How Much Money Does a Single Person Need to Live Comfortably in a Major US City
Channel: Frugal Brugal 
Date: 23/04/2024

In this video, I will discuss how much money you need as a single person, to live comfortably in a major US city. 

I will be reviewing an article that I found online. The original article talks about how much a single person needs to live comfortably in the United States (US). Specifically, the article lists 25 major US cities. I will be reviewing the article and sharing my thoughts on what I agree and disagree on, as well as providing commentary.

Think about your salary and how much money you make. Now think about whether you are in a relationship or are single. Now think about which US city you live in. There are many advantages and disadvantages to being single versus in a relationship. Some US cities are more expensive than others. This video looks at a list of 25 major US cities and ranks them from most expensive to least expensive. Do you agree with what the original author mentioned? I will provide my thoughts in the video and which city I would prefer to live in, and also which city I would not prefer to live in.

The author also talks about the 'singles tax.' Basically, how it is more expensive to live as a single person than it is to be in a relationship. When you are in a relationship, you can split costs. Expenses like shelter, rent, food, and transportation can be shared between two people. However, if you are single, you are responsible for all of those costs. Getting into a relationship is one way to lower your daily cost of living expenses. Being able to split your day to day cost of living expenses with your significant other can be a nice perk in a relationship.

 Is the singles tax real? Do you think you save more or less money in a relationship? How much money do you need to live comfortably in a major US city? Is it cheaper to live in a US city as a single person or as a couple in a relationship? Which major US city would you live in if you have the chance? How much money to be comfortable?



Chapters
00:00 Intro
00:24 "Comfortable" Income
02:06 How Do You Define Comfortable?
02:25 50/30/20 Rule
04:34 List of 25 Cities
07:48 Expensive vs. Cheap City 
09:18 Highest Living Costs in US
10:34 Most Expensive US State
12:07 Housing Costs
13:23 "Singles Tax" 
15:02 Question

Original article: cnbc/2024/03/20/salary-single-person-needs-to-live-comfortably-in-major-us-cities.html#:~:text=Spend-,The%20salary%20a%20single%20person%20needs%20to,in%2025%20major%20U.S.%20cities&text=To%20live%20%E2%80%9Ccomfortably%E2%80%9D%20as%20a,to%20a%20recent%20SmartAsset%20analysis.