Having A Roommate In These California Cities Will Save Big Money

In the quest to stretch our dollars further, especially in the golden but pricey state of California, sharing a living space has become a savvy financial strategy. A recent analysis highlighted by Stacker reveals how much you could pocket by opting for a roommate in some of the nation's most expensive locales, particularly within California.

How old is too old for a roommate? Can a married couple have a roommate?

San Francisco and San Diego, two cities known for their breathtaking coastlines, innovative tech scenes, and, unfortunately, sky-high rents, are at the forefront of this saving scheme. The numbers speak volumes: In San Francisco, choosing to live with a roommate in a two-bedroom apartment can lead to savings of a whopping $975 per month. This calculation is based on the median rent for a one-bedroom apartment sitting at $2,900 versus $3,850 for a two-bedroom. Down the coast in San Diego, the savings are equally enticing, with individuals saving around $765 per month by splitting a $3,130 bill for a two-bedroom abode.

While these figures are specific to San Francisco and San Diego, they shed light on a broader trend evident across California, the potential to significantly reduce living expenses through shared housing. 

See the breakdown below, which includes additional California cities.

Opting for a roommate isn't just about cutting costs; it's also about making life in high-demand cities more manageable and enjoyable. Beyond the financial benefits, sharing your living space can offer companionship and the opportunity to split other expenses, further alleviating the financial strain.