Cost of living in Monaghan
Monaghan, a charming town in Ireland, offers a unique blend of rural tranquility and urban convenience. Understanding the cost of living here is crucial for anyone considering a move or planning a visit.
This guide provides a detailed breakdown of expenses, from dining and groceries to housing and transportation, helping you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost €15.70 on average, with a range between €7.33 and €17.27.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around €53.63, with prices ranging from €44.47 to €62.79.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages €10.18, with a range between €8.37 and €11.98.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer averages €5.34, imported beer €4.21, cappuccino €3.48, and Coke/Pepsi €1.57.
Grocery Prices
- Milk - Milk is priced between €0.89 and €1.15 per liter, averaging €1.02.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between €1.05 and €2.30, with an average price of €1.67.
- Eggs (Dozen) - A dozen eggs average €3.56.
- Fruits (e.g., Apples, Oranges) - Apples and oranges both average €2.62 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes average €1.57 per kg, and lettuce costs €1.05 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs €3.45.
- Fuel (Gasoline) - Gasoline is priced between €1.67 and €2.19 per liter, averaging €1.93.
- Taxi Fares - Taxi fares start at €2.09, with a cost of €1.05 per km.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages €1674.35.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages €1360.41.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages €2720.82.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages €2092.94.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment average €366.26.
- Internet - Internet services average €47.09.
Cost of Living Rankings
The cost of living indices for Ireland 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 Ireland, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Monaghan presents a moderate cost of living with dining and grocery prices being relatively affordable compared to larger cities.
Housing costs are significant, especially in the city centre, which may impact budgeting for new residents.
Transportation and utilities are reasonably priced, making daily commuting and living expenses manageable.
Conclusion
In conclusion, Monaghan offers a balanced cost of living with affordable dining and grocery options, though housing can be a major expense.
Prospective residents should consider these factors when planning their move, ensuring they budget appropriately for housing and utilities.