Here's How Much Money Having A Roommate Saves You In San Francisco

While having a roommate in San Francisco is nothing new, many renters nationwide are now looking for roommates so they can afford the rising rents in California. That's why SmartAsset analyzed data to determine how much people will save having a roommate. They also ranked cities based on where living with a roommate saves you the most money in 2022.

To determine this, SmartAsset compared the average cost of a one-bedroom apartment to the average cost of splitting a two-bedroom apartment in 50 of the biggest U.S. cities.

According to the study, "Getting a roommate in San Francisco will save you an average of $867 per month. A one-bedroom rent costs $2,732 on average and a two-bedroom averages $3,731. The total savings adds up to $10,399 per year."

The city came in at No. 3 after Boston and New York. Here are the five cities where having a roommate saves you the most:

1. New York - $10,399 in savings per year
2. Boston - $11,800 in savings per year
3. San Francisco - $9,982 in savings per year
4. San Jose - $9,982 in savings per year
5. Oakland - $8,412 in savings per year

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