Cost of living in Gence
Gence, a vibrant city in Azerbaijan, 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 Gence, covering essential categories such as dining, groceries, transportation, and housing.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $3.24 on average.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $3.94.
- Domestic Beer (0.5 liter draught) - Domestic beer ranges from $0.88 to $1.29, averaging $1.09.
- Imported Beer (0.33 liter bottle) - Imported beer costs between $1.76 and $2.06, with an average of $1.91.
- Coke/Pepsi (0.33 liter bottle) - A bottle of Coke or Pepsi costs $0.41 on average.
- Cappuccino (regular) - A regular cappuccino is priced at $1.86 on average.
Grocery Prices
- Loaf of Fresh White Bread (500g) - A loaf of fresh white bread costs $0.35 on average.
- Local Cheese (1kg) - Local cheese is priced at $2.94 per kg on average.
- Water (1.5 liter bottle) - A 1.5 liter bottle of water costs $0.44 on average.
- Bottle of Wine (Mid-Range) - A mid-range bottle of wine costs $1.41 on average.
- Domestic Beer (0.5 liter bottle) - A 0.5 liter bottle of domestic beer costs $1.29 on average.
- Imported Beer (0.33 liter bottle) - A 0.33 liter bottle of imported beer costs $1.76 on average.
- Cigarettes 20 Pack (Marlboro) - A pack of Marlboro cigarettes costs $3.82 on average.
- Chicken Fillets (1kg) - Chicken fillets are priced at $3.53 per kg on average.
- Apples (1kg) - Apples cost $1.18 per kg on average.
- Potato (1kg) - Potatoes are priced at $0.71 per kg on average.
- Rice (white), (1kg) - White rice costs $1.71 per kg on average.
- Tomato (1kg) - Tomatoes are priced at $1.29 per kg on average.
- Banana (1kg) - Bananas cost $1.47 per kg on average.
- Onion (1kg) - Onions are priced at $0.53 per kg on average.
- Beef Round (1kg) - Beef round costs $7.65 per kg on average.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $0.24 on average.
- Monthly Pass (Regular Price) - A monthly pass for public transport costs $11.76 on average.
- Fuel (Gasoline) - Gasoline is priced at $0.59 per liter.
- Taxi Fares (1 hour waiting) - Taxi fares for one hour of waiting cost $1.76 on average.
Housing Costs
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre is $470.59 on average.
Cost of Living Rankings
The cost of living indices for Azerbaijan 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 Azerbaijan, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Restaurants
Restaurants
Markets
Markets
Transportation
Transportation
Buy Apartment Price
Buy Apartment Price
Salaries And Financing
Salaries And Financing
"Key Takeaways"
Gence offers a relatively low cost of living, with affordable dining and grocery options.
Transportation costs are minimal, making it easy to navigate the city without a significant financial burden.
Housing prices, particularly for purchasing property, are quite reasonable compared to many other cities.
Conclusion
In conclusion, Gence provides an affordable living environment with low costs in dining, groceries, and transportation.
For those considering moving to Gence, the city offers a cost-effective lifestyle with reasonable housing prices, making it an attractive option for both locals and expatriates.
Nearby Cities
All cities in Azerbaijan