Cost of living in Shannon
Shannon, a charming town in Ireland, offers a unique blend of cultural heritage and modern living. 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, including housing, transportation, groceries, and more, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost €18.84 on average, with a range between €15.70 and €36.63.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around €73.25, with prices ranging from €52.32 to €104.65.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages €9.42, with a range between €8.37 and €10.46.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from €3.14 to €7.33, imported beer €3.14 to €6.28, cappuccino €1.57 to €5.23, and Coke/Pepsi €1.31 to €2.77.
Grocery Prices
- Milk - Milk is priced between €1.05 and €1.88 per liter, averaging €1.41.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between €0.56 and €2.09, with an average price of €1.40.
- Eggs (Dozen) - A dozen eggs range from €1.88 to €5.02, averaging €4.37.
- Fruits (e.g., Apples, Oranges) - Apples cost €1.05 to €2.62 per kg, while oranges range from €0.94 to €6.28 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between €1.04 and €3.66 per kg, and lettuce costs €0.68 to €2.09 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between €1.81 and €1.90 per liter.
- Taxi Fares - Taxi fares start at €5.23, with a cost of €1.57 per km and €25.12 to €62.79 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from €732.53 to €941.82, averaging €837.17.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages €837.17.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from €1465.06 to €1674.35, averaging €1569.70.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages €1674.35.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from €2302.23 to €3139.41, averaging €2720.82.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from €2511.52 to €3139.41, averaging €2825.46.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between €136.04 and €313.94, averaging €286.03.
- Internet - Internet services range from €31.39 to €62.79, with an average cost of €46.34.
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"
Shannon offers a moderate cost of living with affordable housing options, especially outside the city centre.
Dining out can be relatively expensive, particularly in mid-range restaurants.
Transportation costs are reasonable, with competitive fuel prices and taxi fares.
Grocery prices are generally affordable, with some variation in fresh produce costs.
Conclusion
In conclusion, Shannon provides a balanced cost of living with affordable housing and reasonable transportation expenses.
While dining out may be on the pricier side, grocery shopping remains budget-friendly.
Overall, Shannon is a viable option for those seeking a comfortable lifestyle in Ireland without the high costs associated with larger cities.