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Old 03-01-2013, 01:16 PM   #61
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Originally Posted by cinman2000 View Post
I'm inspired by Live and Learn so here goes:

30k/5 - Car replacement every 5 years
10k/4 - International vacation every 4 years
6k - Unexpected big expenses
10k - Healthcare (based on Obamacare and indexed at 6%)
8k - At home food
5k - smaller vacations
4k - Property taxes
10k - Fed taxes
4k - Eating out
4k - Auto Repair in Insurance
2k - Clothing
2k - Charity donations
2k - Timeshare dues
7k - Utilities (Internet, TV, Water, Garbage, Electric, Gas)
2k - Gasoline
2k - Unclassified misc spending
2k - Housing repairs (smaller)
2k - Homeowners and Umbrella Insurance
2k - Entertainment
2k - Misc Electronics
1k - Massage Club
1k - Gifts
1k - Pet Care
6k - 19 other categories I won't bore you with
Even leaving out stuff I don't use, the net is a whole bunch more than I will have. Maybe I will need that piano crate under the bridge.
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Old 03-01-2013, 01:17 PM   #62
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Even leaving out stuff I don't use, the net is a whole bunch more than I will have. Maybe I will need that piano crate under the bridge.
It doesn't sound to me like you'll be able to afford the piano - not to mention the lessons...
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Old 03-01-2013, 01:36 PM   #63
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This is what our expenses look like right now (couple, no kids, 2 cats living in San Francisco):

$61K - rent and renter's insurance
$9K - cars (replacement, repair & maintenance, gas, insurance, registration)
$10K - groceries
$7K - utilities (TV, internet, electric, water, phone)
$4K - health (insurance, co-pays)
$1K - pets
$1K - personal care
$15K - fun money (clothing, dining, entertainment, furnishings, vacations)
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Old 03-01-2013, 01:44 PM   #64
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61k for rents? Do you have a bedroom for each of the cats?
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Old 03-01-2013, 01:51 PM   #65
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FIREd
61k for rents? Do you have a bedroom for each of the cats?
2-bedroom, 1,100 sqft apartment.
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Old 03-01-2013, 02:09 PM   #66
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2-bedroom, 1,100 sqft apartment.
Talk about SF being expensive ! And the apartment is located in the Tenderloin district.
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Old 03-01-2013, 03:04 PM   #67
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Talk about SF being expensive ! And the apartment is located in the Tenderloin district.
Not quite the Tenderloin, but nowhere near Pacific Heights either...
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Old 03-01-2013, 04:46 PM   #68
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Talk about SF being expensive !
+1 So true, and in just about every category!

Well, except health/medical, but then you two are younger which could account for the low spending on health/medical. Well, and personal care is reasonable considering that she is working and so it would probably cost more for her.

But wow, your utilities are sky high for such a small apartment!
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Old 03-01-2013, 04:48 PM   #69
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Quote:
Originally Posted by FIREd View Post
This is what our expenses look like right now (couple, no kids, 2 cats living in San Francisco):

$61K - rent and renter's insurance
$9K - cars (replacement, repair & maintenance, gas, insurance, registration)
$10K - groceries
$7K - utilities (TV, internet, electric, water, phone)
$4K - health (insurance, co-pays)
$1K - pets
$1K - personal care
$15K - fun money (clothing, dining, entertainment, furnishings, vacations)
Just 'one more year', eh?
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Old 03-01-2013, 05:10 PM   #70
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+1 So true, and in just about every category!

Well, except health/medical, but then you two are younger which could account for the low spending on health/medical. Well, and personal care is reasonable considering that she is working and so it would probably cost more for her.

But wow, your utilities are sky high for such a small apartment!
Yes, water/sewer is insanely high, about $100 a month (not based on our own consumption but on the entire building's consumption so we have no control over this bill). Electric is pretty high, about $100 a month for about 500 KW/h. Cable is also higher than what we are used to.
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Old 03-01-2013, 06:02 PM   #71
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Originally Posted by FIREd View Post
This is what our expenses look like right now (couple, no kids, 2 cats living in San Francisco):

$61K - rent and renter's insurance
$9K - cars (replacement, repair & maintenance, gas, insurance, registration)
$10K - groceries
$7K - utilities (TV, internet, electric, water, phone)
$4K - health (insurance, co-pays)
$1K - pets
$1K - personal care
$15K - fun money (clothing, dining, entertainment, furnishings, vacations)
Here's my annual spend for comparison (single 50YO near Good Sam hospital, San Jose):

rent-- 11000
car-- 2000
food-- 700
util-- 600
HI-- 6000
pets-- n/a
care-- 700
fun-- 1000

