Living alone? The 'singles tax' that costs $10K a year

Americans who live alone are paying a five-figure "singles tax" amid rising rents around the nation, a new analysis finds.

Data from Zillow shows that the typical apartment rent is currently $1,745 and has risen 30% over the last five years, which represents a significant burden for renters who live alone and don't have one or more roommates to split the bill with.

The premium paid by solo renters was dubbed the "singles tax" by Zillow, which found that the national average singles tax amounts to $10,470 per year.