Moving Out & the Cost of Independence
Living on your own is an essential part of growing up, but it comes with a price and independence isn't cheap. If you're thinking of moving out, here are some costs to consider. This isn't intended to scare you, but rather prepare you for the budget realities you'll face. Housing One of the biggest monthly expenses is your rent or mortgage payment. The average one-bedroom apartment in downtown U.S. cities can range from $600 to over $3,500, depending on where you live. Some places also require security deposits, as well as first & last months' rent. Plus, if it's unfurnished,…




