Can I compare my costs abroad to yours?

[Seeusernamehistoryy]

I live abroad and want to compare costs, I’m in euros but will covert to pounds.
Can anyone tell me if they pay more than me, less, similar and any feedback

Monthly income: £2,600

Payments etc per month:

Mortgage: £600
Electricity: £80
Water: £40
Car: £100
Motorbike: £70
Health insurance: £30
Car insurance: £20
Petrol: £100
Food: £350
Tv/internet: £40

Working out where we’d be better off-have one young Dd, Dh works Mon -Fri-8-5.30.
I work two evenings and Saturday morning

Feel like everything is so expensive compared to the wages you get where we are. We’re lucky at least that our mortgage is small as rent where we are is 3 x our mortgage

Are these your costs (as in your share) or total joint costs?

Our household income is about £4.5k (excl BTL)
Joint costs

Mortgage: £1250
Electricity: £167
Water: £50
Car: £350 (2) inc insurance
Petrol: n/a ours are EV’s
Food: £600
Tv/internet: £50
Council Tax £250
House insurance £100
Critical Illness £48

It depends on what income you'd have if you worked here I guess. What is the equivalent salary in pounds? And where would you want to live.

Those costs look low but it's all relative.

Where do you live?

Bills seem less than mine.

Our mortgage for a very modest 3 bed semi-detached house outside London isn't far off your monthly income 😏

Difficult to say. If you’re paying £600 mortgage on a 1 bed flat or 4 bed house and levels of equity. What car do you drive will effect cost and insurance. Water costs are the same for me, our wnwegy on 3 bed house is £200, health insurance for 1 person @ 35 YO is £90 but very comprehensive. It’s all relative and not necessarily comparable.

I don't understand these threads. How long is a piece of string? Do people genuinely not understand that incomes and expenditures differ vastly?

@Seeusernamehistoryy ehat do you and your husband do?
where do you want to live in the UK

@Cobblersorchard This is both our incomes together (v low pay compared to U.K.)

@Swissvisa Fairly low amount left to pay on mortgage-£100, 000
3 bdrm, 3 bathroom house

Depends where you live

Also, how big your house is etc etc

£600 mortgage for a mansion or a small home??

Ok, just seen house specs

@theeyeofdoe I work in education, Dh skilled manual worker/management

Cornwall ideally

@Nottactile Southern Europe

@IAmASpoon I’m guessing your wages are much higher than ours though 😬
We’re lucky with the house that we bought years ago and got a good deal and only a small amount left to pay. We’d be screwed if buying or renting where we are now, rents are 2-3 x plus higher than our mortgage

Mortgage £610pcm on £64k balance.
Elec and gas £175
Water £25
Car is owned outright
Car insurance 200
House insurance £25
Fuel £120
Car tax 20
Council tax 230
Groceries 500
TV 35
Mobile phone £20

Plus treats, gifts, outings, celebrations, holidays, school costs, clothes, haircuts, dentist, prescriptions, contact lens, house maintenance, car maintenance, DD's extra curricular activities etc.

South east England. 3 bed semi costs approx £700k.

Take home maybe twice your salary, but obviously pay a lot more than twice your mortgage 😅 We don't even live anywhere exciting! It's a bit of a dead commuter town, hence the price I suppose. Ah well!

For me:
Rent 1750
Hot water and communal bills 235
Electric 40
Cold water (213/3) roughly 70
Insurance roughly 50
Health insurance (Dd and I - both overseas)

Are you in Portugal or Spain?

Surely your car insurance isn't £200 a month????

You can't compare mortgage costs country to country as X percent on a loan is X percent. It's more property to property. Our mortgage is £750 on a 4 bed townhouse but that's no use to you as we bought it 12 years ago and later secured a 10 year fixed rate of 2%. It'd be approx 4.8% to remortgage now.

However I can tell you we have one child and our electricity, water and food bill is higher than yours.

@BMW6 you're right! My mistake - it should read £20 pcm.

My car isn't worth much more than £200 😄

Income £6500
mortgage £1300
gas and electric £200
water £35
internet £40
council tax £200
car insurance £35
house insurance £40
health insurance free with work and also we have NHS
food £400

we also have high childcare costs of £1000 a month for nursery and school wrap around

You're only working about one day a week, isn't that the main reason your joint income is low? Your outgoings seem reasonable enough.

I don’t think your joint income sounds that low if you’re working, what - only about 12 hours a week?

Mortgage £765
Energy £155
Water £35
Car insurance £100
Petrol £150
Food £500+
TV/Internet £32
Mobile contracts £110

Everything else for DCs...don't ask
I live in London