Cost of living in Timizart
Timizart, a city in Algeria, offers a unique blend of cultural heritage and modern living. Understanding the cost of living here is crucial for both residents and newcomers.
This guide provides a detailed breakdown of expenses in Timizart, including dining, groceries, transportation, housing, and utilities, to help you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $2.84 on average, with a range between $1.09 and $7.22.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $21.87, with prices ranging from $14.57 to $50.54.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $4.33, with a range between $3.62 and $5.76.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1.06 to $3.61, imported beer $1.6 to $3.59, cappuccino $0.33 to $2.47, and Coke/Pepsi $0.43 to $0.72.
Grocery Prices
- Milk - Milk is priced between $0.65 and $1.07 per liter, averaging $0.94.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.07 and $0.72, with an average price of $0.13.
- Eggs (Dozen) - A dozen eggs range from $1.17 to $2.14, averaging $1.74.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.3 to $4.93 per kg, while oranges range from $0.72 to $2.33 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.32 and $0.93 per kg, and lettuce costs $0.25 to $1.06 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.22 and $0.33 per liter.
- Taxi Fares - Taxi fares start at $0.22, with a cost of $0.21 to $0.71 per km and $3.53 to $7.41 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs between $25,208.64 and $43,064.41, while a Toyota Corolla ranges from $28,600.94 to $37,371.28.
Housing Costs
- Average Monthly Net Salary (After Tax) - The average monthly net salary in Timizart is $79.38.
- Mortgage Interest Rate - The yearly mortgage interest rate for a 20-year fixed-rate is between 3.5% and 9.99%, averaging 6.22%.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $21.52 and $61.56, averaging $35.15.
- Internet - Internet services range from $11.36 to $29.93, with an average cost of $18.08.
Cost of Living Rankings
The cost of living indices for Algeria are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Algeria, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Timizart offers a relatively low cost of living, especially in terms of dining and groceries, making it an affordable option for many.
Transportation costs are also low, with affordable fuel prices and taxi fares.
Utilities and internet services are reasonably priced, contributing to the overall affordability of living in Timizart.
Conclusion
In conclusion, Timizart presents an affordable living environment with low costs in dining, transportation, and utilities.
While housing costs and salaries may vary, the city remains a cost-effective choice for residents and newcomers alike.