021

    more     (via openring)


  • Posts
  • RSS
  • ◂◂RSS
  • Contact