Software Alternatives, Accelerators & Startups

Splitwise VS Outpost Coliving

Compare Splitwise VS Outpost Coliving and see what are their differences

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Splitwise logo Splitwise

Splitwise is a free tool for friends and roommates to track bills and other shared expenses, so that everyone gets paid back. On the web, iPhone, and Android!

Outpost Coliving logo Outpost Coliving

Co-living made easy in NYC ๐Ÿ˜๐Ÿ—ฝ
  • Splitwise Landing page
    Landing page //
    2023-01-23
  • Outpost Coliving
    Image date //
    2025-12-04

Outpost is a leading coliving company in New York, offering furnished rooms and flexible housing solutions designed to make your move to the city seamless and stress-free. Whether you're a student, intern, professional, or remote worker, Outpost provides a trusted and safe community living experience across Brooklyn, Manhattan, and Queens.

Our fully renovated homes come with all utilities included, high-speed Wi-Fi, laundry facilities, and regular cleaning services, so you can focus on what matters most. Enjoy access to fantastic amenities such as spacious rooftops, inviting backyards, well-equipped gyms, and vibrant community events that foster meaningful connections among tenants from diverse cultures and backgrounds.

At Outpost, community living means more than just sharing a spaceโ€”itโ€™s about enriching your lifestyle through shared experiences and supportive networks. Our locations in prime New York neighborhoods offer convenient access to public transportation, dining, and entertainment, making it easy to live, work, and play in the city.

Choose Outpost for a flexible, affordable, and hassle-free coliving option in New York. Experience the perfect blend of privacy and community, with professional management ensuring your comfort and safety every step of the way. Discover your next home with Outpost and join a dynamic network of like-minded individuals ready to grow and thrive together.

Splitwise features and specs

  • User-Friendly Interface
    Splitwise provides an intuitive and easy-to-navigate interface, making it straightforward for users to add expenses, keep track of debts, and settle up.
  • Multi-Platform Availability
    Available on the web, iOS, and Android, Splitwise ensures users can access and manage their expenses from almost any device.
  • Expense Tracking
    The app allows users to easily log and categorize expenses, which can be particularly useful for group trips, shared households, or any shared financial responsibility.
  • Flexible Split Options
    Users can split expenses equally, by percentages, shares, or custom amounts, providing flexibility in how costs are divided among group members.
  • Currency Conversion
    Splitwise supports multiple currencies, which is handy for international travel or groups with members from different countries.
  • Bill Reminders
    The app sends reminders for outstanding balances, helping users to stay on top of their payments and avoid forgotten debts.
  • Integration with Payment Platforms
    Splitwise can integrate with payment platforms like PayPal and Venmo for easy settlement of balances.

Possible disadvantages of Splitwise

  • Privacy Concerns
    Since Splitwise involves sharing financial information with others, there could be privacy concerns for those unwilling to share detailed expense data.
  • Subscription-Based Features
    Some advanced features, such as expense exporting and additional integrations, require a Splitwise Pro subscription.
  • Manual Entry Requirement
    Splitwise requires users to manually enter expenses, which could be time-consuming and prone to errors if not done diligently.
  • Limited Automatic Reconciliation
    While Splitwise helps track who owes whom, it does not automatically reconcile or pay off balances, leaving users responsible for manual payment.
  • Dependency on Group Honesty
    The accuracy of the expense records relies on the honesty and diligence of all group members, which may not always be reliable.
  • Potential for Confusion
    The various options for splitting bills (equally, by shares, etc.) can sometimes lead to confusion or disputes among users over what is fair.

Outpost Coliving features and specs

  • Convenience
    Outpost Club offers fully furnished coliving spaces, making relocation straightforward without the hassle of buying or transporting furniture.
  • Community
    Residents have the opportunity to connect with a diverse group of people, fostering networking and potentially forming meaningful relationships.
  • Flexibility
    With flexible lease terms, members can find accommodations that fit their short or long-term needs easily.
  • Included Utilities
    Rent typically includes utilities like electricity, water, and internet, simplifying the billing process for members.
  • Location
    Many of Outpost Club's properties are located in desirable neighborhoods, providing easy access to local amenities and public transportation.

Possible disadvantages of Outpost Coliving

  • Cost
    Compared to traditional rentals, coliving spaces may come at a higher per-room cost, which might not be suitable for everyoneโ€™s budget.
  • Privacy
    Shared spaces mean less privacy compared to conventional rentals, which can be a downside for individuals who prefer solitude.
  • Limited Personalization
    As spaces are fully furnished, there's limited opportunity for residents to personalize their living areas to their personal tastes.
  • Availability
    High demand for coliving spaces might lead to limited availability, making it difficult to secure a room in preferred locations.
  • Rules and Regulations
    Shared living involves adhering to certain communal rules and guidelines, which might not align with everyoneโ€™s lifestyle preferences.

Analysis of Splitwise

Overall verdict

  • Splitwise is a highly effective tool for managing shared expenses, especially if frequent splitting of costs is involved. Its features make it easy to track who owes what, and its automatic calculations save time and reduce errors.

