Cost of durable goods

One thing I encourage generation Y to do is to not rush out of their parents house as soon as possible.
The biggest reason is because of the cost. At the age of 24, 22, or 18, a young kid doesn't have that much money.

I guess it is common for these kids to finance everything with credit and pay the credit cards as soon as they make money.

If you do want to leave, I'd insist on doing it very cheaply like renting a room and nothing else.
If you rent a room, it is most likely already furnished.

If you decided to rent an apartment/house or buy a house, the house is going to have to be furnished in order for you to live comfortably.

If the house or apartment has nothing in it, you will most likely want or need the following items (assuming you can take nothing with you).

1 bed
1 sofa
1 stove
1 washing machine
1 dryer
1 table
1 chair
1 refrigerator

You may also want the following items.
1 microwave
1 toaster
1 tv
1 computer

So, lets see how much these items cost as of 7/12/2014.

1 bed $134 at Walmart 
1 sofa  $80 at Kohl's. This was the cheapest I could find. Other online prices go from $300 to $800.
1 stove $358 at Sears
1 washing machine $400 at Sears
1 dryer $270 at Sears
Table and chairs $129 at Walmart
1 refrigerator $400 at Sears

Total cost of essential $1,771

1 microwave $57 at HHGREGG
1 toaster $23 at Walmart
1 tv $180 at Amazon
1 laptop $280 at BestBuy

Total cost or extras $540

Total cost $2,311

Now, these are the prices of everything new. If you search around, you might be able to pick up everything used at half the cost ($1155.50).

These are the costs if you furnish your new place with just the bare minimum amount of stuff.
Once you get it, these goods are durable. They won't break down every year and you won't spend $2000 per year maintaining or replacing this stuff.

But $2,000 is a big hurdle when a man at the age of 20 decides to strike it out on his own and commit to a mortgage on a house.

When you live with your parents, you get privilege of using all this stuff that is already paid for.

Keep this in mind before moving into a house or apartment.