Have you found the coliving residence of your dreams and are about to move in? You’re still looking, but want to plan ahead and draw up a budget? Coliving, with its all-inclusive offer, simplifies your accounts not only on arrival for your move-in budget, but also for your monthly budget.
Moving into coliving: how much should you budget?
When you move into a new home, there are three main areas of expenditure: moving costs, furnishing costs and opening accounts and taking out subscriptions.
- Moving expenses
In coliving, you’ll share common areas and benefit from a private space, your bedroom and bathroom. So there’s no need to pack anything other than your personal belongings and a bit of decoration for your room. Your car or even a large suitcase should do the trick!
- Furnishing costs
They suck! Not only is the furniture supplied, but also all the household appliances and kitchen equipment. Most of the equipment is new and trendy, from sofas to spoons.
- Account opening fees
New housing often means hours of waiting on the phone to open your electricity, water or gas meter, or to choose an internet provider. With coliving, everything is included, you don’t have to worry about a thing, and there are no account opening or termination fees!
How to draw up a monthly budget?
Monthly utilities are included in your rent, so you don’t have to pay for water, electricity, internet or heating. Insurance is usually included too, but you may be asked to take out a private insurance policy.
When it comes to leisure activities, access to Canal+, Netflix or other content providers is often included, so you save even more! You can also take advantage of a gym or games room, which saves you money! Some services, such as laundry or scooter rental, may be subject to a charge, so it’s up to you to factor their cost into your budget, depending on how you intend to use them.
The only expenses you need to budget for in addition to your rent are food, transport, leisure and personal goods: clothes, hi-tech, books…
Of course, there’s no such thing as a standard budget, because the services offered by coliving residences vary greatly from one to another, and each person has different needs. But one thing’s for sure: your budget will be much easier to draw up and control, because you’ll never have any unpleasant surprises, or extra charges, or huge electricity bills because you’ve underestimated your consumption…
With coliving, you’re busy living, not managing your accounts!