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What % of your income goes on BASIC utilities?

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Comments

  • Furts
    Furts Posts: 4,474 Forumite
    For a family I know it is fascinating. They live in a very large 1980's house, that I accept is carefully designed and insulated.

    The council tax is £1000, the heating, hot water and lighting £600, water, sewerage and drainage £500, phone, broadband and TV £360. This gives a total of £2460. But they get an income of £1800 from their pv panels. So once the panels are paid off, in they estimate about four years, the utility costs will be £12.30 per week.
  • mrcow
    mrcow Posts: 15,170 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    7.6% on those 4 things.
    "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."
  • okborednow
    okborednow Posts: 169 Forumite
    Just under 11% for us
  • Around 9.06% on our joint monthly income goes on the basic utilities.
    With all 4 (gas £47, electric £36, council tax £85, & water £31.50) it amounts to £199.50 per month.
  • Tancred
    Tancred Posts: 1,424 Forumite
    Following another thread about rent/mortgage, the next question has to be about BASIC utilities. This isn't the cost of your Sky, or iPhone. But "the basics".

    So, how much of your TOTAL household take-home income (including any benefits, maintenance, etc) goes on just:
    • Council tax
    • Gas
    • Water
    • Electricity.

    Currently 4.4% of our combined net income but that will rise to around 5.5% once we move into a new house as the current one is only in band C.
  • anoncol
    anoncol Posts: 982 Forumite
    Isn't a percentage pretty pointless to compare?
  • Tancred
    Tancred Posts: 1,424 Forumite
    anoncol wrote: »
    Isn't a percentage pretty pointless to compare?

    Maybe, but, as a rule of thumb, if you are paying more than 10% of your net income on these basic utilities then it's probably too much.
  • phoebe1989seb
    phoebe1989seb Posts: 4,452 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 6 May 2013 at 11:04PM
    Around 15% of DH's income - our house is neither large nor small, in a rural area where there is no mains gas so we have oil (plus a multi-fuel stove) and our one big indulgence is a hot tub which is admittedly quite expensive to run......

    Our last quarterly electricity bill was £440 and our oil tank costs around £800 to fill - gulp!

    Council tax-wise though, we are fortunate to have gone from band F at our last house to C here as we were downsizing and whilst personally we have found Wilshire to be a much *nicer* place than Essex (where we lived for three years after moving from Hants) properties overall seem to be banded lower here.....
    Mortgage-free for fourteen years!

    Over £40,000 mis-sold PPI reclaimed
  • Paully232000
    Paully232000 Posts: 2,108 Forumite
    Just done the calculation of the four basics in the OP and 4.4% of combined income
  • fionajbanana
    fionajbanana Posts: 1,611 Forumite
    Works out 11-12% for the basic

    Have no gas as property has heat source pump.
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