How much does life costs where you live?

Discussion in 'Economics' started by Debaser82, Oct 29, 2011.

  1. wireless internet $50/mo

    housing about $50/yr registration fee (my Subaru is paid for)
     
    #21     Oct 29, 2011
  2. I use about 600 gallons of gas per year, so an extra $5 per gallon is $3,000 for me. I drive about 10,000 miles per year right now. So high gas prices + low health insurance would be pretty much a wash for me.
     
    #22     Oct 29, 2011
  3. The numbers I mentioned are what you end up with in your pockets after taxes or what you have to pay for including taxes.

    I state that the average salary is 2300 K, it is 4000K before taxes.

    Gas is 3 times more expensive then many other examples given here.

    A Volkswagen Golf is 6K more expensive then in the US while we are next to Germany.
     
    #23     Oct 30, 2011
  4. Thanks for the post, you really get a great view on living expences there...
     
    #24     Oct 30, 2011
  5. achilles28

    achilles28

    Housing is so cheap in America. Everything *but* healthcare seems really cheap. In Toronto, average home price is 535K for mediocre on a postage stamp lot. Try >3K mortgage, after tax, of course. Pricey. A bubble, I think..
     
    #25     Oct 30, 2011
  6. Doji7

    Doji7

    I live in Santiago Chile, here it goes.

    Average monthly salary:300 US.

    2 bedroom apartment rent: 700 USS

    Average house price in my county: 350K

    Big Mac Menu: 7 USD

    Volkswagen Golf: 22 K

    1 Galon of gas: 7.5 USD

    1.5 Liter bottle of Coke: 1.75 USD

    Healthcare a year for my family: 4000 USD a year

    Doctor visit: 10 USD

    Plummer visit: 50 USD

    Private good school : over 6000 USD a year

    University: 10000 USD a year
     
    #26     Oct 30, 2011
  7. danielc1

    danielc1

    You are dreaming my friend...:D

    People still have to pay income tax at the end of the year on the numbers that you mention... depending on their situation as a family (how many childeren, partners income), house owner with a mortgage, and so on...

    If you realy dig how much belgian are taxed, then don't lose hope:
    If a boss pay's you 23OO , he realy pay's about 5500 dollars. The difference goes to the goverment. That is you social security payment for the needed, and healthcare...

    Then you buy stuff, that is taxed at 21% vat (or 6% for food items for example) and then you also have to pay income tax on the netto payment you have recieved on the end of the year...
     
    #27     Oct 30, 2011
  8. Mav88

    Mav88

    Life is how you define it, no? I am not sure what average means because there are so much disparity here is boring ol dayton ohio.

    Average Gross monthly salary: I would guess somewhere around US$4-5K a month per household. My wife and I are triple that but we live just like the average. Taxes are very high in this burb, there are even city income taxes here.

    2 bedroom apartment rent: $800 for the nicest and newest in safe neighborhoods, $300 a month if you don't mind getting shot

    Average house price: Inside of dayton you can get a house for a ham sandwich. Outside in the country/burbs: About $200K for a new 4 bedroom/basement on ~1/2 acre. Still kicking myself for not buying that small house on 6 acres for $130K. It had about 30 full grown walnut trees (worth about $1K each) and a horse barn, holy shit.

    Big Mac Menu: $6

    Volkswagen Golf: $20K I guess

    1 Gallon of gas: $3.50

    1.5 Liter bottle of Coke: hardly ever buy pop, but those big ass bottles can be bought for a buck on sale

    Healthcare a year: I don't understand, with the cost of insurance? Without we still spend quite a bit but I think most people spend far less, maybe $3K a year.

    Doctor visit: All over the the place, depends on what's wrong. You have to pay a lot by law if you are uninsured. We have a high yearly deductable, first $5K on us.

    Plummer visit: Just spent $80 labor on kitchen faucet installation, took them 40 minutes.

    School a year: "Free" and pretty good here, 5 miles away it is crap.

    University: $9000 per year (books, but not housing). Just put my son through 4 years at Ohio State. My ex and I gave him a complete ride including a used car. About $100K when you tally the whole. I had to drink cheap beer for a while.


    To really answer this question- I bet I could live just dandy by myself on $30K net per year here, even live in a house. With my wife we need minimum about $40K net before real hard choices would be made.
     
    #28     Oct 30, 2011
  9. Lucrum

    Lucrum

    Well that narrows it down. :confused:
     
    #29     Oct 30, 2011
  10. sle

    sle

    Toronto is not Canada, just like NYC is not the USA. My appartment in Manhattan, of a relatively modest size (about 1600 ft^2) is worth about two million :( and the maintenance plus taxes comes to 4k a month. From what i'd guess, its pretty avarage in my hood.

    I think comfortable living for a couple in the NYC starts at about 250k per annum. More if you have kids and want them to go to a private school.
     
    #30     Oct 30, 2011