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monthly expenses

moe2011

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dear members,

i would like to ask how much minimum a family of 2 need per month to cover expenses such as rent, utilities, food, car insurance and fuel (general monthly expense) as an average figure,

i will live in edmonton , alberta and i think it is somehow the same expenses compared to ontario.

looking foeward for your advices.
 

Karwa Sach

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moe2011 said:
dear members,

i would like to ask how much minimum a family of 2 need per month to cover expenses such as rent, utilities, food, car insurance and fuel (general monthly expense) as an average figure,

i will live in edmonton , alberta and i think it is somehow the same expenses compared to ontario.

looking foeward for your advices.
for u and your spouse $1500 to 2000 would be suffice
 

qorax

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Karwa Sach said:
for u and your spouse $1500 to 2000 would be suffice
I disagree.
Depending on the type of accom s/he opts for - the rent itself will take $700(1BR basement) - $1200(1BR condo-apt), conservatively.
 

Karwa Sach

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moe2011 said:
dear members,

i would like to ask how much minimum a family of 2 need per month to cover expenses such as rent, utilities, food, car insurance and fuel (general monthly expense) as an average figure,

i will live in edmonton , alberta and i think it is somehow the same expenses compared to ontario.

looking foeward for your advices.
qorax said:
I disagree.
Depending on the type of accom s/he opts for - the rent itself will take $700(1BR basement) - $1200(1BR condo-apt), conservatively.
oops,,,,,but as per my calculation as a new immigrant their minimum expenses would be
rent 700
car expenses in Alberta 300
grocery for two 300
tel,internet,cable 70
misc 200
 

moe2011

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qorax said:
I disagree.
Depending on the type of accom s/he opts for - the rent itself will take $700(1BR basement) - $1200(1BR condo-apt), conservatively.
i found that the average 1 BD apartment in alberta is $ 900 including water and hydro without electricity, but i have no idea about the other monthly expenses
 

qorax

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qorax said:
Toronto - Living costs (a guideline only)

U'd generally be Ok with [size=12pt]$2500-3500 per month.
-House Rent: $700-1300 depending on what/where u locate/chose. Anything less than $700 would be shady!
-Heat & Hydro: If u take a condo, add another $100 a month to the above.
-Cable/Internet/Phone: $125-200 depending ur usage/preferance. Anything less than $125 would be tearsome!
-Conveyance: $100-200 depending on ur efficiency. Anything less than $100 would make u immobile!
-Fuel: Add $200-300 on the above if u have a car. Else u r semi-static... not hapenning 4 u here!
-Auto-Ins.: $400-600 if u buy a car. U may chose not to initially... but down 6 months - u must have [else u might find urself in deep waters]!
-Food: $1200-1700 depending on ur livability. Anything less than $1200 - and u aren't 'alive'!
-Outings: $300-700 depending on ur lifestyle. Anything lesser than $300 would make u socially dead!
-Stationery & consumables: $50-100. Anything less than $50 and u r doing nothing!
-Irregular purchases: $250-400. Anything less than $250 is not happening, here...
-Out-of-pocket expenses: $300-500. Else u r impossible, incorrigible, incognito!
-Kid's welfare: $150-250. If u have kids - u'd understand their addnl requirements!
-Childcare: $300-1000 depending on what u chose [pvt unlicensed to proper daycare]. It'd be if u both work & if kids r minors.
-Misc.: $300-500. U never know from where u'd have a bombshell! If not - it'd be ur safety-net.[/size]

Qorax
More or less it'd be similar in all provinces/cities.
 

Knight_Crusader

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Dec 29, 2012
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qorax said:
More or less it'd be similar in all provinces/cities.
Qorax sir,

My investments at the moment are such that, I get assured CAD 750 a month.
So, would it be wise to come by myself initially until I settle down with a suitable job (Microsoft Certified .Net Developer, only 1.5yrs exp) and then ask my wife and 3yr old to join me ? So I don't burn up my savings, although the savings are not related to my assured 750CAD a month.
It is beyond me to go in for survival jobs ( physical reasons) and I don't want to be worrying about kids education, care etc without even landing a job. Mrs is watching as I type. lol. She feels I want to go on a 'break' without them lol
 

prospective

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moe2011 said:
dear members,

i would like to ask how much minimum a family of 2 need per month to cover expenses such as rent, utilities, food, car insurance and fuel (general monthly expense) as an average figure,

i will live in edmonton , alberta and i think it is somehow the same expenses compared to ontario.

looking foeward for your advices.
I wish to go to Edmonton to. I would love to learn from your experience. Keep in touch!
 

amitsmeet

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Knight_Crusader said:
Qorax sir,

My investments at the moment are such that, I get assured CAD 750 a month.
So, would it be wise to come by myself initially until I settle down with a suitable job (Microsoft Certified .Net Developer, only 1.5yrs exp) and then ask my wife and 3yr old to join me ? So I don't burn up my savings, although the savings are not related to my assured 750CAD a month.
It is beyond me to go in for survival jobs ( physical reasons) and I don't want to be worrying about kids education, care etc without even landing a job. Mrs is watching as I type. lol. She feels I want to go on a 'break' without them lol
Sounds good, I also wuld like to first come down, settle with a temp job & accomodation and then cll my family...
 

SusanGeorge

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Dec 2, 2012
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My husband and I live near to downtown Toronto in a basement apartment. Our monthly expenses are as follows:

RENT - $900
GROCERY - $375
TELEPHONE - $110
TRANSPORTATION - $ 256
MISC - $ 150