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A comment on The Great College Hoax. Parent comment

Re:The Great College Hoax by yummyfajitas on Thursday February 05, 2009 @04:59PM (#468816)
You can rent a 3bdrm apt for $1500 in JC, easily enough space for a family of 3-4. Utilities, figure $100-200/month. (Savings of $1200 over your numbers). Maybe you want a really big house?

The apartments I'm talking about are close to the path, so forget the car (save $200). Path+subway every single day is $185/month (save $215), for a 23 min commute.

So using your numbers, you are $1000 over break-even. In reality, you are closer to $2500 over break-even. How is this uncomfortable?

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Re:The Great College Hoax by madmanslitany on Thursday February 05, 2009 @08:14PM (#469141)
I mostly agree with you, but isn't $1500 a bit of an underestimate? Jersey City isn't that cheap; $1500 is definitely impossible in Newport or near Exchange Place, and I thought that even around Journal Square it would cost more than $1500 a month for a three bedroom apartment.
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Re:The Great College Hoax by yummyfajitas on Thursday February 05, 2009 @09:42PM (#469249)
$1500 is roughly what you would pay in Journal Square or the heights. The really nice areas you mentioned cost a bit more, of course.

http://newyork.craigslist.org/search/aap/jsy?query=jersey+ci...

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