Why this product is good

  • Splitwise is popular because it simplifies sharing and tracking expenses among groups, making it ideal for roommates, friends on trips, or any group spendings.
  • It automatically calculates balances and reminds users about payments, reducing the awkwardness of asking others for money.
  • Offers a user-friendly interface both on web and mobile apps, which makes managing expenses convenient and accessible.
  • Supports multiple currencies, which is great for international travel groups.
  • Integration with payment platforms like PayPal and Venmo for easy settlement of debts.

Recommended for

  • Roommates who need to regularly split household bills and expenses.
  • Groups of friends or families who often travel together and need to manage shared travel costs.
  • Colleagues or classmates working on projects or events that require shared funding.
  • Anyone who wants to avoid the hassle of manually tracking and settling shared expenses.

Splitwise videos

Splitwise - iPhone App Review! [2020]

More videos:

  • Review - Tricount vs Splitwise - App comparison
  • Demo - Splitwise Demo

Outpost Coliving videos

MY EXTREME NEW YORK CITY APARTMENT TOUR| OUTPOST CLUB| BROOKLYN!!!

Category Popularity

0-100% (relative to Splitwise and Outpost Coliving)
Personal Finance
100 100%
0% 0
Travel
0 0%
100% 100
Expense Tracking
100 100%
0% 0
Tech
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Splitwise and Outpost Coliving

Splitwise Reviews

12 Best Bill Splitting Apps in 2023
Splitwise is among the most commonly used group payment apps that can easily keep a systematic record of all your informal debts including restaurant bills, travel expenses, cost of accommodation, and much more. With this expense sharing app, users can either create groups or split the bill privately among friends. Splitwise also registers and saves all the expenses and...
6 Best Bill Splitting Apps for Hassle-Free Expense Sharing
Splitwise employs an intelligent algorithm to calculate the exact amount owed by each user. It shows who paid for what, how much amount was paid by each member, and any outstanding balances. Furthermore, the application also keeps everyone updated about their balances and recent transactions.
Best Bill-Splitting Apps
For example, shared items like appetizers would be split among the entire group or just a few people in the group. The app can handily accommodate large parties by allowing you to add up to 10 people to each group. Once youโ€™ve divided up the food among all the plates you can add in tax and tip. The app is made by the same company as Splitwise and is completely free. The only...
7 Best Budgeting Tools and Apps for Personal Finance
This oneโ€™s not a complete budgeting app but itโ€™s still a handy one. Splitwise is a nifty app that helps people track how much they owe to friends and colleagues and vice versa. It makes sharing expenses on outings, meals, events, etc easy to track by logging in each transaction. It basically keeps a total over time, so that you can pay back the money in a large payment,...

Outpost Coliving Reviews

  1. Outpost made it easier for me to find short-term housing in New York without needing a US credit history. The platform was straightforward to use, and the booking process was much simpler than dealing with traditional landlords. Customer support responded quickly whenever I had questions, and the move-in process was relatively smooth.

    The service is particularly useful for international students, interns, and professionals who need flexible housing options. While the accommodations may vary by property, the platform itself helped reduce a lot of the friction involved in finding a place to stay in NYC.

    Overall, it served its purpose well and was a convenient solution for a temporary stay.

  2. I've been cooperating with them for over a year now, and I haven't had any problems. Their team is professional and responsive, and they handle property management efficiently. I would recommend them to other landlords looking for a reliable partner.

  3. My stay at Outpost, place in the UES has been good overall.

    My stay at Outpost, place in the UES has been good overall. The apartment is clean and stylish, with all the basic amenities you'd expect. The staff has been professional and helpful, which made settling into a new city easier. While the place is welcoming and well-maintained, I did experience occasional issues with the WiFi being slow

Social recommendations and mentions

Based on our record, Outpost Coliving seems to be more popular. It has been mentiond 3 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Splitwise mentions (0)

We have not tracked any mentions of Splitwise yet. Tracking of Splitwise recommendations started around Mar 2021.

Outpost Coliving mentions (3)

  • Outpost Club is a scam. I lost my housing and need your help.
    Outpost Club (https://outpost-club.com) is a scam. They charged me full money for a studio with formal receipts and promised I'd be able to check-in without any hustle. Then when I arrived the place was not available. I called them and they wanted to put me in somewhere much lower quality with the same price. I refused, then they said it was my fault, and they didn't even give me a refund. Throughout the process,... Source: over 4 years ago
  • [Looking for] I need a place to stay for 3 months in Manhattan ASAP. I literally canโ€™t find one room (shared apartment). Please let me know if you have a place? My budget is 1600.
    You can probably try Co-living spaces likeCommon Living orOutpost Club. They do short term leases and come furnished. Source: almost 5 years ago
  • Moving out as 20F in NYC because of extremely strict brown family and forced marriage.
    -Get an apartment with roomates ( OUTPOST CLUB) you can put in the exact day you want to leave they also have private apartments on there if you want If I where you save your money and live with some girls. They'll be there to protect you aswell. From what I have seen this place is legit and will be venturing in it aswell (https://outpost-club.com/). Source: about 5 years ago

What are some alternatives?

When comparing Splitwise and Outpost Coliving, you can also consider the following products

Tricount - Manage and share expenses with friends

Outsite - Flexible co-living membership for $99/year

Settle Up - SETTLE UP is an indispensable app for friends and flatmates who need to keep track of shared bills...

Roam - Live anywhere you want, as long as you want.

Splid - Splid helps friends manage their money.

Airbnb - Book unique places to stay and things to do.