Nurses General Nursing
Published Jun 24, 2002
Norbert Holz
65 Posts
I hear quite a few times that the cost of living is less in places. I al so hear that wages allow a person to live comfortably on less. I'd like to know what the cost of living is where you live. Please give a monthly estimate for your "middle class" standard of living. Anyone can sleep under a bridge and eat out of garbage or live on charity.
My estimates are:
Home $ 1500
Auto $ 1000
Utilities $ 250
Food $ 250
Entertainment $ 250
Retirement $ 250
General Expences $ 400
Credit Card $ 200
Total $ 4100 needed after taxes
add child support $ 800
$ 4900
add to net for taxes ( X 1.20 ) $ 5880 per month
$ 70,560.00 per year ! is needed for me to live at a "moddle class standard of living. Since I do not have a spouse to make the other half of the income necessary.
Please let me know what it costs to live "middle Class" Whwew you are. Also, tell me if I am out of line with any of these "Midle Class"figures.
Aussienurse2
180 Posts
O.K., Australia, small town three hours from Brisbane.
House- we paid sixty grand for the house ( Bigtime Bargain av.price ninety to one-twenty)
Groc- five hundred a fortnight ( four boys, hubby, dog, 3cats, bird, fish )
Car- About fifty a month on fuel and five hundred a year in rego.
Utilities- about a hundred a month.
Sports for the kids- sixty a week.
We dont have time to go out very often but when we do it costs a fortune because we deserve it!!
Hubbys on thirty-five grand a year before tax, I'm on twenty-five. We need about sixty to seventy to have a comfortable life and pay for the kids to go on to higher education. We also have a few investment homes for our retirement which pay for themselves.
Once I have my R.N.s it'll be onwards and upwards for us.
fergus51
6,620 Posts
This is monthly? I think your figures are high (especially home and car) or you might just be accustomed to a better middle class than me! Middle class to me is more around 40K american.
House: 1 200$ (mortgage payment on my townhouse)
Car: 600$ (1998 ford)
Utilities: 200$
Food: about 350$ (because I eat out often)
Entertainment: 200$
Credit card: Never carry more than 200$ balance, because credit cards are death to finances
Savings (retirement and my vacation fund): whatever is left
Which gives me 2 750 plus retirement and savings money. I manage to save a few hundred a month. I don't live extravagantly, but I am comfortable and I manage to take a good vacation every 2 years at least to satisfy my travellust.
I am in Canada and these are all Canadian dollars.
bassbird
135 Posts
I think I get off pretty reasonably, but we have been in the same condo since 1986 and have no kids
House - $520 (includes assoc fee)
Car - none, both are paid off 1993 and 1995
Utilities - $184 (includes internet access)
Food - $320
Entertainment - $30
Retirement - $830 max the IRA's and 20% of my paycheck
General - $150
Credit - pay it off every month
I start my nursing job in two weeks, it will be interesting to see how my paycheck looks.
kewlnurse
427 Posts
$1000 for auto? are you driving a Mercedes or a Porshe?
$250 for entertainment? Your obliously living pretty phat
Housing $700
Minivan $350
Utilities not sure, $150
Food, including diaper and formula, $500
Greens fees: $300 for May through october at a muny course, so $50 a month plus once or twice at a nice cour, another $70
CC bills, don't want to thing about it, about $300
Misc loans $400
Retirement? HAHAHAHA, gonna work till I drop dead.
Savings $0
Misc stuff $100
bhppy
41 Posts
Rent: $1000
Auto $ 250 (for 2 vehicles)
Utilities $100
Food $ 375
Entertainment $ 200
General Expences $ 200
These are in Canadian $$ housing is expensive out here but the rest, food, clothing is reasonably priced.
Sue
Ortho_RN
1,037 Posts
Well here is my bills in Arkansas (includes hubby)
Home $ 850
Auto $ 950 (2000 Xterra & 2002 Chevy Avalanche)
Utilities $ 200
Food $ 300 (eat out alot also)
Entertainment $ 150
Retirement $ not sure
General Expences $ 225
nursejws
149 Posts
Rent: $715 ($815 for two more months-pet deposit)
Auto: $950 (2 Leased)
Utilities: $250 (including internet)
Food: $300
Entertainment: $20
Credit Card: $650 (YIKES)
Insurance: $173(auto and renters)
General Expenses: $300
Retirement: $hmm, not sure, hubby set that up
Reality check!! When I get a job, which I hope to hear by the end of the week, those credit cards are getting paid off and cut up!!! We're in Dallas.
LasVegasRN
835 Posts
:balloons: No State or city tax, whee!! :balloons:
soon2bLPN
39 Posts
Home $430.00
Auto $270.00 (1998 Astro Van)
Utilities $ 300.00
Food $250.00
CreditCard $ 300.
Insurance $180.00
Hubby pay $250.00 in child support
delirium
629 Posts
What the hell? $1000/month for your CAR? Dang. Here's my breakdown:
Mortgage: $700
Car: $400 (that's payment and insurance for a Ford Mustang, insurance for the paid off Volvo, and my partner has a work truck that her employer pays for)
Utilities: around $250 (with internet)
Credit cards: $300 or more, if I can swing it... need to pay off those damn cards
Food: $250, a lot of convenience food
Entertainment: what's that?
Ebay: oh, that should have gone on entertainment. Currently I have whittled my ebay spending down to $100/month or so...
Medical bills: $100
I'm really looking forward to paying off the credit cards once I get out of school and maybe purchasing a newer vehicle.
pkmom
156 Posts
i think we eat too much
Food :$500, that includes stuff like laundry detergent, diapers, and eating out which we rarely do.
house: $615
Cars: 0 paid off
utilities: $250 including internet and security
credit debt: 0 for now
Entertainment: about$25 we rent movies
traveling: $100, family is in the next state
Insurance:car: $75
retirement: that's a dream, that will have to wait until I get out of school. oh yeah, tuition we are saving $100 a month hoping that will get us close enough.