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Doing the math
Norinoco
Has anyone who has moved home or is about to move keeping track of the costs?
Can you share them with me for your experience?
We are thinking about moving back home for 2 years before our two girls start school but I can't justify the move if it going to send us broke!
I'll post my findings back here once I've gathered them. Looking at a few location options all with their own pros and cons... Kilkenny, Cork, Waterford and Dublin.
Update: This is what i found today. This is for a family of 4, 2 kids not at school age so using childcare
Accommodation (per month):
Kilkenny: 2 bed apartment E750, 3 bed house E1200
Waterford: 2 bed apartment E700, 3 bed house E900
Cork: 2 bed apartment E1300, 3 bed house E1600
South Dublin: 2 bed apartment E2000, 3 bed house E3700
Health Insurance = average E155 / month
VHI: E155 / month
Laya: E120 / month
GloHealth: E165 / month
Aviva: E172 / month
Car = average E471 / month
For a 2010 Ford Mondeo 2lr Diesel
Motor Tax: E710 / year
NCT: E55 / year
Full comp insurance: E890 / year
Depreciation: E1600 / year
Fuel: E200 / month
Utilities = average E212 / month for Gas heating, E304 / month for Oil heating
TV license: E160 / year
Electricity: E1000 / year
Gas: E800 / year or Oil: E1900 / year
Water: E390 / year
Bins: E200 / year
Childcare for two children (child benefits of E280 deducted):
Dublin: E2120 / month
Kilkenny: E1240 / month
Please let me know if any of the above is off, these were just pulled from the internet and not based feedback from anyone living in Ireland.
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Comments
TeaBagMania
Is the health insurance cost for a family of four? If so thats awesome and less than I pay for just myself in the states.
I didn t see an estimate for food budget
Norinoco
Yes, family of 4. I didn't have time to work out a food budget. I spend AUD$700 per month on food so ireland had to be cheaper than that!
maggz
Hey norinoco, I just moved to kk with 2 sons last week. We were either wford or kk. We got a house and I found houses more like 850 to 1000 in both cities, they are just like gold dust. Creches are a bit cheaper too especially when you take into account the free 3 hrs a day for preschool for your older one and when ur 2 year old turns 3. Im checking one out today. Anyway im smack in the.middle of it so feel free to ask me anything
Suaimhneach
I guess as part of the calculation you need to compare it to two other things. 1) the cost of where you are now and 2) the future earning potential of you and your spouse in Ireland.
Did you do anymore work on this? What did you decide?
Norinoco
After taking in to account the wage difference between home and sydney, maintaining a mortgage with rental income and storage of our stuff we would be in the red by about $20k per year. We're going home next month with it at the back of our mind but certainly holding firm right now.