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Seems quite off for Seattle at least. They put housing costs for 1 adult 0 children at ~$18000, which last I checked barely covers rent for a studio, but no ot
by dmoy 3y ago
Seems quite off for Seattle at least. They put housing costs for 1 adult 0 children at ~$18000, which last I checked barely covers rent for a studio, but no other housing-related expenses (like... water/sewer/electric, which isn't cheap here either).
The childcare costs seem a little suspect too.
Still a cool idea.
- cratermoon 3y ago> barely covers rent for a studio Yes, that's "living", nothing more. A home. It even says in the technical documentation, "We assumed that a one adult family would rent a single occupancy unit (zero bedrooms) for an individual adult household" I can't account for your thoughts on utilities, the site says the housing includes them, but perhaps there's room to improve the data.
- dmoy 3y agoAs sibling commenter pointed out, typing "Seattle" doesn't yield results for Seattle, but rather the whole Seattle/Tacoma metro area, which includes several places that you can get a $1500 studio plus utilities in.
- cratermoon 3y agoAh yes, that can be deceptive. Maybe some people would want to live in Tacoma and commute to Seattle to work, or WFH.
- seizethecheese 3y agoFirst off, I see $38,817 not $18k. Where did you get that? Second, this is for the whole Seattle/Tacoma area. This isn’t living in central Seattle. Finally, I found it to be generous from my personal experience. My partner and I were able to live in Seattle for considerably less than $60k per year this gives for two people. We had a perfectly happy, frugal, life at around $36k.
- dmoy 3y agoThe results for 2 people definitely seemed more realistic (childcare notwithstanding)
- dmoy 3y ago> First off, I see $38,817 not $18k. Where did you get that? https://livingwage.mit.edu/metros/42660 https://livingwage.mit.edu/metros/42660 > Typical Expenses > > 1 Adult > > Housing > > $18,388 I'm talking about just the housing, it looks like the number you're talking about is total expenses. > Second, this is for the whole Seattle/Tacoma area. This isn’t living in central Seattle. Okay that makes more sense. You can definitely get studios for $1.5k with utilities in e.g. Renton or Kent.
- seizethecheese 3y agoThat clears it up. $1.5k is actually really high. The median rent according to Zillow, for just Seattle, is $2.3k and that’s all sizes of apartments. I’m suspicious of the claim here that this is minimal living costs, not closer to median cost.
- dmoy 3y agoIt looks like it's 40th percentile, which for the whole metro region, yea $1.5k for a studio makes sense even after you add in utilities. So much closer to median cost. $1.5k with $100-$200 of utilities, renters insurance, etc in Seattle proper gets a little more difficult to find. You could probably do it up north past greenwood, over in west seattle, or similar. If you know how to dodge the craigslist scams haha.
- seizethecheese 3y ago40th percentile: interesting! Thanks for digging that up. I guess ideologically I don’t think “living wage” corresponds to 40th percentile
- selectodude 3y ago
- jwestbury 3y agoI checked for Bellingham, which is where I most recently lived in WA -- where it suggests two adults could get by on less than $1000/mo. in rent. Quite unlikely. Ten years ago, my rent for a 400 sq. ft. studio apartment in Bellingham was $850/mo. It's more like $1200/mo now. And that's assuming it's reasonable to expect two adults to share 400 sq. ft.