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How much to live on?

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Comments

  • studentphil
    studentphil Posts: 37,640 Forumite
    Bloody hell mate. You wanna get yourself over to the DFW board. A single person shouldn't be paying more than £30 a month tops on leccy! Change suppliers and go through Quidco!

    As for food, people feed themselves good nosh for £50 a month. That includes all household products! ;):p


    But people, Phil has already had these questions answered before! :confused:

    I do only very vaguely remember talking about living costs before.
    :beer:
  • southernscouser
    southernscouser Posts: 33,745 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    £50 for the month!? As if!!

    Note in mine I never said gas anywhere, which pushes electric up as everythings electric.

    £50! Promise you mate. Good food aswell, not microwave meals, and all cleaning products. :D
  • southernscouser
    southernscouser Posts: 33,745 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I do only very vaguely remember talking about living costs before.

    Do a search old bean. :)
  • peter999
    peter999 Posts: 7,102 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    What do you judge to be a high enough wage for a single person to live on?
    He's back !!

    Where you been, Ker Plunk has been asking after you !!?? :rotfl:

    peter999
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    £50! Promise you mate. Good food aswell, not microwave meals, and all cleaning products. :D

    What boiled cabbage every day!? That £15 I mentioned aint my costs. Spend around £110 a month on on groceries.
  • studentphil
    studentphil Posts: 37,640 Forumite
    so we have 750 a month as one figure to be enough to live on
    :beer:
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    so we have 750 a month as one figure to be enough to live on

    Depends where you live dunnit.

    You know this, I know this. I could go up Lincoln, or Yorkshire or somewhere and half the cost of living, and have a bigger house.

    I could go London and my costs wouldn't even cover living in a cleaning cupboard with a cleaning lady....of the old and droopy variety.
  • peter999
    peter999 Posts: 7,102 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    What do you judge to be a high enough wage for a single person to live on?

    I see no way that you can lived on less that 1000 pounds a month if you include rent, bills, food, clothes, travel. So I think as a ball park figure you need to earn 15000 a year before tax.
    There are many minimum wage jobs (£5.35/hour = £11,000/year) which people survive on, which is the baseline, so don't expect to automatically walk into £15k+ job.

    peter999
  • Hell, we've got a household income of over £3000 and I worry about not having enough money to pay some of the bills

    Stupid expensive London mortgage...

    As a single person, sharing a house, I use to get by pretty well on £1200 a month, managing to save £300 of that.. so, I guess you could get by on £900.. I didn't drive though
  • I'm_With_Stupid
    I'm_With_Stupid Posts: 6,448 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    You don't get far on £1000 a month now. Council tax takes £130 of it instantly, so your down to £870. Rent? I can only go on rental prices down here, £600 for a 2 bed house, £270 left. Electric? £50 a month, water? £30 a month....£190 left.

    Then you have the 'luxuries' TV licence, £11, Broadband, £15, telephone Line rental only, £11, £153 left.

    Shopping. Even the biggest miser in the world will need £15 a week for groceries, including household items.

    £93 left.

    Run a car? At this point, your screwed.

    Why would you be renting a 2 bedroom house to yourself? Share with just one other person, and that's already £300 saved on rent, £65 on council tax, and probably a little less than half on your bills too. But yeah, I'd say to have a half-decent existance, you probably need to be earning £1000 a month take-home pay (or live with parents). That way you can go out on a weekend, maybe run a car, put some in your savings, and buy a few things you might like, etc.
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