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-   -   How much money do you need to make to live in your area? (https://gfy.com/showthread.php?t=527606)

mardigras 10-13-2005 10:46 AM

If I had to live at bare expenses I could do so at about $500 a month.
My place is paid for, that amount would cover utilities, phone, internet and groceries.

Edit: 50 costs of living :upsidedow

nofx 10-13-2005 10:48 AM

Quote:

Originally Posted by fuzebox
lol, you don't know what you're missing.

I kinda would like to live in a undevelop country now that I think about it..

somewhere where I could pay off cops and drugs flowed with ease

and I bet it's 3-4 times easier to get away with murder :)

squizzel 10-13-2005 11:03 AM

Anyone know what the most expensive country in the world to live is?

adultchica 10-13-2005 11:08 AM

In the Houston area, At Least 2500$ a month to pay for a rent or mortgage, utlities, vehicle payments/insurance, and food/gas. That's just for a regular apartment or small house, if you want to live in something swanky, well that is a lot. I have a friend paying over $5,000 a month in RENT but that's for a big ass house in the Humble area of Houston (rich).

Alky 10-13-2005 11:12 AM

Quote:

Originally Posted by adultchica
In the Houston area, At Least 2500$ a month to pay for a rent or mortgage, utlities, vehicle payments/insurance, and food/gas. That's just for a regular apartment or small house, if you want to live in something swanky, well that is a lot. I have a friend paying over $5,000 a month in RENT but that's for a big ass house in the Humble area of Houston (rich).

where in houston do you live?

broke 10-13-2005 11:15 AM

Quote:

Originally Posted by KRL
To live a middle class lifestyle you need to net about $5K to $10K a month

To live upper middle you need to net about $10K to $20K

To live carefree wealthy you need to net about $20K to $40K

To live great you need to net about $50k to $100k

To live like the rich and famous you need to net about $200K to $1 mil

To live the super rich lifestyle you need to do about $5 to $10 Mil

To live the ultra rich lifestyle you need to do about $50 to $100 Mil /mo


I've given you the benefit of the doubt (not sure why) -- please DEFINE each of the following:

middle class
upper middle
carefree wealthy
great


In a country where the average GROSS wage is $20,114.00/year -- do you honestly believe that one needs a NET income of $60K to $120K to be middle class?

ROTFL.

bigdog 10-13-2005 11:17 AM

Quote:

Originally Posted by adultchica
In the Houston area, At Least 2500$ a month to pay for a rent or mortgage, utlities, vehicle payments/insurance, and food/gas. That's just for a regular apartment or small house, if you want to live in something swanky, well that is a lot. I have a friend paying over $5,000 a month in RENT but that's for a big ass house in the Humble area of Houston (rich).

why does he rent for 5k instead of buying a home?

woj 10-13-2005 11:43 AM

Quote:

Originally Posted by discoparty
Here in Romania, $190/month is an average salary.
My 5 rooms apartment costed me $70K
I spend $500/month, and i live a nice life, always eating out and going out.
I could spend only $300 and keep a decent life style.
Romania is a great place to save some $$$$

Damn, not bad at all... over here you need to spend 10x of that to live a "nice life"...

broke 10-13-2005 11:45 AM

Quote:

Originally Posted by bigdog
why does he rent for 5k instead of buying a home?

Maybe Bush won't let him...

:)

EroticySteve 10-13-2005 11:54 AM

My monthly expenses.

Moped: Paid for $10 for gas
Tent: typically pitched in clearings and under overpasses free
Food: get by on what others throw away and give aways from generous passersby.

$10

KRL 10-13-2005 11:58 AM

Quote:

Originally Posted by broke
I've given you the benefit of the doubt (not sure why) -- please DEFINE each of the following:

middle class
upper middle
carefree wealthy
great


In a country where the average GROSS wage is $20,114.00/year -- do you honestly believe that one needs a NET income of $60K to $120K to be middle class?

