How shared accommodation reduces expenses in PG hostels

Obviously, shared accommodation costs way less than single room accommodation. No doubt about that. But it’s not just the rent that helps your monthly budget. Having a roommate – or more precisely, a good roommate – is prolly the best way to cut down your daily expenses too.

And don’t worry, we’re not gonna leave with just that. At Stanza Living, with our experience of managing 450+ co-living spaces across the country, we can paint a good picture of how to save money in hostel life. Thanks to our time hanging out with 70,000+ young folks like you. Now, without further ado, let’s read on to find out the ways a shared hostel costs less than single room accommodations.

So how does shared accommodation reduce expenses in PG life?

Here are the ways a shared PG costs less than a single room PG:

• Same amenities at lesser rent
• Shared utilities
• Other perks of having a roomie

Same amenities at lesser rent

First things first, once you move to a shared room, your rent gets divided. So except the extra space and privacy, you get the same of everything else that you’d get in a single room. Including food, housekeeping, and etcetera, etcetera. So whenever you come across a good PG but can’t seem to afford the rent, it’s always better to go for the shared rooms. Instead of settling for a below-average PG even if it’s a single room.

Shared utilities

As your rent goes down, so does your utility costs such as electricity. At least, by a small fraction. Plus, imagine all the other things. Like, if you need a coffee maker and your roomie needs it too, then you can both chip in and order one. So think about it.

Other perks of having a roomie

As we mentioned earlier, having a roomie can do a lot for your monthly savings. For example, you can travel together and save money on daily commutes too. And on top of that, when you’re craving snacks during odd hours like after midnight, ordering for two costs a bit less than ordering for one. So there’s those kinda money-saving perks as well.

FAQs on PG hostels

Q. What are the ways in which shared accommodation can reduce expenses in PG life?

A. Here are the ways shared accommodation can reduce expenses:

• Same amenities at lesser rent
• Shared utilities
• Other perks of having a roomie

Q. Which are the Ways to Save Money While Living in a PG?

A. Here are the ways to save money while living in a PG:

• Track expenses using money-saving apps
• Cut down on food bills
• Find a commuting partner
• Look for free entertainment

Q. What Are Some Ways to Save Money with a Roommate Together?

A. If you and your roomie are on the same page, it reduces expenses in hostels using the following ways:

• Shop for the whole month
• Order Less, Cook more
• Plan your commutes together
• Share stuff with each other
• Keep a coin jar at home

Q. How do I find the Best PG Near Me?

A. If Googling ‘best hostel near me’ doesn’t fetch you any helpful rental listings, you can try these ways:

• Look towards co-living spaces
• Ask friends and spread the word around on social media
• Hire a broker

Q. What Makes a Locality Good for Living in a PG?

A. First things first, the locality should be close to your college or workplace. Plus, there should ideally be grocery markets, pharmacies, and plenty of greenery near PG hostels too.

Q. What Lessons Does One Learn While Living with Roommates?

A. Well, these are the lessons you can learn while living with roommates:

• Adjusting
• Responsibility
• Communication
• Money management
• Sharing is caring
• Alone time is important
• Setting boundaries