You should know your neighbors – so you can save money?

This story highlights an interesting gap in who knows their neighbors. Yet, this statistic is brought up so you can make sure you are not paying their utility bills. First, the statistic:

Photo by Airam Dato-on on Pexels.com

However, chatting to your neighbors is not as common as it used to be. A Pew Center study shows that fewer young Americans are familiar with their neighbors. Among adults under age 30, about a quarter (23%) claim to not know any of their neighbors, compared with 4% of those aged 65 and up.

Why might it be useful to know your neighbors?

That’s what happened to Brooke Patterson. She took to TikTok to explain how she realized that she had apparently been paying for her entire apartment building’s utility bills — for two years.

The gap cited above could be the result of multiple factors. People 65 and up might have lived in places longer. They had different social norms regarding neighborly interaction. They might not rely on technology as much in order to interact with people.

Is the primary goal to knowing your neighbors to save money? Or others might suggest your neighbors could help you look out for your property. Other primary goals for knowing your neighbors could include acting neighborly – looking out for each other, offering aid when helpful – and building community. That could come with cost savings down the road or even positive money if the character of the neighborhood helps boost property values. This might be another difference over time: what people hope to gain through social interaction.

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