Enter the total rent ($) and the total number of roommates into the calculator to determine the Rent Split.
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Rent Split Formula
The following formula is used to calculate the Rent Split.
RPP = TR / R
- Where RPP is the Rent Split ($) (per person)
- TR is the total rent ($)
- R is the total number of roommates
To calculate the even rent split, divide the total rent by the number of roommates.
How to Calculate Rent Split?
The following example problems outline how to calculate Rent Split.
Example Problem #1:
- First, determine the total rent ($). In this example, the total rent ($) is given as 1500.
- Next, determine the total number of roommates. For this problem, the total number of roommates is given as 3.
- Finally, calculate the Rent Split using the equation above:
RPP = TR / #P
The values given above are inserted into the equation below:
RPP = 1500 / 3 = 500 ($)
Example Problem #2:
The variables needed for this problem are provided below:
total rent ($) = 3000
total number of roommates = 4
Entering these values and solving gives:
RPP = 3000 / 4 = 750 ($)