In Colombia, the average age in which young people leave their parents’ house are 28 years old. However, there is a factor that usually determines whether or not they are ready to take the step: lThe expenses associated with independence.
(Read more: know how much your bank pays for your savings: the quick way of knowing it)
In the case of Bogotá, the investment tends to be considerable, especially for the current conditions of the real estate market and the variation of prices in the different areas of the city.
According to a study developed by the Manuela Beltrán University, in the neighborhoods of the center and north of the capital, where fashion, security and good location are combined, the initial cost to live only comfortably It can exceed $ 5 million.
To better understand that it encompasses that value, these are some of the expenses that were taken into account.
(Read more: pea, beans, and vegetables that have most increased in Bogotá by strikes in the country)
Rent
Istock
The rent
Some of the favorite neighborhoods to become independent are located in the towns of Chapinero, Teusaquillo and Cedritos. Based on information from real estate portals, the study shows that the average monthly canons In these sectors they range between $ 1.5 and $ 2 milliondepending on the area.
To make a better breakdown, in Chapinero, The average is $ 1,750,000; In Teusaquillo it is slightly lower, with $ 1,700,000, although it can reach up to $ 3,500,000, and in cedritos, the square meter costs an average of $ 55,700.
(Read more: Use of cash in Colombia: Is it still valid or was already displaced?)
PUBLIC AND FURNITURE SERVICES
Living alone also implies assuming expenses that are usually unnoticed by parents. In strata 3 or 4, public services (Water, light, gas, internet and toilet) They can cost on average between $ 280,000 and $ 420,000 per month, according to consumption and suppliers of the sector.
The 200 megas internet, for example, It costs approximately $ 110,000 per month.
As for the furniture, a review by the institution on three sales platforms allowed to estimate two scenarios: one economic, which would be around $ 1’500,000, and another standard, which would exceed $ 3’000,000.
(Read more: Minhacienda anticipates a good rise in the minimum wage by 2026)
The district proposal for the Moors.
Istock
What must be taken into account
Maricela Botero, economist from Manuela Beltrán University, said that becoming independent without having good financial planning It could generate frustration or unnecessary debts.
“Young people must understand that beyond the lease, there are recurring expenses – such as public services or food – and others that are presented only once, but are high, such as furnishing an apartment. The ideal is to have at least the equivalent of three months of rent saved before taking the step.”the expert recommends.
(Read more: Immediate Payment System BRE-B reaches more than 20 million users)
Jessika Rodriguez M.
Portfolio journalist
