Quote:
Originally Posted by sindabad.sailor Digging out quite an old thread.
I am evaluating an offer to relocate to the UK for a period of 2 years.
Though I have been travelling to UK often in the past and have general clue about life in UK, I am looking into specifics of cost of living.
We are a family of four. Wife won't work to care for younger one. Son would be schooling. We are not a spendthrift family but would like to enjoy reasonable entertainment like weekly shopping, movies and eating out.
1. What are the maximum monthly expenses for such a family.
2. What percentage is income tax calculated at.
3. Apartment rents - latest in London's neighbouring area.
4. Used Car cost and insurance for cars like Ford Focus or similar.
5. Schooling expenses. I know council schools are free but are they worth? How about Private schools.
6. Any other expenses that I am not counting on?
How is work environment? Correct me if I am wrong, but doesn't seem to be true European but more American. (Not as employee centred as scandanavians but more employer centred like American organisations)
Need first hand experienced advices. I need to evaluate the offer.
Rgds. |
1. Assuming that you will be staying in London, the costs will be higher than elsewhere in UK.
Movies, Books, DVDs etc are very expensive, so you might want to consider alternatives.
General shopping has very reasonably priced options as well as very expensive ones, and at times these can work out cheaper than India!
Groceries etc. are priced almost equivalent to India nowadays. Not a lot of difference, with some items actually being cheaper!
Since you are a family of four, budget for approximately 1000-1500 GBP per month on these expenses, since you mentioned that you guys are not Spendthrift.
2. Ajmat has detailed out the same.
3. Again, you should be looking at, at least Zone 4, or beyond. Rents are very high in London, especially if it is a safe and good neighborhood. Try and choose an area that has a good Asian community, since your family will be staying at home and going out on their own at times. East of London has quite a few such areas, or even there are some similar areas nearer to Heathrow. But, be aware and careful that some of the neighborhoods may be dodgy and prone to street crime. So, don't rush and choose carefully. Prefer an apartment block over an independent row house. Expect a rent of approximately 1500-2000 GBP per month in these areas.
4. My suggestion would be NOT TO go for a personal transportation early on. In UK, Public Transport is VERY good; way way better than, say US.
Rely on Public transport and get integrated Bus-Train passes, if they work for your location and travel pattern. Not only will you save a lot of cash, but also a lot of headache. As Ajmat has mentioned, the car costs are not huge, but Insurance etc. can be killing. Moreover, parts of London will subject you to a steep Congestion Charge.
For weekends and outings, I would suggest that you rent out a car. It's cheap and you can experience different and much better cars (than Ford Focus) each time, especially if you book a car well in advance. So to summarize, go for Public Transport and Car Rentals, at least in the initial months.
5. No idea, although I have heard that Private Schools are very expensive and very snobbish.
6. Plenty - Pubbing (If you are so inclined), Services (Plumbing, Electrician), Mobile, Internet etc. Pubbing feels cheaper there, than it does in India! Services are VERY expensive, if you have to bear them from your pocket. Mobile, Internet etc. is very cheap.
Work Environment will depend a lot on the company. But, generally expect a very formal work environment and a degree of snobbish behavior, at least initially. People eventually cool down and become quite friendly. The three companies that I have experienced, were all very Company centric.
My experiences are based on my stays in Edinburgh, Nottingham, London and Belfast.
Cheers.