Budgeting for single person

datlex

DCFC79 wrote: »

Depends how much the property is, its all hinging on what the amount is from some inheritance but hopefully £136 then utilities on top, average gas per month is £61, electricity is £63, internet and landline is £33.49, estimated price for water is £395.

Maybe I'm asking a bit early in the process, was just trying to get an idea.

Where did you get the utility figures from? Have you asked the vendor or are you looking else where. Don't forget as a single person you get council tax discount. What type of property?
For info my gas bill is £24 a month as is my electricity, my water is £13, I have Virgin with L Package TV for £33 a month (£33.49 for just landline and internet is expensive).

ambroze

DCFC79 wrote: »

At some point this year I shall hopefully be a home owner, what is slightly worrying me are the household bills or more specifically grocery shopping. How much should I allow for it per month ?

Thanks in advance

I'm in the same boat so am also interested. Mortgage will be 100, income 1100 after tax. Good luck

Ballard

I live alone in a flat and my expenses seem to be dwarfed by yours.

Water (meter) c£160 pa
Gas/elec £36 per month combined
Groceries c£30 per week (includes making sandwiches for work)
Buildings & contents insurance £132 last year

datlex

Ballard wrote: »

I live alone in a flat and my expenses seem to be dwarfed by yours.

Water (meter) c£160 pa
Gas/elec £36 per month combined
Groceries c£30 per week (includes making sandwiches for work)
Buildings & contents insurance £132 last year

no council tax?

Ballard

datlex wrote: »

no council tax?

I have only included items which may be comperable. There seems very little point in bringing council tax into it as there's very little scope to barter with councils to reduce that particular bill. If you know differently I'd be interested to hear.

leespot

DCFC79 wrote: »

Depends how much the property is, its all hinging on what the amount is from some inheritance but hopefully £136 then utilities on top, average gas per month is £61, electricity is £63, internet and landline is £33.49, estimated price for water is £395.

Maybe I'm asking a bit early in the process, was just trying to get an idea.

Is £136 the mortgage payment or how much you'd have left after paying your bills?