ROTFL.

middle class would be the average high income group. Net worth in the $100K to $500K range.

upper middle are the corporate execs and professionals income group. Net worth in the $1 to $3 Mil range.

carefree wealthy would be the successful small business owners who do really well and can pretty much buy all the toys. Net worth in the $3 to $10 Mil range.

living great is when you got more money than you can spend even when you're buying the toys, but you still need to keep doing deals to support the lifestyle. Net worth in the $10 to $25 mil range.

rich and famous is when you've got huge income, you're living fantastic lifestyle, and you've got enough to stop working if you want to, and you're passive investments are able to sustain a huge lifestyle. Typically a net worth in the $25 to $100 Mil range

super rich is when you're a major player, worth over $100 mil but not a billionaire yet, and have so much money coming in you can't even manage your lifestyle yourself and need a team and assistants for all aspects of your life.

ultra rich is when you are a billion dollar and up player.

Elli 10-13-2005 12:01 PM

In the sunny Vancouver suburbs, I'd say minimum of $2500-3000Cdn a month to squeak by, unless you live somewhere crappy. I've got a nice enough place that I rent for 900$ a month.

Herb Kornfield 10-13-2005 01:36 PM

I bought at a time here 5 years ago when it was $100k got you a 3 bed 2 bath twin.

5 years later, the same houses are almost $400k in our development that we paid $100k for. The housing prices here are out of control to say the least....

$10k a month+ here and you can live very comfortably.

Jer 10-13-2005 01:47 PM

Our expenses are over $1500. We don't have a car and almost no social life (we spend some time with my wife's parents). Like TGF I don't buy dvd's, clothes or shoes... well, my wife buys some clothes and shoes. We eat out a couple of times per month, sometimes more. Simple but good life :)

KCat 10-13-2005 02:24 PM

I would love to move somewhere warm. I was looking at Vegas since there is a huge rental housing market, but it looks like I'd be limited to 183 days per year. Maintaining 2 homes that are both vacant for 6 months of the year sounds like a big headache.

Still searching...

inthestars 10-13-2005 02:33 PM

Quote:

Originally Posted by squizzel
How much would a decent 2 bed apartment cost in an ok neighbourhood in LA?

$1800 to a bit over 2000

natas 10-13-2005 02:51 PM

Quote:

Originally Posted by sweetcuties
I love these threads... everyone's situation and lifestyle is different. There is no magic #. As long as you can pay your bills, have money for a few toys and most important put "x dollars" away. Then your doing ok

thank you

inthestars 10-13-2005 02:58 PM

Quote:

Originally Posted by KRL
To live a middle class lifestyle you need to net about $5K to $10K a month

To live upper middle you need to net about $10K to $20K

To live carefree wealthy you need to net about $20K to $40K

To live great you need to net about $50k to $100k

To live like the rich and famous you need to net about $200K to $1 mil

To live the super rich lifestyle you need to do about $5 to $10 Mil

To live the ultra rich lifestyle you need to do about $50 to $100 Mil /mo


I think KRL is referring to what you need financially to live in a major city.

Webby 10-13-2005 03:00 PM

Quote:

Originally Posted by nofx
who the fuck would actually WANT(by choice) to live in a 3rd world country?

no fucking thanx, yea you might be rich in that country and be able to live off of $800/m but come to any real developed country and you'd be lower class shit.

LOL, have a nice life baller


Why are people leaving "real developed countries" and moving to "3rd world countries"?

OK.. Not primarily over money - they move because the quality of life is vastly superior. You may also be surprised at the standard of healthcare and education system in "3rd world countries". (OK.. ain't taking about the Congo)

I've never met anyone who escaped "real developed countries" who had any interest in returning to them. What for?

On the $800/month living costs - that is not what he earns. Earnings are the same irrespective of "rich or poor" country. He can bank the rest of his net revenue (and, can't say for that specific country), but often bank em tax free.

