DJMA

Over the past few weeks I have been trying to work out what the cost of living a similar lifestyle to ours here in the UK may be in Australia. It involved visiting loads of websites for quotes, to gather info etc. I am happy the results are fairly accurate, but I could be wrong. There are 4 of us, 2 kids ages 10 and 4.

I used Coles online shopping to do a test weekly shop. The food hasn't arrived yet, but maybe I should have opted for airmail. I have included a case of wine a month with the food. No champagne!

I also included calculations on a few gross incomes, to see what I would need to earn to be able to afford this lifestyle in Australia. I was a bit shocked to see it came to around $110,000 pa.

The document is saved as a Word 6.0 document in the hope anyone interested can open it ok. Apologies if you can't read the attachment.
You can send me a PM and I will try sending it to you in a different format.

My only other assumption is being based in Camberwell, Melbourne where I needed to give a location for a quote.

I will welcome any comments. Hopefully someone will say I am miles out and could easily live on $50k.

eintracht

You're immigrating to a new country and you're planning on spending $10,000 on holidays ? Unless you are all coming back to the UK each year I'd say thats a bit much.
We've worked out me and the wife (no children) can live comfortably on $45,000.

glittababe

I'd say that pretty much sums it up. Have kept a copy many thanks for that X

wildmark

I'm sure looking at the figures there a lots of things that you could save on, over $10,000 on holidays is a bit much and i'm sure you could get a decent house for half that amount per week.

Savings of $6k, I would have thought you would save whatever you have left from your salary.

Mark

Paul2004

......... and WHY does David have more than Julie? ...

Paul2004

I'm hoping to do it on a lot less, but maybe my estimate isn't as thorough ...

Have given the same for rent tho, as this is what we expect to pay for a decent property. There IS a lot lower, but we want something nice! ...

savings! ...

chaval

Cheers mate..quite useful, although i do agree with the comment on 10k for hols..

What about BBQ and the beer fridge expenses

manxfamily

Wow thats expensive.

Where are you going on your hols? Plenty of savings also, does that not go towards the holidays? Nice personal allowance also.

Maybe I should reconsider moving there, its obviously only for the well to do people!!!

spottydog

How do these figures compare for you to your UK costs & earnings?

Just curious since its something I haven't looked at in depth (only 2 of us and no kids so not overly concerned).

Vash the Stampede

What are these "sewerage rates" and "drainage rates"? I've never heard of such a thing; back home, I only ever paid council rates and water rates.

$2500 p.a. on clothes? Even for two adults and two kids, that's an awful lot. :scared:

Would you really need a case of wine per month? How much do you usually go through?

$107 pcm for home and contents insurance is astronomical; are you sure you can't get a better deal than that? I see that it's calculated on a rebuild of $400,000 and $114,000 contents, but these figures seem awfully high; why would you need $400,000 to rebuild a house, and what are you keeping in it that's worth $114,000? Gold bullion?

$10,000 p.a. on holidays? What's all that about?

manxfamily

Do you think Ill be okay then? Cos there is no way I am going to earn their ammount and I have 3 children also!!! :scared:

Vash the Stampede

Mate, you should be fine.

My parents had 4 kids, and we did alright.

manxfamily

Thanks for that - I was starting to worry!!!

possoms

Thats not a lot Julie come on put your foot down

marco121068

Nah - just go to the vineyard and buy a barrel