this post was submitted on 18 Feb 2025
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[–] stupidcasey@lemmy.world 20 points 2 days ago* (last edited 2 days ago) (2 children)

Rent: $1,500

Electric: $150

Internet: $100

Gas: $160

Food: $400

Phone: $60

Insurance: $166(per month over 6 months)

Total: $84 a day.

[–] Agent641@lemmy.world 2 points 2 days ago* (last edited 2 days ago) (2 children)

Hundred bucks a week for food? For 1 person?

[–] stupidcasey@lemmy.world 25 points 2 days ago

That's only $14 a day, I think that's fair.

[–] eronth@lemmy.world 4 points 2 days ago

Depends a bit, but yes? My weekly groceries is like $150+ (closer to $170 or so most weeks) for two of us, and that's living in a pretty shit-ass cheap state.

you know what i've come to suspicion lately?

actually, rent prices might be so high because there's fewer houses/apartments than people looking for one, and that drives prices up (low supply, high demand), but the reason that supply is so low is because investors are predicting that the population number will fall in the future (due to low birth rate), so people's demand for houses/apartments will be lower as well. so if they construct now, it might not pay out for them later on. that is why they're waiting, and not constructing, and if people do the same, instead of buying houses now, buying them later (e.g. living with your parents), rent and housing prices might significantly go down.