- Joined
- 13 Nov 2009
- Posts
- 11,666
- Location
- Northampton
This is definitely something to consider.
My situation for example -
A. I live at home, pay £75 a month rent with all my food paid for, washing completed etc. Spend approx £400-450 on fuel, receive approx £200 back from work. Therefore my total living/fuel outgoing is approx £325.
B. Move close to work and flatshare at a cost of £350 including bills. I'll now have to pay for food, factor in £30 a week for that (being generous). Still have to spend a bit of money on fuel, approx £20 a week. Therefore my total living/fuel outgoing is approx £550 (doesn't include house insurance).
At the moment, it is more cost effective for me to live at home and put up with the commute.
I'll definitely be moving out, just a case of when.
This is my train of thought at the moment I currently live with my parents and pay a similar amount in rent to you. If I was to moved my increase in outgoing living closer would leave me worse off financially but would free up a couple of hours travel time a day.