Month Expenses
There are many factors to consider before I can give you an estimate on monthly expenses. Some of the factors to think about are:
- Do you want to stay in your own room or share a room with someone
- Will you be staying in the heart of the city (Boston, Georgia, etc.) or will be staying in suburbs. It will always be expensive to stay in a metro city
- Cooking at home or eating out daily
Monthly expenses can be categorized as follows:
- Rent
- Cable
- Internet
- Cellphone
- Food – grocery, restaurants, cafeteria
- Laundry
- Car (if you do get one)
- Electricity
Here is an estimate of expenses based on renting an apartment in a suburb of Boston city and sharing a room with someone in a 1 bedroom apartment:
Rent: $1100 to $1300 (including heat and hot water)
Cable/Internet: $100
Cellphone: $40
Electricity: $60
Laundry: $20
Food: $200
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