Calculate fair rent splits among roommates using equal, room-size, or income-based methods.
| Person 1 (120 sq ft room) | $927 |
| Person 2 (140 sq ft room) | $1,000 |
| Person 3 (160 sq ft room) | $1,073 |
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Equal: Rent Γ· Number of Roommates
Room-Size: (Room Size + Shared Γ· Roommates) Γ· Total Sq Ft Γ Rent
Income-Based: (Personal Income Γ· Total Income) Γ Rent
No single method is 'perfect'βit depends on what roommates agree is fair. Common methods: (1) Equal split β simplest, everyone pays the same. (2) By room size β larger rooms pay more. (3) By income β proportional to earnings. (4) Hybrid β 50% equal + 50% room-based.
Calculate each room as a % of total rentable area. Shared spaces (kitchen, bathroom, living room) are split equally among all. Example: 4 rooms (100, 120, 140, 160 sq ft) + 300 shared = assign shared proportionally to room sizes.
Depends on your lease. Some split rent + utilities together. Others split rent by room and utilities equally. Get explicit agreement upfront to avoid disputes.
Calculations are for educational purposes only. Consult a qualified financial advisor for personalized advice.