In our day and time, it is very expensive to have your own apartment especially as a young single or a college student, so having a roommate helps you to cover your costs. So how do split rent with roomates so it’s fair?
First of all, before beginning to be roommates, you need to sit down and discuss the guidelines you’ll both observe and put them to paper. This might be items such as no loud music or movies after 10pm. You clean up after yourself in the kitchen. Or whatever else you need to agree on.
Consider the Costs
Then come the costs. You typically think of splitting costs in half equally; however, there are a few things you might want to consider. How much of a consumer are each of you? Do you have a laptop, a television, a radio, and an ipod that you are constantly using and your roommate only has a laptop? Or do you take long hot soaks and your roommate takes a quick shower in the morning. If one is consuming a larger portion, it may be more fair to look at usage level and split it based on that such as 60% to 40%. However, this would all need to be discussed and planned. Always put it in writing so that you both can go back to the facts and not get upset with each other over the agreed upon plan.
Talk About Food
And finally, food. If you have your own apartment, you will most likely be bringing in food items. Do you each buy your own food which is yours and yours alone thereby covering your personal cost? Or do you grocery shop together once a week and split the tab? Think through your eating habits and how you are going to work together.
The main key to having a roommate is having a clear plan and communicating about that plan, so that you can work together with clear expectations as well as cut both of your costs.