As most of you know, I moved into my own flat around 2 months ago.
I was looking forward to living on my own and I knew I would love it, but I was nervous about the cost.
I’ve never lived alone before and always had to split everything two ways or more. As my housemate sorted the utility bills and council tax in our old house and I sorted out rent and the Internet, I had no idea how much things like electricity would cost.
I thought it might be useful to some of you to see how much it costs to live alone. Of course, these rates my vary, but you’ll get a rough idea.
Of course, these rates my vary, but you’ll get a rough idea.
£515 a month.
I live in a decent area of Leeds. I actually think I’ve done really well here for how much rent costs me. I have a 2 bedroomed flat on a ground floor with a front garden. There’s also a large garden/courtyard that my kitchen door leads to that is shared between the two flats above me. I’m the only one that uses it as they don’t have direct access like me.
My bedroom isn’t massive, but it’s perfect for me. Just a double bed, wardrobe and bedside table. Simple, bright and clutter-free. The second bedroom is what I use as my office/dressing room as is the bigger room.
I was looking for 2 bedroomed flats or houses and found they were between £450-£550 a month. Most were without a garden and had an open plan kitchen/living room.
Look around to see what you can get for your money. Look in different areas, too. A few miles down the road, things were cheaper but then you sacrifice living in an area that might not be as nice or close to the things you want to be near.
I HATE COUNCIL TAX. When I knew I was moving, I went on my local council’s website and filled in a simple form saying I was moving from my old address to this address.
A week or so after I had moved here, I had a letter from them outlining how much it would cost. It costs me £947.46 a year in council tax – then I get a 25% reduction for living alone.
You can search online for your council tax band by post code to see how much it would cost.
Water: My current water bill is for 10 months and costs £263.32. This is paid in 2 installments.
Again, when I moved house, I informed Yorkshire Water I was leaving my old house and moving to my current house.
Electricity: I’m on a meter and I am currently using around £18 a month on electricity.
Gas: I have a gas meter too. My water and heating runs on gas it’s currently costing around £15 a month. I expect that to go up when I start using the central heating.
TV Licence: £145.50 a year.
Internet: £30 a month for Internet, a pretty bog standard TV package, and line rental. The package is supposed to be £45 a month, but when I was moving house I called them and spoke to them and they gave me a deal for £30 for 10 months, then £45 a month.
They’ll be some things you’ll need money for before you move in or at the start.
I had to pay £100 to remove my house from the market. I had to do a tenancy check which cost £16 to process. I then had to pay for a reference from my old letting agents which cost £24. Next, I had to pay around £700 for bond.
Other expenses included things I needed to buy and replace. As I had lived in a shared house for the past 6 or so years, things we had we either bought together or they were old and I wanted to upgrade. I ended up spending around £400 on the following:
- dinner plates, side plates and bowls.
- chopping knifes
- draining board
- chopping boards
- oven tray
- utensils (pizza cutters/large plastic spoons/can openers etc)
- tea towels
Other monthly expenses.
I’m not going into detail about how much I pay for each of the following, but these are other expenses to take into consideration:
- Mobile phone bill.
- Car Insurance.
- Car/Loan payments.
- Student Loan Repayments.
- Contents Insurance.
So that’s how much it costs me to live on my own. Hopefully some of you found this useful.
It’s scary to make the move, but it’s worth it for your own space.
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