Monthly Living Cost (Rent)

Xyger

Xyger

Xyger

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Joined
5 Dec 2014
Posts
163
Location
North Wales
Just wondering roughly how much it costs people per month when renting out.

I'm looking to rent a place on my own, paying around 500pm. Probably a small 2 bedroom house.

What are all the extra costs and how much would it end up costing roughly?

Would really help if someone could give me a breakdown.
 
It all depends on what is included in the rent figure, eg here in NI rates (council tax) may or may not be included in rent.

Then its just electric, gas, food, TV, broadband and that is all massively dependent on what you use.
 
on a three bed in Essex

rent - 900
council tax - 140
Gas and Elec 120
water - 14

That's with two people sharing, if it was a single person you'd save on everything. Council tax would be -25% I think.

hope that helps.
 
When we first started out, it was something like this:

  • Council tax - find out the rate you'll be under (let's say £100 as an average, could be a lot more, or less)
  • TV licence - see the many, many threads on here about this (this is about £12.50 I think)
  • Water - rates or fixed (could be £25, this varies a lot)
  • Energy - pay direct debit monthly then settle any outstanding (say £70 pm, you can usually change this to suit)
  • Food - Varies wildly. Do you eat out at lunch or take your own in? Do you cook? Do you drink? (I'd say at least £150, could probably get away with less, but it wouldn't be as much fun)
  • TV/Broadband/Phone - cut your cloth with this. If you can afford it/use it then by all means get fibre or sky or whatever, but consider the cost and the contract length. Don't forget line rental (£20-£100)

Edit - yeah forgot about the single occupancy discount. That will save you a few quid
 
Here's the breakdown per month for our flat (2 bed, grade 2 listed)

Rent - £1050
Electric - £50 (currently in "winter mode", goes down to ~£40 in summer)
Council tax - £150
Internet/phone - £32
Food shop - £240 (we spend about £60 per week, sometimes more sometimes less)

There's also things I pay annually such as:
TV license (£145 I think)
Contents insurance (£90 last November)
Water I pay twice a year which is around £160 (so £320 for the year) - this includes both used and waste water and we're on a water meter.

Think that's everything, I'm actually in the process of reviewing our finances and thinking about how we can cut back in prep for honeymoon saving which is later this year!
 
3 bed terrace in Bristol:

£725 - Rent
£60 - Gas/Elec
£12 - Water
£160 - Council Tax
£12.50 - TV
£65 - Broadband/Virgin

There are some annual bills like contents insurance which you can pay monthly.

Currently trying to buy a house but Bristol is a nightmare. Everything is sold before we get a chance to view it!
 
in south london, 2 bed house -;

rent - £1000
tax - £120ish
gas/elec - £42(sure as hell using more)
water - £11ish/month
contents insurance - £11/month
internet/subscriptions - £60/month
food - £240/month - my and my brother sharing a house
 
We got one bed flat and ours is something like;

Rent £575pm
water £25 or so now that it went down
electricity varies from £40 - £100 depending how much we use.
ctax is £100
Internet about £13
food this can be anything from £100 - £300. Started saving out on it more now though and no take outs recently too.

Then there is other bills like phones and car etc.
 
rent £750 gone up £100 :(
council slave tax - £100 including single discount
electricity - £100 (include heating)
water - £20
Internet - £40

£1000 per month for one bed in romford.

The biggest cost with moving in to renting one bed is the deposit + first month rent which is usually 6 weeks rent as a deposit and 1 month rent. I had to put it on the cc. Then there is agent fees unless you have private landlord £200-300 depending on how much of thief the agent is.

Then you need all the furniture and that all adds up, kettle, toaster, cooking stuff, couches, beds and so on. Easily another £500 for basics if you have nothing.

£2300 to move in then another £500 for random stuff like spatulas and hoovers.
 
2 bed flat in Caerleon for myself and gf

£510 - rent
£80 - council tax (10 months a year)
£12.50 - TV licence
£41 - Sky TV, broadband + line rental
£48 - electricity + gas
£20 - water
£9 - contents insurance
£200-250 - supermarket
£52 - both our phone contracts
 
My girlfriend and I have a two bedroom flat and our costs per month are:

Rent: £520
Council tax: £100
Water: £42
Gas and Electric: £77
Internet/phone/tv: £32
TV License: £147.50 (per year)
Contents insurance: £12
Food: £200

Then there's car running costs (fuel, MOT, tax etc) and mobile phone bills.

Including all that stuff, our yearly household costs are about £13.2k. That's not including birthdays, Christmas and other random spending though.
 
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i has someone living on my couch for £50 a month and they thought they were hard done by :-| there cry now they have got there own flat

op if your living at home stay there as long as you can
 
Studio in south london with 2 sharing

Rent - 575/mo
Water - 240/yr
Council - 110/mo
Eleccy (damn storage heater!) - 60/mo
tv license - 12/mo
home insurance - 15/mo
food shopping - 200/mo though usually less, we budget up to 50 a week
Subs and entertainment - 25/mo
Internet/phone (think virgin are ripping me a new one) - 39/mo
 
Unless you like me and don't cook then you can escape the requirement for spatulas. You soon realize just how much you take spatulas for granted. You won't be laughing when you trying to flip an egg with a fork. I know what you thinking, i could just make scrambled egg... its not that simple.
 
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I don't actually know the full cost of the property, but my small double in a 3 bed flat in Wimbledon is £700 rent + £100 for all bills.

:(
 
anything I don't mind said:
Unless you like me and don't cook then you can escape the requirement for spatulas. You soon realize just how much you take spatulas for granted. You won't be laughing when you trying to flip an egg with a fork. I know what you thinking, i could just make scrambled egg... its not that simple.
Click to expand...

My current spatula has melted a bit at the end. Currently going over my finances to see if I can afford to take out a small bank loan over 3 years to replace it. Scary times :(
 
Thanks to everyone for the speedy responses, didn't expect so much so quickly. Really has helped me a lot.

I'll beware of the wallet raping spatulas.
 
2u44q5f.jpg
 
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