I am trying to figure out about how much it would cost to live in Middlesex County (Central) New Jersey. Assume that I am a single person, renting a two bedroom apartment. I will live simply. I will list the expenses that I would need to cover:
apartment rent
electric
basic cable
internet
phone
rent insurance
car fund (an amount to save monthly so I have a replacement fund for when the car needs to be replaced)
car insurance
groceries, toiletries and apartment supplies
gas for car
entertainment
one annual vacation (nothing too extravagant), few weekend getaways (camping, beach, etc)
gifts
clothing
basic health and dental insurance plan
copays (insurance) and vitamins/supplements
eating out
auto repair/maintenance
computer (a monthly/annual amount to save so I have a replacement fund when my computer needs to be replaced)
hobby
magazine subscriptions/dues
pet
haircut
cell phone
I think a reasonable estimate might be about 3,100 a month or 37,500 a year. What do you think is a good reasonable amount? I do not want an extravagant lifestyle, just a reasonable one. I don't want to use credit for these expenses. When I estimated the annual costs, the highest expenses seemed to be rent, health insurance and groceries.
Thank you for your advice.
apartment rent
electric
basic cable
internet
phone
rent insurance
car fund (an amount to save monthly so I have a replacement fund for when the car needs to be replaced)
car insurance
groceries, toiletries and apartment supplies
gas for car
entertainment
one annual vacation (nothing too extravagant), few weekend getaways (camping, beach, etc)
gifts
clothing
basic health and dental insurance plan
copays (insurance) and vitamins/supplements
eating out
auto repair/maintenance
computer (a monthly/annual amount to save so I have a replacement fund when my computer needs to be replaced)
hobby
magazine subscriptions/dues
pet
haircut
cell phone
I think a reasonable estimate might be about 3,100 a month or 37,500 a year. What do you think is a good reasonable amount? I do not want an extravagant lifestyle, just a reasonable one. I don't want to use credit for these expenses. When I estimated the annual costs, the highest expenses seemed to be rent, health insurance and groceries.
Thank you for your advice.