P2L

Following on from BEVS suggestion, I though I'd start a new thread based on OUR monthly costs

We are in rented accommodation at the moment, so our costs are different to a home owner (no rates or water to pay for).We live in a 4 bed modern house and have a heatpump and electric cooking facilities. This does not include any food clothes, days out or pocket money

There are 2 adults and 3 children

Here goes

$1738 RENT
$275 ELECTRICITY
$220 FUEL FOR CAR
$120 RUNNING COSTS FOR CAR (service,wof reg, road user charges etc)
$150 SCHOOL CHARGES&DONATIONS/UNIFORM
$87 HOUSE INS.
$79 MEDICAL INS.
$73 LIFE INS.
$65 PHONE
$60 BROADBAND
$45 MOBILE

$2912 TOTAL

Hopefully this is helpful to anyone reearching a move at the moment and it's always good to compare your costs to others just to see if we can trim anything off anywhere

HTH

pleccy2000

I'll throw mine in for comparison...

2 adults, renting in Welly

$1840 RENT
$150 ELECTRICITY (heat pump heated bunglaow)
$200 FUEL FOR CAR
$47 RUNNING COSTS FOR CAR (service,wof reg, road user charges etc)
$45 CAR INS.
$48 CELL PHONE
$120 BROADBAND
$450 SUPERMARKET

$2900 TOTAL

Genesis

To give you an idea of salary....$64 ish K will give you about $1950 per fortnight. Thats for some one on normal tax. Once you have PR you will be able to claim tax credits..the more kids you have and the less you earn the more you get!!

irnbru14

Neither of which of course include any potential car finance payments of course.

And remember you need a bond and rent up front for any rental property!

P2L

IRNBRU is that a manic laugh you have there hun? I can sympathise if it is cos believe me I can laugh like a maniac when trying to balance the books some months too

lardyl

remember though you can't claim tax credits and the temporary overseas tax exemption, so if you go for tax credits you will have to pay tax on any rental income in the UK, etc, etc.

AngelaandJim

Hi

I,ve come across a great web site for all kinds of budgeting www.sorted.org.nz
It may help if you have a rough idea of what you will earn in NZ

Angela

BEVS

You're right. 'Sorted dot Org ' is a brilliant site. Have some karma coz you only have one little blue box.

AngelaandJim

Aww thank you Bevs
Think it will be helpful for people who have rough idea of what they may earn or what they will need to earn to have a decent life in NZ

Am Loolah

Food? Wine? Strippers?

Genesis

That's interesting..alas like the 3 yrs for Citizenship (now 5) I missed the free 4 year boat for new emigrees thus pay UK tax on my measly bit of UK interest. But its a word of warning to those claiming the 4 year exeption on UK earnings that they'll not get tax credits aswell.

lardyl

??? bit like a rather large budget "black hole"....

Also how about child care?

Although the ECE gets you some of the first 20 hours for 3+ year olds the costs of sorting kids in the holidays, etc should be taken into account, as you are unlikely to have immediate family to sort the kids with - bear in mind you are unlikely to get the same holidays (as an adult) as you had in the UK and the kids are usually left with holiday clubs, etc. and you are more likely to have a sick leave allowance and that this will come into play if the kids are sick over a certain number of days.

If you are badly off and need help with child care then go to the WINZ website and check out the subsidies for childcare and OSCAR.

zoglet

This is really useful information for budgeting - does anybody else have these kinds of figures they would be willing to share?

Bo-Jangles

For us two adults and a greedy cat:

Mortgage $700 per fortnight
Building Insurance $23 per fortnight
Car & Contents Insurance $98 per month
Food Shopping $145 per week
Phone & Broadband $120 per month
Local Rates $279 every 2 months
Plus, Auckland Region Rates $330 for year
Water Rates $70 every 6 months
Electricity - erm $170 ish per month (last bill for June 09 humungous $350)
Petrol $50 per fortnight (little car)
Car Service $200 per year
Car WOF $45 twice a year
Car Rego $388 for year

Might add we also have one company car and mobile phone for which we pay nothing.

bourbon-biscuit

That's the bit that scares me- I pay less per month for leccy here in Oz than I paid per fortnight in NZ!!!