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~Cost of Living Comparisons

~Cost of Living Comparisons

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Old Feb 21st 2010, 8:45 pm
  #31  
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Default Re: ~Cost of Living Comparisons

Originally Posted by MartinLuther
Looking at it from another angle. I reckon the COL is $2:£1. That is you need twice as many $s as £s to get the same cost of living. Obviously regional and personal variations apply.
I earn 24K GBP in the UK but I have been offered 56K AU$ for Victoria (Mornington) so by what you're saying, I should be ok?
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Old Feb 21st 2010, 10:04 pm
  #32  
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Default Re: ~Cost of Living Comparisons

Originally Posted by wilson01
I earn 24K GBP in the UK but I have been offered 56K AU$ for Victoria (Mornington) so by what you're saying, I should be ok?
As a rough rule of thumb you should be okay but you can't sue me Although there is a potential trap, in that, if you take up some new lifestyle option (e.g. windsurfing) you make your COL higher.

Last edited by MartinLuther; Feb 21st 2010 at 10:07 pm.
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Old Feb 21st 2010, 10:07 pm
  #33  
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Default Re: ~Cost of Living Comparisons

Originally Posted by MartinLuther
As a rough rule of thumb you should be okay. The only potential trap is that you take up some new lifestyle option (e.g. windsurfing) which could make your COL higher.
Nah, I won't be doing anything like that. We will be doing pretty much the same as we are doing now in the UK, but in nicer weather
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Old Feb 21st 2010, 10:09 pm
  #34  
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Default Re: ~Cost of Living Comparisons

I exist in the UK, I live in Australia.

Cost is unimportant.
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Old Feb 21st 2010, 10:18 pm
  #35  
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Default Re: ~Cost of Living Comparisons

Originally Posted by DeadVim
I exist in the UK, I live in Australia.

Cost is unimportant.
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Old Feb 21st 2010, 10:24 pm
  #36  
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Default Re: ~Cost of Living Comparisons

Average Male Full time total earnings:
May-09
Australia: $70,038 per year
UK: £27,552 per year.

Therefore, based on your figures
$56,000 = 80% of the AUS average
£24,000 = 87% of the UK average

But what is 'average' in each country ?
 
Old Feb 21st 2010, 10:26 pm
  #37  
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Default Re: ~Cost of Living Comparisons

My figures are here: http://britishexpats.com/forum/showthread.php?t=655521
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Old Feb 21st 2010, 10:30 pm
  #38  
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Default Re: ~Cost of Living Comparisons

Originally Posted by ABCDiamond
Average Male Full time total earnings:
May-09
Australia: $70,038 per year
UK: £27,552 per year.

Therefore, based on your figures
$56,000 = 80% of the AUS average
£24,000 = 87% of the UK average

But what is 'average' in each country ?
What's that after tax?
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Old Feb 21st 2010, 10:36 pm
  #39  
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Default Re: ~Cost of Living Comparisons

ABCD, if I was earning GBP32500 in provincial UK in 2001, what should I be earning now in big city Oz to stay at the same level?

(The answer will probably make me weep but life is not all about money. )
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Old Feb 21st 2010, 10:49 pm
  #40  
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Default Re: ~Cost of Living Comparisons

Originally Posted by Seasider
ABCD, if I was earning GBP32500 in provincial UK in 2001, what should I be earning now in big city Oz to stay at the same level?

(The answer will probably make me weep but life is not all about money. )
In Sydney about $200,000.
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Old Feb 21st 2010, 10:59 pm
  #41  
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Default Re: ~Cost of Living Comparisons

Originally Posted by Lord_Farquar
In Sydney about $200,000.
Good job I married well, then.

It's a serious question, more out of interest than anything else, although one I could work out myself if I wasn't so lazy - and I wouldn't want to deprive ABCD of some number crunching.
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