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Are Studio Apartments Cheaper?

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0 2023-03-21T13:30:05+00:00
Are studio apartments cheaper than one bedroom? I had the very same question when I was house hunting for myself. I think it is all about choices and preferences. A studio apartment almost always costs less than a one-bedroom apartment in terms of monthly costs overall, but is typically more expensive in terms of monthly costs per square foot. I will tell you how. Find studio apartments listed for sale on NoBroker and save lakhs on brokerage Take help of buyer plans from NoBroker to help you choose the best studio apartment.  Design your studio apartment with the expertise of NoBroker interior designers.

Are studio or one bedroom apartments cheaper?

Yes and no. Let me explain.  Consider that a studio is listed at ₹6,500 per month and a one-bedroom is listed for ₹8,800 per month. But, if the studio is only 500 square feet, it costs ₹13.7 per square foot, compared to ₹11.7 per square foot for a one-bedroom flat with 750 square feet. In this case, a studio apartment costs less per month but costs more per square foot. What difference does it make if I pay more per square foot? If you don't require the room, probably not. It's a matter of taste and should be considered.

What is the Definition of Studios and One-Bedroom Apartments?

A studio apartment essentially combines the living room, kitchen, dining room, and bedroom into one space. There are typically no partitions, with the exception of the toilet. A one-bedroom flat, on the other hand, typically has a separate bedroom and a designated living area. Depending on how the flat is laid out, the kitchen can also be separate. As a general rule, one-bedroom apartments are bigger and have separate living spaces than studio flats.

Differences Between Studios and One-Bedrooms

If you are choosing between studios and one-bedroom apartments, there are several other distinctions between them besides the layout and size that you will need to take into account - Rental Cost: In the same neighbourhood, renting a studio apartment is usually less expensive than a one-bedroom apartment. Yet, it's crucial to keep in mind that the lower rent directly equates to a smaller room, and a studio apartment costs more per square foot. A studio may be a better option if the entire cost of rent is your top concern. Utility Usage: This is a challenging estimate because utilities depend on how you use the flat and how they are invoiced. For instance, if you use power wisely in a one-bedroom apartment but leave your heater and air conditioner on all day in a studio, the cost of utilities in the studio will be higher (all else being equal). This is a risky assumption because there are many variables that affect utility costs. Privacy: Whether you plan to live alone or with a roommate will determine this. A one-bedroom flat can be a preferable option if you intend to share with someone else in order to protect your privacy. Entertainment: This is based on how many people you want to entertain simultaneously. Yet, a studio apartment will probably have less room than a one-bedroom. Working from Home: You might prefer the separation of a one-bedroom flat if you want to work from home. Having said that, you might also designate a separate workspace inside your studio. I am sure now you understand are studio apartments cheaper than one bedroom. Read More: What is Studio Apartment What is a Studio Apartment Floor Plans?  Is Studio Apartment a Good Investment? 

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