Try telling the "real developed country" govt you object to the crap air you breath and don't want to pay any more taxes and see what they say! :1orglaugh

BlackCrayon 10-13-2005 03:38 PM

i guess around 2500-3k depending. thats covering rent, car insurance, food, utilities. rent is 1k.

squizzel 10-13-2005 03:42 PM

Quote:

Originally Posted by inthestars
$1800 to a bit over 2000

thanks. :thumbsup

elitetec 10-13-2005 03:43 PM

$5k/mth should be good enough for rent food electricy and that dsl :-)

Ecksent 10-13-2005 03:55 PM

Quote:

Originally Posted by Elli
In the sunny Vancouver suburbs, I'd say minimum of $2500-3000Cdn a month to squeak by, unless you live somewhere crappy. I've got a nice enough place that I rent for 900$ a month.


$900! In Vancouver? I'll assume its a one bedroom. I knew a girl living out there right around Tinseltown by GM Place. She was paying $1300/mth. The apartment was so small I could stand at the front door and spit and it would hit the back window. She just loved the hustle and bustle of the city life though.

Elli 10-13-2005 04:05 PM

Quote:

Originally Posted by Ecksent
$900! In Vancouver? I'll assume its a one bedroom. I knew a girl living out there right around Tinseltown by GM Place. She was paying $1300/mth. The apartment was so small I could stand at the front door and spit and it would hit the back window. She just loved the hustle and bustle of the city life though.

I'm in Tsawassen, in a posh basement suite. $900 a month gets me 900 sq. ft. of laminate fake hardwood floors, drop ceilings, track lighting, and a full backyard and a house alarm with my own security code. Oh, and parking. Cable, internet access, power, in suite laundry, is all included. I'm happy. :)

KCat 10-13-2005 10:25 PM

Quote:

Originally Posted by Elli
I'm in Tsawassen, in a posh basement suite. $900 a month gets me 900 sq. ft. of laminate fake hardwood floors, drop ceilings, track lighting, and a full backyard and a house alarm with my own security code. Oh, and parking. Cable, internet access, power, in suite laundry, is all included. I'm happy. :)

Damn girl! That's awesome. I've got a bit more space, but by the time I pay mortgage, condo fees, taxes, utilities...it's almost double. And I'm nowhere near an ocean. :(

NoWhErE 10-13-2005 10:31 PM

My daddy pays for everything, so I don't need money to survive! :D

Elli 10-13-2005 10:39 PM

Quote:

Originally Posted by KCat
Damn girl! That's awesome. I've got a bit more space, but by the time I pay mortgage, condo fees, taxes, utilities...it's almost double. And I'm nowhere near an ocean. :(

Well, my previous dwelling had a mortgage of $1400 a month plus a few thousand a year in property taxes, plus $150 for power, $40 internet, $50 cable, $40 phone, $15 alarm, $60 lawn guys. That was 15 mins away from here. That was 1400 sq. ft. detached house with all hardwood floors, new roof, about 1/4 acre yard.

imageman 10-13-2005 11:02 PM

Fuck
 
Id love a place like this ( Peles Castle in Sinaia ) fucking amazing place to live. I almost purchased a castle in Scotland before moving to California. It had 13 miles of coastline included in the sale and the castle was huge 120,000 sq ft. But some farmer had used it to store grain and all the internal walls had been removed. At only £98,000 about $150,000 it was a steal but needed about $500,000 spent on getting it back in shape.
Way too much work!!

Quote:

Originally Posted by discoparty
Transylvania is one of the best areas to live in Romania.

Pic of Dracula's castle : http://romania.8k.com/castles/ :Graucho

Romania isn't the only place where you don't need a lot of money to live.... A lot of nice countries in Eastern Europe are very pleasant to live, and very cheap (Bulgary, Hungary, Slovenia....)


Doctor Dre 10-13-2005 11:07 PM

I'd say bout 5k a month for a good lifestyle.

KMR Stitch 10-13-2005 11:12 PM

I would say 5k a month if it was non STOP income no dips

reynold 10-14-2005 02:14 AM

I would also say 5k/ month.

