Is it possible to live on this amount of money?

[MoneyQuestion79]

No state help at all salary (after tax) of 15,300 per year. £1275 per month
Rent £400pcm for a flat. Would £875 be enough for food, bills etc?
I know it’s a bit ambiguous but assuming minimal Internet package and no TV and a basic/cheap food spend, would I Be alright? I’m a single woman, no kids.
Thank you in advance for any insight

What would your travel costs be?

Yes as long as you have no debts.

You'll be fine on that. I lived on a similar amount with the same sort of rent as a single person.

It sounds like just enough. I rented a flat for slightly more than that while on a similar salary, but that was years ago and cost of living will have gone up a lot since then. How much is the Council Tax?
I think you would get by but you wouldn't get many treats or be able to save much.

No debts no travel costs (it’s within walking distance to work).

Yes it will be enough

I think after single person discount council tax would be £70 a month but I don’t know how much utilities etc are though.

Whereabouts in the country?

Yes, you’ll get by on that. Make sure you get your single person discount on council tax and the best rates for utilities. I use utility warehouse but it’s not for everyone.
Travel costs are the other biggie - will you run a car or use public transport?

Yes!

Yes that should be plenty!

Just for one person?

Of course!

Have you looked up the costs of council tax/tv licence/ insurance/ phone/ etc?

How much roughly would your bills be?

yes, it will be fine. definitely don't forget the council tax discount, I made that mistake when I first lived alone - claimed it back, but for some reason thought that the bill I was sent originally included the discount.

Ah, no travel costs, that’s good.
So you need gas/electric, phone, broadband, water.
For a flat you can probably get that for £100-£150.

Yes, i've done similar and had car finance and a fair bit of petrol costs due to my commute. Some months were a bit tight if I had an unexpected cost but it was fine.

U should be fine with that

I’m trying to research the cost of bills but honestly feeling a bit lost I found the council tax band and rate and I found a cheap internet package for £19 a month but I’m feeling a tad lost otherwise, it’s all new to me.

Is that for a flat share ?

If not, you’re CT is too low. And so is your rent.

can you ask the landlord for an estimate on the other bills?

I'd factor in where and how you will food shop. If you have no car and are reliant on smaller shops it could be double of say Aldi or Lidl.

I'm in the North East. I pay £30 mobile phone. £120 for gas+elec in a 4 bed, 3story house. £12 TV licence. £15 basic sky TV. Water is £40 a month (I think). £60ish a week for an adult and 2 toddlers shopping. So I think for just yourself you should have plenty

@WH1SPERS depends where op loves. I payed £475 for my 2 bed house in a nicer part of my area.

WH1SPERS - There are lots of areas of the uk where you can rent a flat for £400pcm! Rent can be whatever the landlords says it is.

OP your council tax estimate does seem cheap though. Even with 25% single person discount I was paying £90 a month (in the Midlands).

Is that for a flat share ?

If not, you’re CT is too low. And so is your rent.

Maybe where you live, but round here that sounds about right.