I'm about 50 miles south of SF. My apartment is much smaller than 1000sf, American car, avoid Whole Foods, and my idea of fun is reading at the library. So depending on your tastes, it doesn't have to cost a lot to live in northern CA. Wages here are high enough that FI is quick & easy if you live small.
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Old 03-01-2013, 06:12 PM   #72
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About $40,000 in my case. Trying to get spending to $50,000 per year.
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Old 03-01-2013, 06:15 PM   #73
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Here's my annual spend for comparison (single 50YO near Good Sam hospital, San Jose):

rent-- 11000
car-- 2000
food-- 700
util-- 600
HI-- 6000
pets-- n/a
care-- 700
fun-- 1000

I'm about 50 miles south of SF. My apartment is much smaller than 1000sf, American car, avoid Whole Foods, and my idea of fun is reading at the library. So depending on your tastes, it doesn't have to cost a lot to live in northern CA. Wages here are high enough that FI is quick & easy if you live small.
Our living expenses are easily covered by our income and we are already FI. Affordability is not an issue for us. But thanks for sharing.
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Old 03-01-2013, 07:26 PM   #74
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Quote:
Originally Posted by FIREd
This is what our expenses look like right now (couple, no kids, 2 cats living in San Francisco):

$61K - rent and renter's insurance
$9K - cars (replacement, repair & maintenance, gas, insurance, registration)
$10K - groceries
$7K - utilities (TV, internet, electric, water, phone)
$4K - health (insurance, co-pays)
$1K - pets
$1K - personal care
$15K - fun money (clothing, dining, entertainment, furnishings, vacations)
I will steal your set up FIREd if you don't mind. (single)
$8400 -mortgage and everything else with it
$4k -car and everything- no car payments, a lot of gas though
$5k - food
$950- health insurance
$4500- utilities
$1k- personal supplies
$10k - child support (this is dropping very soon as college is winding down)
$10k- fun money
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Old 03-01-2013, 07:37 PM   #75
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Originally Posted by FIREd View Post
This is what our expenses look like right now (couple, no kids, 2 cats living in San Francisco):

$61K - rent and renter's insurance
$9K - cars (replacement, repair & maintenance, gas, insurance, registration)
$10K - groceries
$7K - utilities (TV, internet, electric, water, phone)
$4K - health (insurance, co-pays)
$1K - pets
$1K - personal care
$15K - fun money (clothing, dining, entertainment, furnishings, vacations)
OMG. My entire basic budget would fit in the first item.
Tell me again how wonderful SF is!
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Old 03-02-2013, 07:17 AM   #76
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Originally Posted by FIREd View Post
This is what our expenses look like right now (couple, no kids, 2 cats living in San Francisco):

$61K - rent and renter's insurance
$9K - cars (replacement, repair & maintenance, gas, insurance, registration)
$10K - groceries
$7K - utilities (TV, internet, electric, water, phone)
$4K - health (insurance, co-pays)
$1K - pets
$1K - personal care
$15K - fun money (clothing, dining, entertainment, furnishings, vacations)
WOW that SF in expensive. It is funny we in the Midwest almost live on your fun money. How is that for some fun LOL. A 2br apartment around here are about $600 and I think that is high LOL.
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Old 03-02-2013, 07:32 AM   #77
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This is why it is interesting to share data about budgets and expenses. All of us come from very different backgrounds and lead different lives. I love this website for making it possible for all of us to share information anonymously.
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WOW that SF in expensive. It is funny we in the Midwest almost live on your fun money. How is that for some fun LOL. A 2br apartment around here are about $600 and I think that is high LOL.
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Old 03-02-2013, 07:33 AM   #78
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What is so great about SF than anywhere in the US? Where I live I can have the most wonderful life for a fraction of the cost. I've found that people who live in places like NYC and SF have a skewed understanding of the US and sometimes not realizing they can get as much joy elsewhere and enjoy the same things for less.
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Old 03-02-2013, 07:36 AM   #79
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Originally Posted by dunkelblau View Post
Here's my annual spend for comparison (single 50YO near Good Sam hospital, San Jose):

rent-- 11000
car-- 2000
food-- 700
util-- 600
HI-- 6000
pets-- n/a
care-- 700
fun-- 1000

I'm about 50 miles south of SF. My apartment is much smaller than 1000sf, American car, avoid Whole Foods, and my idea of fun is reading at the library. So depending on your tastes, it doesn't have to cost a lot to live in northern CA. Wages here are high enough that FI is quick & easy if you live small.
$700 annual food budget That's $14/week.

If this is not a typo what's your secret?
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Old 03-02-2013, 07:37 AM   #80
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Originally Posted by FIREd View Post
This is what our expenses look like right now (couple, no kids, 2 cats living in San Francisco):

$61K - rent and renter's insurance
$9K - cars (replacement, repair & maintenance, gas, insurance, registration)
$10K - groceries
$7K - utilities (TV, internet, electric, water, phone)
$4K - health (insurance, co-pays)
$1K - pets
$1K - personal care
$15K - fun money (clothing, dining, entertainment, furnishings, vacations)
And that was just for one month in SF!
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