Lief Simon is the managing editor of Global Property Advisor, Simon Letter, and Offshore Living Letter. He has purchased more than 45 properties, investing in 23 different countries around the world.
Expense | Monthly Costs | Notes |
---|---|---|
Mortgage | – | HOA fees are not typical in apartments in Paris. |
HOA Fees | €83 to €208 | Annual charges range from about €900 to €2,500 euros for an apartment. |
Property Taxes | – | |
Transportation | €31 | Unlimited bus use for the month is €29.16; add another €1.60 euros per month for unlimited bike usage. |
Gas | – | |
Electricity | €90 | Including reasonable air conditioning use. |
Water | – | |
Cell Phone | €15 | With Free Mobile; unlimited calls and texts, 5G, no roaming charges in Europe. |
Internet | €23 to €35 | Fiberoptic cable, 140 channels, Ultra HD4K. Also comes with home phone line. |
Cable TV | – | Included in internet fee. |
Household Help | €120 to €216 | For two hours per week; €15 per hour paying cash, €27 per hour paying through a professional service. |
Entertainment | €690 | Monthly cost for eating out twice a week: €560 (€70 per meal for two). Monthly cost for drinks twice a week: €96 (€6 for glass of wine). Movie theatre trip twice a month: €34 (€8.50 per ticket). |
Groceries | €500 | Basic items for a couple; meat from butcher, seafood fresh from the fishmonger, and local produce. |
Gym Membership | €42.50 | |
Medical Appointment | €25 | Consultation with general practitioner. |
TOTAL | €1,619.50 to €1,852.50 |
Expense | Monthly Costs | Notes |
---|---|---|
Rent | €1,500 | In the center of town or nearby; for a one- or two-bedroom apartment of at least 75 square meters. |
Transportation | €31 | Unlimited bus use for the month is €29.16; add another €1.60 euros per month for unlimited bike usage. |
Gas | – | |
Electricity | €90 | Including reasonable air conditioning use. |
Water | – | |
Cell Phone | €15 | With Free Mobile; unlimited calls and texts, 5G, no roaming charges in Europe. |
Internet | €23 to €35 | Fiberoptic cable, 140 channels, Ultra HD4K. Also comes with home phone line. |
Cable TV | – | Included in internet fee. |
Household Help | €120 to €216 | For two hours per week; €15 per hour paying cash, €27 per hour paying through a professional service. |
Entertainment | €690 | Monthly cost for eating out twice a week: €560 (€70 per meal for two). Monthly cost for drinks twice a week: €96 (€6 for glass of wine). Movie theatre trip twice a month: €34 (€8.50 per ticket). |
Groceries | €500 | Basic items for a couple; meat from butcher, seafood fresh from the fishmonger, and local produce. |
Gym Membership | €42.50 | |
Medical Appointment | €25 | Consultation with general practitioner. |
TOTAL | €3,036.50 to €3,144.50 |
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Expense | Monthly Costs | Notes |
---|---|---|
Rent | €500 | For a studio or one-bedroom apartment of 25 square meters or less. |
Transportation | €20 | This would require mostly walking and biking, with sparing use of buses. For unlimited biking, you pay only 1.60 euros a month; you can get a bundle of 10 bus tickets for 11 euros (no expiration). |
Gas | – | Gas for your car. |
Electricity | €75 | Lower costs due to smaller space. |
Water | – | |
Cell Phone | €15 | With Free Mobile; unlimited calls and texts, 5G, no roaming charges in Europe. |
Internet | – | |
Cable TV | – | |
Entertainment | €498 | Monthly cost for eating out twice a week: €400 (€50 per meal for two). Monthly cost for drinks twice a week: €64 (€4 per drink during happy hour). Movie theatre trip twice a month: €34 (€8.50 per ticket). |
Groceries | €300 | Buying at local markets and in bulk when possible. |
TOTAL | €1,408 |
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