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How much does it cost to live on your own?

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Comments

  • black-saturn
    black-saturn Posts: 13,935 Forumite
    10,000 Posts Combo Breaker
    £125 a month is a lot of money to spend on food for one person. You will only spend at least half that. Then you have to look at things like rent, council tax, electric, gas, TV licence, phone, internet, travel expenses.
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  • studentphil
    studentphil Posts: 37,640 Forumite
    £125 a month is a lot of money to spend on food for one person. You will only spend at least half that. Then you have to look at things like rent, council tax, electric, gas, TV licence, phone, internet, travel expenses.

    I am thinking 25 pound a week on food- is that too much? ( then an extra 25 for other stuff you get from the supermarket eg washing power)
    :beer:
  • victory
    victory Posts: 16,188 Forumite
    Is that because you don't want to put the effort in to work it out for yourself? You can't really get a 'flavour' on here as there are hundreds of people here with vastly different incomes and people tend to live to their means. Ask on the student board how much people spend there are that will give you a better idea.
    Absolutely I can't vote as I do not live alone but it is easy to work out, bill wise per month how much goes out each month, everyone knows when they get paid how much they actually need for bills,(check statements) food etc what is left ...
    misspiggy wrote: »
    I'm sure you're an angel in disguise Victory :)
  • When my son left university he did not want to come back home and so rented a flat. He gave that up and is living here because life in a student house is very different from life in the real world. As a student he paid £250 a month rent and only had to find money for food. Depending on how flush everyone was determind how much was put on the key for the electricity (no gas). If they were all skint they had no electricity!
  • skintchick
    skintchick Posts: 15,114 Forumite
    Debt-free and Proud!
    OK, here's mine for what it's worth Phil:
    Mortgage 340
    C tax 103
    water 6
    gas and leccy 52
    broadband 9.99
    BT line 11
    phone calls with onetel 5
    mobile 15
    food 70

    Then you have to think about travel (mine is 306), going out, petrol, other (for me, piano lessons, band rehearsals...)

    I can;t be bothered to add it up for you but it's over £800. As you know I live in an expensive area.
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  • Because it works out cheaper to live at home.

    It most likely will always be cheaper to live at home!
  • My household bills, including the mortgage are around £1100 per month for a 1 bed flat in S London. This does not include food, travel, entertainment etc. I hope this helps....
  • phlash
    phlash Posts: 883 Forumite
    500 Posts
    I more intrigued that studentphil averages 45 posts per day! That's insane!
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  • Rent 750
    Electricity 30
    Water 20
    Food 80
    Council tax 108
    Sky 15
    Buildings ins 45
    Contents ins 30
    Travel 40
    Mobile phone 25
    Land line 15
    Broadband 10
    Haircut 25
    Socialising 120
    Savings

    Total 1313

    Think about saving for a car, then insurance, then MOT, then service, then car tax.

    Think about saving for a holiday

    Think about saving for a deposit to buy your own place

    Think about saving for extras for friends birthday and christmas
  • mrcow
    mrcow Posts: 15,170 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    phlash wrote: »
    I more intrigued that studentphil averages 45 posts per day! That's insane!

    Insane.....incredibly sad.....whatever!
    "One day I realised that when you are lying in your grave, it's no good saying, "I was too shy, too frightened."
    Because by then you've blown your chances. That's it."
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