These are just our basic bills paid in the first week of August. Crazy!
$3031 Mortgage and maintenance for our 950sf apartment in Bronx.
This is with 110K down and 4.75% interest rate.
$860 Yearly life insurance DH. (I pay mine monthly)
$250 car payment (we put over 13K down to keep it low)
$967 6 months car insurance for 1 car (that it the cheapest we ever had in our life time)
Cheapest it has ever been. When DH was a fresh driver it was close to $400 a month for the paid for $5,000 car.
$186 my monthly train pass
$110 tolls for the previous month (low, because DH did not drive to work, he is on leave. When he drives to work this bill can reach $400)
$92 (internet, home phone, cable)
student loan $142
These are just routine basic bills. (yes, one of them is annual and semi-annual, but the rest are monthly)
So we paid out $5,638 in first week and has not included anything but routine, "beginning of the month bills". Now we have to buy food, clothing, entertainment, gas, data plans, baby things and other life items.
The monster bill that is on our doorstep and will add at least 2K to our monthly expenses is DAYCARE!!! (this is a cost of a basic daycare, not a nanny).
That will make it incredibly tough.
We are doing fine without daycare, but man, when that bill comes... We will have to supplement from savings and hope something else changes.
I know people will say "why do you complain, move!". Well, I don't want to move, I guess I just want to complain
Middle class New Yorker's bills - snapshot of ours
August 11th, 2011 at 09:39 pm
August 11th, 2011 at 11:01 pm 1313100098
How much is the budget shortfall when daycare starts?
On the upside, that seems like a nice size apartment for NY! That's roughly the size of our place, and we feel comfortable with three adults, one toddler, one kitty and another baby on the way. Most people we know in Mpls have much bigger places, with or without kids, but we like our setup.
August 11th, 2011 at 11:33 pm 1313101991
August 12th, 2011 at 10:29 am 1313141345
August 12th, 2011 at 05:16 pm 1313165780
Jerry