What are your monthly living expenses?

[Laurajean]

Quote:
But isn't the question what your expenses are? Not what we pocket, but what our expenses are.

 

[Mac in Wisco]

Ours is up there, but I keep a detailed budget that includes setting aside money every month for Christmas, vehicle repairs and tires, vehicle registrations, medical, clothing, winter heating, emergency fund, etc. That levels things out throughout the year so we aren't trying to scrounge up money to pay for the more infrequent things that come up.

 

[silkiechicken]

Apt living is cheap compared to back home. Family pays more per month in Property Tax ALONE for 7 acres than I spend living in condo for school. Good thing house and land has been paid off for 60+ years.

 

[rebelcowboysnb]

Ya might as well do one on income to Nifty. That would be interesting.

 

[Mac in Wisco]

Who lives on under $500 a month? Does that include housing, transportation, food, clothes, etc?

 

[Cindiloohoo]

Quote:
Probably has a paid for home, paid for car, and grows a lot of their own food. Hey, less is better! Probably someone pretty darn self sufficient. I hope to be there one day soon

 

[Mac in Wisco]

Quote:
Probably has a paid for home, paid for car, and grows a lot of their own food. Hey, less is better! Probably someone pretty darn self sufficient. I hope to be there one day soon

Even a paid for home has taxes, insurance, utility bills...

 

[Cat Water]

I live with my parents.

 

[michickenwrangler]

Our house is paid off

However I think the horse offsets that

 

[Cindiloohoo]

Quote:
Probably has a paid for home, paid for car, and grows a lot of their own food. Hey, less is better! Probably someone pretty darn self sufficient. I hope to be there one day soon

Even a paid for home has taxes, insurance, utility bills...

My yearly taxes are $500 or 42 a month, yearly insurance is $700 or $59 a month. I think I could get down to $500 a month or less fairly easily once the house is paid off. Ours is 3 bedroom 2 bath on 1.488 acres, so not that expensive actually.

ETA: Utilities are around $125-150 average here.