Hello everyone,
I read with interest, another thread about the cost of living, however the feedback highlighted a great variance of what someone needs to survive, and is obviously subjective to the standard of living.
I wonder if those experienced posters would mind giving a breakdown as to income and expenditure, so that 'newbies' coming to the island to live can get a better of idea of where they 'fit' in with regards to budgeting.
For example, I hope to be a teacher and been told the average salary is around US$1,000 per month. Some say, the minimum you'd need to live on, is $1,000 per month and doing away with a lot of creature comforts..?
Without asking too much personal info, could people post an example financial breakdown, for different life-styles, salaries, etc? I think it would be really helpful to a lot of people.
E.G:
Income= 'x'
Transport p/m = 'x'
Form of transport
Insurances
Food bill per month = 'x'
Entertainment/restaurant frequency and cost
Etc...
Utilities= '$ x'
High usage/low usage of electric, etc
Anything else that you would include in a household budget.
Please note, I am not asking anybody to divulge any personal finance details they are not comfortable with giving, just figures to represent the cost of a preferred lifestyle... Why do you need $2500 or $500 to live in the DR??
I hope some of you can help, as I'm making a lot of guesses at the mo!!