Monday, September 19, 2022

Rent Split Calculator in Excel

Splitting the rent between roommates is not an easy task, especially if you all have got different preferences about what's important. In this video, we'll take a hard facts approach to apartment rent splitting by using square footage. One model will use the square footage of the whole unit but give specific consideration to the bedrooms and other model will pay attention only to the bedroom. There's not right approach, just the approach you all agree on. The beauty of this model is that it's done in Excel and when you look at different room sizes or the number of room mates sharing, you can adjust the numbers and the cost per person will recalculate.

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