The Cost or Benefit of a Roommate

September 5th, 2007

I’m getting a fair number of people checking out Buy vs Rent and the accompanying spreadsheet (thanks to a couple of you that have pointed out errors). At the same time, Trent over at The Simple Dollar is talking about the value of having a roommate, which I have a cell for in the spreadsheet.

I think he makes a really good point about the importance of not letting financial aspects dictate your life, especially if you are looking to make a stress-reducing choice but are concerned about the financial implications.

If you are young and looking to buy a house, a roommate can really reduce your costs. But they can also add a lot of stress and headache, even if you don’t own the house you are living in with them.

-zot

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