For many people, housing is the biggest cost in their budget, and sharing expenses with a roommate can help save money. But, with housing costs varying widely nationwide, how much could you save by sharing a two-bedroom apartment with a roommate instead of renting a one-bedroom alone?
To answer this question, SmartAsset evaluated median apartment rents in 100 of the largest cities and ranked them by the dollar amount you would save if you rented a two-bedroom apartment with someone else, versus renting a one-bedroom apartment on your own.
To find the cities where a roommate saves you the most, SmartAsset examined data from 100 of the largest U.S. cities. We compared them across these two metrics:
Using this data, we measured how much a person could save in each city by choosing a shared two-bedroom apartment over a one-bedroom apartment by themselves. To do this, we compared the cost of a one-bedroom with half the cost of a two-bedroom for each city, assuming each roommate pays equal rent.
This story was produced by SmartAsset and reviewed and distributed by Stacker Media.