Cost of living in Kensington
Kensington, a charming locale in Canada, offers a unique blend of urban and suburban living. Understanding the cost of living here is crucial for both current residents and those considering a move.
This guide provides a detailed breakdown of expenses in Kensington, 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 $17.89 on average, with a range between $12.88 and $32.21.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $67.99, with prices ranging from $53.68 to $93.04.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $9.62, with a range between $8.59 and $11.19.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4.29 to $8.59, imported beer $4.4 to $8.59, cappuccino $2.15 to $5.73, and Coke/Pepsi $1.79 to $2.86.
Grocery Prices
- Milk - Milk is priced between $1.19 and $3.18 per liter, averaging $2.12.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.15 and $4.29, with an average price of $2.76.
- Eggs (Dozen) - A dozen eggs range from $2.86 to $4.65, averaging $3.75.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.86 to $7.16 per kg, while oranges range from $2.14 to $5.01 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.61 and $4.73 per kg, and lettuce costs $1.96 to $3.22 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $2.75 and $5, with a monthly pass priced between $88 and $150.
- Fuel (Gasoline) - Gasoline is priced between $1.12 and $1.36 per liter.
- Taxi Fares - Taxi fares start at $3.54, with a cost of $1.25 to $2.86 per km and $21.47 to $35.07 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $1580 to $2500, averaging $2088.15.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1250 to $2000, averaging $1670.27.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $3000 to $4748, averaging $3745.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $2500 to $3500, averaging $3039.95.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $2690.98 to $7534.74, averaging $4327.79.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $3013.89 to $5898.62, averaging $3565.44.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $107.35 and $357.84, averaging $178.84.
- Internet - Internet services range from $53.68 to $100.19, with an average cost of $72.78.
Cost of Living Rankings
The cost of living indices for Canada 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 Canada, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Kensington offers a moderate cost of living with reasonable prices in dining and groceries. Housing costs can vary significantly depending on the location within the city.
Transportation is relatively affordable, with gasoline prices being competitive. Utilities and internet services are priced moderately, making it manageable for most residents.
Conclusion
In conclusion, Kensington provides a balanced cost of living that caters to a variety of lifestyles. While housing can be a significant expense, other areas such as dining, groceries, and transportation offer affordability.
Potential residents should consider their housing needs and budget accordingly, as this will be the most variable cost. Overall, Kensington is an attractive option for those seeking a blend of urban amenities and suburban tranquility.