Cost of living in Formiga
Formiga, a city in Brazil, offers a unique blend of cultural richness 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 Formiga, covering essential categories such as dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $5.15 on average, with a range between $3.43 and $7.72.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $30.88, with prices ranging from $20.59 to $42.89.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $6, with a range between $5.15 and $7.21.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1.2 to $2.57, imported beer $2.57 to $4.29, cappuccino $0.51 to $2.66, and Coke/Pepsi $0.69 to $1.2.
Grocery Prices
- Milk - Milk is priced between $0.69 and $1.03 per liter, averaging $0.85.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.03 and $2.57, with an average price of $1.44.
- Eggs (Dozen) - A dozen eggs range from $1.03 to $2.57, averaging $1.8.
- Fruits (e.g., Apples, Oranges) - Apples cost $0.86 to $2.57 per kg, while oranges range from $0.43 to $1.72 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.51 and $1.54 per kg, and lettuce costs $0.34 to $1.03 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.86 and $1.09 per liter.
- Taxi Fares - Taxi fares start at $0.91, with a cost of $0.86 to $1.12 per km and $3.43 to $7.72 per hour of waiting.
- Car Prices - A new Volkswagen Golf costs between $20,586.72 and $34,311.03, while a Toyota Corolla ranges from $25,544.69 to $29,164.52.
Housing Costs
- Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child - The cost for private preschool ranges from $205.87 to $686.22 monthly, averaging $351.69.
- International Primary School, Yearly for 1 Child - Yearly fees for international primary schools range from $5,352.55 to $8,234.69, averaging $6,696.4.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $51.47 and $104.65, averaging $60.44.
- Internet - Internet services range from $17.16 to $25.73, with an average cost of $19.65.
- Mobile Phone Monthly Plan - A mobile phone plan with calls and 10GB+ data costs between $6.86 and $20.93, averaging $14.09.
Cost of Living Rankings
The cost of living indices for Brazil 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 Brazil, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Restaurants
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Transportation
Utilities (Monthly)
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Sports And Leisure
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Clothing And Shoes
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Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Formiga offers a relatively affordable cost of living compared to larger Brazilian cities, with low dining and grocery prices.
Transportation costs are moderate, with affordable fuel prices and reasonable taxi fares.
Utilities and internet services are also reasonably priced, making it easier to manage monthly expenses.
Conclusion
In conclusion, Formiga presents a cost-effective living environment with affordable dining, groceries, and utilities.
While housing and education costs can vary, the overall expenses remain manageable, making it an attractive option for families and individuals alike.