Shared accommodations are gaining popularity among millennials than ever before. It’s considered to be one of the most efficient means of living and saving money. The majority’s not wrong, sharing a home with roommates has many benefits. So if you’re wondering whether it’s a good idea, it definitely is and here are 5 reasons why millennials should choose to live with roommates.
1. Splitting bills, Saving money
Living with roommates is a great way of saving money and cutting down on your cost of living. Be it rent, electricity bills, cost of any decor or appliances, cost of groceries, everything that would otherwise turn out to be very expensive is now split. If you’ve lived alone, you know how even little things can add up to be a great cost to bear. Living with roommates means that you can have more while you individually pay less. This makes it a win-win situation and lets you spend while you save.
2. Bigger house, More space
Housing is the one factor that takes up most of our budgets and increases the cost of living. If you live individually you end up spending more for a comparatively smaller place. On the other hand, when you share a home with roommates, you split this cost of rent and can choose to live in a much more spacious place at the same price or even lesser. If you’re not comfortable sharing a room, you can always share a flat and still have your own room and personal space. So choose to live with roommates or flatmates as per your liking.
3. The perfect company in a new place
If it’s your first time in a city, it may get a little difficult getting to know and adjusting to the place alone. Having roommates gives you great company in a new place. If your roommate has stayed there longer, they will be able to guide you through and if your roommate is new to the place, you can discover the place with them. It’s always great to have someone to rely on, to complain to and to enjoy a new place with, and most roommates are the perfect company in a new city.
Managing an entire home by yourself can be exhausting, especially after a long day at work or college. This is when having roommates is a blessing, especially if y’all get along well. Cooking, cleaning, grocery shopping and other chores are no longer only your responsibility, you can share them with your roommate. Dividing the work as per preferences or having a rotational schedule makes managing a home so much easier. If you want to cut down even on this, you should check out co-living PGs like Zolo that provide meals and housekeeping services.
5. It’s an experience
Living with roommates is an experience in itself. You will live with a bunch of new people, most of whom will become an integral part of your life. Sometimes you may have a not so good experience with a roommate, but finding the one who matches your vibe feels great. It’s like an opportunity to live with your friends and share all your happy and sad moments with them. You also learn so much from every individual and learn to be more accommodating. If you’re lucky enough, you’ll find a roommate and wish you’d met them earlier!
So those were 5 reasons why sharing an accommodation with roommates is the best option for millennials. Apart from local PGs and rentals, coliving PGs are now gaining popularity because they provide fully furnished and fully managed homes (yes, including housekeeping and meals) at extremely affordable prices!
Wondering how to pick the right shared accommodation for yourself? Check out Coliving vs Rentals: What you need to know.