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Living on your own costs over $33,000 per year according to this budget breakdown. Rent or mortgage at $1,200 per month is the largest expense, accounting for 43% of the budget. Transportation costs including a $300 car payment, $100 in insurance, and $40 in gas add up to 11% of expenses. Utilities, food, health insurance, and other necessities make up the remaining costs of independent living.
Living on your own costs over $33,000 per year according to this budget breakdown. Rent or mortgage at $1,200 per month is the largest expense, accounting for 43% of the budget. Transportation costs including a $300 car payment, $100 in insurance, and $40 in gas add up to 11% of expenses. Utilities, food, health insurance, and other necessities make up the remaining costs of independent living.
Living on your own costs over $33,000 per year according to this budget breakdown. Rent or mortgage at $1,200 per month is the largest expense, accounting for 43% of the budget. Transportation costs including a $300 car payment, $100 in insurance, and $40 in gas add up to 11% of expenses. Utilities, food, health insurance, and other necessities make up the remaining costs of independent living.