Rent vs Commute? Should I rent a more expensive room near my workplace or rent a cheaper room far from my workplace?

Saving time saving money. Time is your most valuable and non-refundable resource as a human being. That extra $200 won't mean much when you get a pay rise or start a side hustle, but you'll never be able to get back that 1hr (return trip) after it's spent.

Nearer to office and higher rent, and if you divide the rent and add to transport base on 22 workdays, renting near office has saving though rent higher and on TOP of that you save time which money cannot buy

Hey Victor! Here's how I would calculate it!

• Near NTU, Pioneer MRT

Rent: $600/Month

Travelling: $65.60/Month for 50min/day

In a month, you would be spending $665.60 and using up 16h 40min for travelling.

• Commonwealth MRT

Rent: $800/Month

Travelling: $36.80/Month for 20min/day

In a month, you would be spending $836.80/$800 and using up 6h 40min for travelling.

In essence, you're paying $171.20/Month for 10 hours of your life which is $17/hour. If you're willing to pay that amount of time, then you should go for the Commonwealth Route. However, if you value your time, then go with the other option. Of course, there are multiple factors to take note of including but not limited to sleep time, free time, investment opportunities and more! If you want a more in depth answer, do let me know!

Location, location, location.

paying $200 only to save 30 mins a day? That is mighty cheap.

time is precious, the time saved could be used on so many things. I'm going to ignore the financial activities so many advisors here can suggest

• extra netflix or reading time

• extra sleeping time

• extra time to chat with friends and lover

• extra time to do your favourite hobby

• extra time to exercise

• extra time to enjoy life