Updated: April 1, 2016

Apartment Penny-Pinching

After one or two years of living in the dorms, most students decide that it’s time to move on. The idea of sharing one room and dealing with a cocky floor RA gets old quickly. Surprisingly, you can save hundreds by moving out. You don’t even have to live off of ramen and powdered milk to do it. The average college dorm will cost each person $690 a month while the average 2 bedroom apartment will cost $403. For a 3 bedroom apartment, the average drops to $375. This price takes into account rent, utilities, and a basic cable/internet package. Oh yes, and a separate room for each person. Here are some money-saving tips that will help you make the most out of your move.

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Any money that you can save as a student will make your post-graduate years that much easier. My professor gave me a piece of advice that still seems to apply. "You can live like a student now or live like a student later."