Money required for living alone

[bluesky]

How much money is required for any person to live alone? Is there any minimum amount required to live responsibly without depending on anyone's financial support? It all depends on what you want to achieve with that independence you aspire to.

 

[Suba]

In my country, each city has a different regional minimum wage, although the difference isn't significant. In my city, Jakarta, the regional minimum wage is $355 per month. A person can live simply and frugally by spending around 70-80% of their monthly income. Meanwhile, to live decently in Jakarta, you need to have an income of at least $600 per month.

 

[Starmix]

In these trying times, it's essential for individuals to meet the financial requirements should they prefer to live alone. You must also be emotionally and mentally prepared. You must have a stable job with a good salary, so you can be all the time ready to face your own world.

 

[Min George]

To live alone, one needs to have a job that is guaranteed to pay him or her $100 every month. That's for basic lifestyle.

 

[Nomad]

I need at least $500 to live alone. However, I am a family man and I need at least 1500 to live a comfortable life

 

[Augusta]

I can't really tell but it all depends on your lifestyle, location, and habits. In Nigeria, if you're in a place like Lagos, costs can be high . Think rent, food, transport, bills, and other expenses.