Hi,
I am currently 24 years old and live in a share house for a few months now. I currently want to move and live alone. I'm currently in Canberra where the rent here is very high. I made a list of pros and cons with share house and living alone.
Share house Pros
- Cheap Rent
- Won't get lonely
- Common areas are always clean
Share house cons
- Not having much space
- Not able to use the Kitchen when ever i want to
- Noise limits with having TV on at night
- Not having complete freedom
- Not able to fully relax to not disturb roommates
- Working from home is pretty tough just being in the bedroom 24/7.
Living alone
Pros
- Lots of space
- Get to have my things wherever i want it especially having kitchen appliances out
- Get to do whatever i want to
- Get to have family visit me
- Being able to work in the living room
- Kitchen is always free
Cons
- Rent is expensive
- Not much savings
- Could get lonely
Biggest factor to me is money. Staying in share house allows me to save triple compared to living alone. I want to save for a house deposit but i also want my own space. If i go live alone it will take me much longer to save or i could just grind out share housing to increase my savings. I'm not sure if i should move or stay put.
If you have enough savings and income you could try buying a house?
Otherwise best to share or live with your relatives