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Your hi-fi cost as a percentage of the cost of your home

lindsayt

New member
Apr 8, 2011
16
2
0
Over the years I've seen various debates and recommendations on how much you should spend on the source / amp / speakers / cables as percentage of your budget.

What I've never seen is any discussion of how much you should, or how much you have spent, on your hi-fi as a percentage of how much you spent on your home.

I don't think that there's any fixed percentage at all that I'd recommend - apart from spending as little as you can to get the home and the hi-fi that you want.

But looking at my main system. That cost about 10% of what I paid for my house.
If I include the main system, the bedroom system, the TV / Cinema system, the kitchen system it comes to about 17% of the cost of my house.

That's just the initial price of the house. If I add in what I've spent doing up the house and factor in the value of my time doing it up, my main system cost me about 5% of what I've spent on my house in total.

It's fair to say that I'm into hi-fi in a big way. I also live in a part of the country where property prices aren't too bad.

So, how much have you spent on your hi-fi as a percentage of what you spent on your home?
(no obligation to answer this if you want to keep it confidential).
 

JoelSim

New member
Aug 24, 2007
767
1
0
Living in London, although I have a nice system it is about 2% of the cost of my home. Even including the cables...
 

TazLondon

Well-known member
Nov 2, 2014
5
0
10,520
Interesting question.

15 or so years ago I would say that the system (all A/V equipment) I had cost around 15% of the value of my then London home - but I did buy that house at a cost of just 20% of the value of my current house!

Now all the A/V equipment in my house represents around 0.8% of the value of my current house.
 

Vladimir

New member
Dec 26, 2013
220
4
0
Around 4-5% if I count all the gear I have. If I count the MSRP and adjust for inflation for the oldies I own I'm much closer to Taz's 20%. I love the VFM from 90's German nonexotica.
 

matt49

New member
Apr 7, 2013
51
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0
Not sure I understand the meaning of this thread or how it could reveal anything of interest. Is it a question about how much people budget for their hi-fi? If so, why not just ask how much the hifi cost? Or if it's about how much of their resources people allocate to hifi, wouldn't it be more rational to ask about income rather than property values/prices, especially given that property prices vary so hugely?

In any case, are many people likely to answer honestly? There's no way I would!
 

Jota180

Well-known member
May 14, 2010
25
2
18,545
Here in stupid Britain, house prices rise and fall with spectacular regularity so the percentage would change with the weather.
 

tino

Well-known member
Sep 29, 2011
135
10
18,595
You house is probably full of many things that may have cost more than your hifi e.g. a posh dining table and chairs or a bed. Irrespective of the value of my home I would still set my hifi aspirations in the "modest" price range... I wouldn't spend more than 2K max on a stereo setup. Probably ;)
 

Andrew17321

Well-known member
Nov 12, 2008
22
0
18,520
What would be much more illuminating for us would be to work out how much per hour it costs us for serious music listening and active TV watching.

As my music and AV systems are interlinked I have considered them together. Estimating my spend on AV and audio equipment, and on media (CDs, DVDs), over the last 10 years to be £1500 per year on average, that works out approximately to 70p per person, per hour of serious listening to music or watching TV. (Background music comes free!)

This strikes me as astonishingly little. I was at a Martin Roscoe piano recital on Thursday night, ticket cost £14 and I had a 36 mile drive; last night I listened to 3 hours of Roscoe's music from CD at home, cost £2.10. Mind you, the live performance was outstanding and well worth the money.

(Arcam AV system, Spendor speakers, Sonos, Rega DAC and lots of other bits and pieces.)

Andrew
 

BigH

New member
Dec 29, 2012
97
2
0
Vladimir said:
BigH said:
About 0.5%
You rich people are so cheap! *biggrin*
Rich no, houses are expensive in some parts of UK. Depends when you bought the house of course, if my last house it would have been over 4%.
 

davedotco

New member
Apr 24, 2013
20
0
0
BigH said:
Vladimir said:
BigH said:
About 0.5%
You rich people are so cheap! *biggrin*
Rich no, houses are expensive in some parts of UK. Depends when you bought the house of course, if my last house it would have been over 4%.
Exactly. Even my ideal £2k system would be well under 0.4%, west London property prices are stupid.
 

ID.

New member
Feb 22, 2010
207
0
0
Probably a little over 1% and I live in a very small 2 bedroom apartment.

Tokyo property prices and all that.

What about as a % of the cost of your property per square metre?
 

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