Big cities, waterfront cities, and college towns all have something in common. It can be difficult to find affordable housing, especially when you are not familiar with that area and don't know where to begin looking. Whether you are relocating for your work as a young professional or are a college student needing off-campus housing, finding that perfect new house or apartment that you can afford can be difficult. Learning more about what co-living can provide might get you even more excited about your new big adventure.

Co-living is a great option to consider when relocating to a new city for school or work. College students can utilize this off-campus housing if a dormitory is not an option. If you are looking for an apartment in West LA to rent while at school but not able to find one in your budget, this could be your answer. As well, young professionals looking for housing in big cities or cities along the coast may not be able to afford housing close to their job. Co-living communities are popping up everywhere providing a great way to have high-end housing that you can afford. There are many benefits to consider when deciding to choose this living arrangement.

Economical Benefits of Co-living

Each space in a co-living community has a shared living area and kitchen area. However, you will have your own bedroom and bathroom giving you the privacy you need for either studying, working, or just being alone. Sharing this common space provides these economical benefits:

1. You will share utilities, internet service, and any extra expenses such as house cleaning and security services.
2. These places are generally less expensive to rent than a house or an apartment.
3. You will not be paying out in rental deposits nor utility deposits. This is especially important if your job requires you to relocate often.
4. These spaces are fully furnished so you will not have to buy any furniture nor will you need to hire a moving company to move your belongings.
5. If you work from home, you will have your home and your work all in one location.

Social Benefits of Co-living

Co-living communities come with a great advantage when you are relocating to a new city without any friends or family close by. You will be matched with the other residents that share your interests giving you an advantage in meeting new friends and making long-lasting relationships. Other benefits include:

1. Meeting new people through social gatherings and events within your co-living residence.
2. Feeling more comfortable engaging in community activities with your roommates.
3. Feeling more secure by having a group of people close by when you need help with something.

Relocating to a new city is a great adventure. But it can also be difficult to find new friends and become a part of your new community. Co-living can save you money in housing and allow you to enjoy a great place to live in a great city or coastal town and give you access to like-minded people that share your interests and goals.