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Old Sep 19th 2009 | 1:14 am
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Default Is this enough ?

Apologies for this question I know its been asked numerous times but tried the search with no real luck.
Im trying to do sums on how much I would need p/m to live on.
Im thinking of NS in a standard 4 bed around $400,000, with no mortgage.
Do you think $2000 a month would cover every house hold bill, (no car)
Should mention we are a family of 4.
Many thanks
 
Old Sep 19th 2009 | 2:06 am
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Default Re: Is this enough ?

Originally Posted by kevinm
Apologies for this question I know its been asked numerous times but tried the search with no real luck.
Im trying to do sums on how much I would need p/m to live on.
Im thinking of NS in a standard 4 bed around $400,000, with no mortgage.
Do you think $2000 a month would cover every house hold bill, (no car)
Should mention we are a family of 4.
Many thanks
Most people's experiences suggest that the cost of living doesn't differ substantially from the UK.

So you could ask yourself, if I am mortgage free could I live in the UK with a family of 4 on just over £1000 a month?
 
Old Sep 19th 2009 | 2:12 am
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Default Re: Is this enough ?

Originally Posted by bodgerx
Most people's experiences suggest that the cost of living doesn't differ substantially from the UK.

So you could ask yourself, if I am mortgage free could I live in the UK with a family of 4 on just over £1000 a month?
Thanks for your reply, that is what I was thinking / hoping. Cheers
 
Old Sep 19th 2009 | 2:19 am
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Default Re: Is this enough ?

Originally Posted by kevinm
Apologies for this question I know its been asked numerous times but tried the search with no real luck.
Im trying to do sums on how much I would need p/m to live on.
Im thinking of NS in a standard 4 bed around $400,000, with no mortgage.
Do you think $2000 a month would cover every house hold bill, (no car)
Should mention we are a family of 4.
Many thanks
No chance,Groceries alone will eat up half of that.Also why spend so much on a house?Bigger the gaff,the more the heating bill.Do not believe $400,000 is standard for a house in NS.

Last edited by Flogger; Sep 19th 2009 at 2:21 am. Reason: poor speiling
 
Old Sep 19th 2009 | 2:22 am
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Default Re: Is this enough ?

Originally Posted by Flogger
No chance,Grocceries alone will eat up half of that.Also why spend so much on a house?bigger the gaff more the heating bill.Do not believe $400,000 is standard for a house in NS.
Most the houses l see that I think would be ideal ar emor elike $500,000 I guess it depends on where you go and what you want.

Currently we easily get by on 1k a month, all bills and food. Roughly allow £100 p/w for food, so £600 for just bills.
 
Old Sep 19th 2009 | 2:30 am
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Default Re: Is this enough ?

Originally Posted by kevinm
Most the houses l see that I think would be ideal ar emor elike $500,000 I guess it depends on where you go and what you want.

Currently we easily get by on 1k a month, all bills and food. Roughly allow £100 p/w for food, so £600 for just bills.
Where are you looking?

I think it would be one hell of a struggle,and not much fun. can't see why you would want to sit in a mansion,freezing cold because you can't afford to heat it.
Sorry.
 
Old Sep 19th 2009 | 2:32 am
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Default Re: Is this enough ?

Originally Posted by Flogger
No chance,Groceries alone will eat up half of that.Also why spend so much on a house?Bigger the gaff,the more the heating bill.Do not believe $400,000 is standard for a house in NS.
Agreed.
 
Old Sep 19th 2009 | 2:33 am
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Default Re: Is this enough ?

Originally Posted by kevinm
Most the houses l see that I think would be ideal ar emor elike $500,000 I guess it depends on where you go and what you want.

Currently we easily get by on 1k a month, all bills and food. Roughly allow £100 p/w for food, so £600 for just bills.
A quick search on Realtor.ca reveals approx 300 properties between 225 and 400. 44 properties between 400 and 550. I guess you are into the 'more exclusive' abode?
 
Old Sep 19th 2009 | 2:36 am
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Default Re: Is this enough ?

Originally Posted by Flogger
Where are you looking?

I think it would be one hell of a struggle,and not much fun. can't see why you would want to sit in a mansion,freezing cold because you can't afford to heat it.
Sorry.
http://www.realtor.ca/propertyDetail...ertyId=8705431
I wouldnt say this is a mansion and at $370 that is only just under $400 so not much difference.

To answer my question then it is more expensive to live in NS then it is in the UK, because if 1k is doable here in a ok sized 4 bed with 2 kids and no chanve in NS.
 
Old Sep 19th 2009 | 2:38 am
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Default Re: Is this enough ?

Originally Posted by kevinm
http://www.realtor.ca/propertyDetail...ertyId=8705431
I wouldnt say this is a mansion and at $370 that is only just under $400 so not much difference.

To answer my question then it is more expensive to live in NS then it is in the UK, because if 1k is doable here in a ok sized 4 bed with 2 kids and no chanve in NS.
Its hardly a shoe box on a postage stamp lot either
 
Old Sep 19th 2009 | 2:40 am
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Default Re: Is this enough ?

Originally Posted by Butch Cassidy
A quick search on Realtor.ca reveals approx 300 properties between 225 and 400. 44 properties between 400 and 550. I guess you are into the 'more exclusive' abode?
and probably same again below 225.
If you will only have $2k a month (presume before tax,but hope after).You have to be smart with what you spend "your moving over cash" on.
 
Old Sep 19th 2009 | 2:42 am
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Default Re: Is this enough ?

Originally Posted by kevinm
http://www.realtor.ca/propertyDetail...ertyId=8705431
I wouldnt say this is a mansion and at $370 that is only just under $400 so not much difference.

To answer my question then it is more expensive to live in NS then it is in the UK, because if 1k is doable here in a ok sized 4 bed with 2 kids and no chanve in NS.
Oh that will be a tight squeeze
 
Old Sep 19th 2009 | 2:43 am
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Default Re: Is this enough ?

Originally Posted by Butch Cassidy
Its hardly a shoe box on a postage stamp lot either
Agreed, probably not the best example I could find really.

2k would be after tax, I would have more but I really wanted to know if like was like, 1k here 2k there (roughly converted I know)

Ive looked on mls loads and houses under $300 I think ar ehard to find that are commutable to Halifax and look decent. I maybe wrong, but if you have a example id be pleased to see it.
 
Old Sep 19th 2009 | 2:45 am
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Default Re: Is this enough ?

Originally Posted by kevinm
Agreed, probably not the best example I could find really.

2k would be after tax, I would have more but I really wanted to know if like was like, 1k here 2k there (roughly converted I know)

Ive looked on mls loads and houses under $300 I think ar ehard to find that are commutable to Halifax and look decent. I maybe wrong, but if you have a example id be pleased to see it.
At least you are comming down to $300,000
 
Old Sep 19th 2009 | 2:48 am
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Default Re: Is this enough ?

Originally Posted by Flogger
At least you are comming down to $300,000
I have seen a couple @ 300 that would be totally acceptable.
this one looks great however bit far away.

http://lunenburghouse4sale.com/ Would you say this is big ?
 


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