3 ms·

Is $1300/mo supposed to be high? I've seen parking spaces going for $600/mo where I live.

by rmah 5y ago

asdff 5y ago
IMO thats high for ohio with the wages seen, considering you can find studios at that rate or 1br for a few hundred more in the LA area.
- jeffbee 5y ago
  LA has by far the worst wages-to-rent ratio in the entire nation so I'm a bit skeptical of you claim here. Also note that the other post said a new apartment.
  - asdff 5y ago
    You are welcome to peruse craigslist and fact check my claim yourself. I do note the poster said new apartment, that poster was me. It is still surprising to me that for the money spent living in Columbus, you can live in LA. Even if the acommodations are a little bit older in the LA example, it's not like you are getting a multibedroom apartment for the price of a studio in LA or anything. Plus minimum wage is $15 in LA and $9.30 in Columbus and more skilled jobs go up from there accordingly (SWE in columbus make like 70-80k probably). Here's a studio clocking in under $1300 in LA in Koreatown, which would be very convenient if you worked in hollywood or downtown LA: https://losangeles.craigslist.org/lac/apa/d/los-angeles-studio-month-free-laundry/7436822683.html https://losangeles.craigslist.org/lac/apa/d/los-angeles-stud... Apartments.com says theres like hundreds of studios available at this price range across LA: https://www.apartments.com/los-angeles-ca/under-1300/ https://www.apartments.com/los-angeles-ca/under-1300/
  - mNovak 5y ago
    And in a very favorable neighborhood. You can get much cheaper rent in an "up and coming" neighborhood.
Woden501 5y ago
1 bedroom apartments go for closer to $700 or even as low as $400ish in Dayton just an hour and a half south of Columbus. Even here though housing prices are skyrocketing, so that won't be the case for long. Prices in Columbus are going to be absolutely ridiculous once this fab opens unless housing prices plummet for other reasons.
- Shocka1 5y ago
  Agreed on the skyrocketing prices. Local here - I live 15 minutes from where Intel is breaking ground and it's bittersweet to be honest. I make good money for this area as a Software Engineer, but it's not coastal money and I can see the writing on the wall. I grew up in this area and have watched the locals slowly get pushed out. It's somewhat sad, but what can you do? Single family homes have went up 40% in the last five years and I'm guessing it will only get worse. The theory is that Columbus is supposed to grow by one million people in the next five to ten years, so a tech hub in New Albany will only exaggerate this. All that being said, I have every intention on trying to work for Intel or at the tech hub itself, make my money/deal with it until retirement age, then get the heck out of here and find a place far far away where I can get something that looks and feels like this place once was.

Is $1300/mo supposed to be high? I've seen parking spaces going for $600/mo where I live.

by rmah 5y ago

Is $1300/mo supposed to be high? I've seen parking spaces going for $600/mo where I live.

IMO thats high for ohio with the wages seen, considering you can find studios at that rate or 1br for a few hundred more in the LA area.

jeffbee 5y ago
LA has by far the worst wages-to-rent ratio in the entire nation so I'm a bit skeptical of you claim here. Also note that the other post said a new apartment.
- asdff 5y ago
  You are welcome to peruse craigslist and fact check my claim yourself. I do note the poster said new apartment, that poster was me. It is still surprising to me that for the money spent living in Columbus, you can live in LA. Even if the acommodations are a little bit older in the LA example, it's not like you are getting a multibedroom apartment for the price of a studio in LA or anything. Plus minimum wage is $15 in LA and $9.30 in Columbus and more skilled jobs go up from there accordingly (SWE in columbus make like 70-80k probably). Here's a studio clocking in under $1300 in LA in Koreatown, which would be very convenient if you worked in hollywood or downtown LA: https://losangeles.craigslist.org/lac/apa/d/los-angeles-studio-month-free-laundry/7436822683.html https://losangeles.craigslist.org/lac/apa/d/los-angeles-stud... Apartments.com says theres like hundreds of studios available at this price range across LA: https://www.apartments.com/los-angeles-ca/under-1300/ https://www.apartments.com/los-angeles-ca/under-1300/
- mNovak 5y ago
  And in a very favorable neighborhood. You can get much cheaper rent in an "up and coming" neighborhood.

Woden501 5y ago

1 bedroom apartments go for closer to $700 or even as low as $400ish in Dayton just an hour and a half south of Columbus. Even here though housing prices are skyrocketing, so that won't be the case for long. Prices in Columbus are going to be absolutely ridiculous once this fab opens unless housing prices plummet for other reasons.

Shocka1 5y ago
Agreed on the skyrocketing prices. Local here - I live 15 minutes from where Intel is breaking ground and it's bittersweet to be honest. I make good money for this area as a Software Engineer, but it's not coastal money and I can see the writing on the wall. I grew up in this area and have watched the locals slowly get pushed out. It's somewhat sad, but what can you do? Single family homes have went up 40% in the last five years and I'm guessing it will only get worse. The theory is that Columbus is supposed to grow by one million people in the next five to ten years, so a tech hub in New Albany will only exaggerate this. All that being said, I have every intention on trying to work for Intel or at the tech hub itself, make my money/deal with it until retirement age, then get the heck out of here and find a place far far away where I can get something that looks and feels like this place once was.