cubeonly

Hi,

I have been offered an engineering job in Perth, AUD 1600 dayrate. I would work about 220 days a year. Superan comes out of the AUD 1600. I reckon my net dayrate would be about AUD 950 (with LAFHA factored in).

Local terms, so rent etc., car, flights home, etc. all to my account.

I would be in Perth while family stay at home in UK.

I am not sure, noting that Perth appears an expensive place to be.

I reckon I would spend approx. AUD 70,000 per year in rent, utilities, car purchase payments, insurances, food, entertainment.

Is it enough? Would I be able to save about AUD 60,000 a year?

Cheers!

asprilla

Well, assuming that you are taking home $950 per day x 220 days ... and you estimate costs at $70k... then of course it is more than enough ? Or perhaps I am misunderstanding your post.

cubeonly

Asprilla thanks for your reply.

The potential unknown to me, and hence my post, is the cost of living in Perth. The dayrate offered is double what I can expect to get in my line of work in the UK, so I'm nervous that the reason it's double is because Perth is very expensive and therefore I might not be any better off considering I would blow AUD 70,000 in Perth (plus I reckon AUD 12,600 a year in flights to and from UK)!

Cheers,

asprilla

There's plenty of good info on cost of living on this forum, use the search function to find the relevant threads. $80k for a single person in Perth is a very good budget in my opinion. Even if you end up spending $120k you'll still achieve your savings goal (if my maths is right).

irishbloo

Whether you could save $60,000 a year depends if you have to send money home to to your family in the Uk.If you can save $60,000 you will be doing well.I got paid today and it was gone in one afternoon.Mind you,it was only $100.

chris and farideh

Oh you are just like me I spend my earning before even it reaches my account.

Amazulu

Perth is expensive but COL is not double that of the UK. Overall a bit more when everything is factored in (caveat being that this is for residents living here permanently. If you are temp then costs are usually higher - wherever you live).

cubeonly

Thanks Irishbloo; good point.

My wee spreadsheet indicates the following per year:
> Net pay = AUD 964 x 220 days = AUD 212000

> Cost of me living as single in Perth = AUD 70,000
> Cost of flights to and from UK = AUD 13,000
> Send money back to wifey back in UK = AUD 60,000

> Which leaves AUD 69,000, as savings etc.

Is AUD 70,000 a sensible budget for me as a single in perth?

Cheers,

NKSK version 2

Are you seriously suggesting that you need to ask if knocking on $200K is enough to live on?

Are you winding us all up? I'm not quite sure how to untangle the irony that someone apparently worth $200K a year doesn't have sufficient ability to figure this out without posting the question.

Are you just blindly fishing for compliments?

irishbloo

Just checking, but do you like bananas.

cubeonly

Hi NSK...

Well, my problem is having trawled the web I am not getting a clear picture of the cost of living in Perth and whether it's spiralling.

Then the company offers me double the day rate I would expect to get in UK (why? I ask myself!).

Which adds up to making me nervous about the whole thing. I feel there's a catch.

In my experience, if something looks too good to be true, then it's too good to be true.

That's where I'm at, plain and simple.

Cheers,

cubeonly

Actually yes I like them very much.

irishbloo

You might struggle on $70,000 then unless you just eat them at weekends.

cubeonly

How much are bananas then?

cubeonly

How much for a pint of Stella in a pub?