HOME & LIVING
10/26/2015 12:59 pm ET

Here's How Much Money You Can Save By Living With A Roommate

They can save you major bucks every month.

It can be depressing as hell to look at skyrocketing rent in cities such as San Francisco, where the average rent for a one-bedroom apartment is $3,530, or Manhattan, where it's $2,901.

Whether you love living with roommates or hate it, chances are that if you live in cities like those, it's mandatory -- but there's a silver lining in the results of a new survey put out by the financial advice site SmartAsset that shows that living with a roommate is a super frugal, very wise way to live your life.

Courtesy SmartAsset

By analyzing data from myapartmentmap.com, SmartAsset looked at the average rent for one- and two-bedroom apartments in the 50 largest U.S. cities and ranked those where it cost the most to live.

Assuming rent is split equally, they divided the average two-bedroom rent by two and compared it with the average rent for a one bedroom in each of the cities.

We're happy to report that living with a roommate can save you as much as $1,000 in San Francisco, which ranked at the top of the expensive-city list (having a roommate in Manhattan can save you $942).

It makes that guy who never takes out the trash look a little better, right? Just a little?

Check out the full ranking below:

Courtesy SmartAsset

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