TDF 10-14-2005 02:16 AM

at least 3k monthly

Morgan 10-28-2005 12:14 AM

Quote:

Originally Posted by TeenGodFather
I *COULD* live on say.. $500 month, but that's because I don't have any debt and I own my home. I guess I'd need around $2000 to live like I do, where I do if I didn't own this place. However.. I don't drive a big, expensive car.. I don't buy dvd's, clothes, shoes or eat out. I live a pretty simple life.

didnt know there were mormons in finland! :winkwink:

beemk 10-28-2005 12:16 AM

about a grand just to get by if you know how to manage your money. who wants just the bare minimum though?

AlienQ - BANNED FOR LIFE 10-28-2005 12:27 AM

Quote:

Originally Posted by fuzebox
You can have a modest apartment and party every night here for $1k/mo

So what does 10K a month do?

VAIRES 10-28-2005 12:40 AM

Quote:

Originally Posted by AlienQ
So what does 10K a month do?


Yeah, so what WOULD do $10k do in Costa Rica, or Thailand or the Philippines?

sh33p 10-28-2005 12:43 AM

An igloo in Canada is $50/month. That includes a polar bear to keep you warm.

SilverTab 10-28-2005 12:51 AM

mm it depends on a lot of factors I guess...but montreal isn't really that expansive...I pay 1000$/MO for a loft in one of the nice areas of montreal(plateau for those familiar with mtl)...BUT I spend a lot LOL...but.. I'd say around 2.5/3k CND a month and you're happy! :)

Peace 10-28-2005 01:10 AM

3k in NY and if i live in Russia 1500$

Project-Shadow 10-28-2005 01:16 AM

Quote:

Originally Posted by discoparty
Here in Romania, $190/month is an average salary.
My 5 rooms apartment costed me $70K
I spend $500/month, and i live a nice life, always eating out and going out.
I could spend only $300 and keep a decent life style.
Romania is a great place to save some $$$$

Salut! :winkwink:

emthree 10-28-2005 01:18 AM

6k give or take.

stfuvt 10-28-2005 03:05 AM

Quote:

Originally Posted by discoparty
Transylvania is one of the best areas to live in Romania.

Pic of Dracula's castle : http://romania.8k.com/castles/ :Graucho

Romania isn't the only place where you don't need a lot of money to live.... A lot of nice countries in Eastern Europe are very pleasant to live, and very cheap (Bulgary, Hungary, Slovenia....)

Hi discoparty,
I am from Bulgaria :pimp

blackcat 10-28-2005 03:36 AM

Us$400/month, i pay my rent, i have a fast adsl connection, eat on good restaurants every day, i go once a week to night clubs...

i consider myself having a very nice life with us$400/month... live on Brazil, and by the way, i wouldnt live anywhere else, i love this country

reed_4 10-28-2005 04:48 AM

$5000 a month would be enough for a simple living here.

DeadFidel 10-28-2005 05:28 AM

With Kevin's stats, I need a part time job.

gecko 10-28-2005 05:37 AM

2-3K atleast here

Jer 10-28-2005 07:02 AM

Quote:

Originally Posted by blackcat
Us$400/month, i pay my rent, i have a fast adsl connection, eat on good restaurants every day, i go once a week to night clubs...

i consider myself having a very nice life with us$400/month... live on Brazil, and by the way, i wouldnt live anywhere else, i love this country

Damn, your rent must be cheap!

My rent + "condomínio" is over R$900

Jer 10-28-2005 07:05 AM

Quote:

Originally Posted by Jer
Our expenses are over $1500. We don't have a car and almost no social life (we spend some time with my wife's parents). Like TGF I don't buy dvd's, clothes or shoes... well, my wife buys some clothes and shoes. We eat out a couple of times per month, sometimes more. Simple but good life :)

$2k would be nice

Fletch XXX 10-28-2005 07:07 AM

It costs 1k a week just to live here in california.

fishball 10-28-2005 10:22 AM

$250 for me and you can already pretend you're rich :)


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