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London living costs

7 replies

Bimster · 06/05/2022 07:47

Can anyone give me a steer on typical living costs for a young single person living in London (zone 2). Accommodation is covered (small 1 bed flat) but not bills or council tax. If you had £1.1k a month (net), how would that go?

OP posts:
OnlyFoolsnMothers · 06/05/2022 07:51

council tax with a single person discount maybe c. £75 a month
travel zone 2 monthly travel card £110.60
water, single person maybe £30 a month
gas n electric £100-£150 a month
food £40-£60 a wk from aldi
broadband?
phone?
tv subscriptions?
any insurances ?

aside from accommodation, London living isn’t more expensive

Bimster · 06/05/2022 07:57

That’s really helpful, thanks.

OP posts:
averythinline · 06/05/2022 07:58

Basic living costs may not be too much but going out can add lots if they drink eg £6 a pint....eating g out dearer ....there are lots of things to do and bargains to be had like £15 tickets at the national theatre and often there are offers for younger people...but that still needs disposable income...

Nightmanagerfan · 06/05/2022 07:59

I think that would be fine as long as spending was kept in check and some money saved for unexpected expenses. It’s easy to fritter away cash on coffees, lunches, drinks after work etc, but being organised can help.

I was single and earning similar at one point in my 30s, and managed fine.

Bimster · 06/05/2022 10:13

Thank you, everyone.

OP posts:
AllTheChaos · 24/03/2023 20:06

I’m in a house in zone 2. One adult, one child. Costs that would be roughly the same are:
Council tax: £101 (after the 25% discount)
Water: £15
TV license: £11
Contents insurance: £25
Travelcard: £110
Gas & electricity: £100
Broadband + cable TV: £60

They will also have to pay for their phone, maybe a service charge. So could be £700ish a month. That’s with turning things off a lot and not putting the heating on. If no service change then maybe £600 ish a month. So £300-£400 a month for food and fun. Definitely doable if they budget, and put a bit aside each month for emergencies etc. Won’t leave lots for luxuries but if they can live cheaply then they’ll be fine.

AllTheChaos · 24/03/2023 20:07

Sorry that should be £100 less on those figures - brain going peculiar! So £400-£500 left to live on!

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