Cost of living in Formia
Formia, a picturesque city in Italy, offers a unique blend of historical charm and modern amenities. Understanding the cost of living here is crucial for anyone considering a move or extended stay.
This guide provides a detailed breakdown of expenses in Formia, covering everything from dining and groceries to transportation and housing.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $15.63 on average, with a range between $13.54 and $20.84.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $62.51, with prices ranging from $62.51 to $104.18.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10.42.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4.17 to $5.73, imported beer $3.96 to $6.25, cappuccino $1.04 to $2.08, and Coke/Pepsi $2.08 to $3.13.
Grocery Prices
- Milk - Milk is priced between $1.04 and $1.56 per liter, averaging $1.3.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.51 and $4.17, with an average price of $1.77.
- Eggs (Dozen) - A dozen eggs range from $1.98 to $4.5, averaging $3.4.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.03 to $1.77 per kg, while oranges range from $1.03 to $3.13 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.04 and $1.56 per kg, and lettuce costs $1.04 to $2.08 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $1.67 and $1.88 per liter.
- Taxi Fares - Taxi fares start at $3.13, with a cost of $1.04 to $1.35 per km and $26.05 to $31.25 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Data not provided.
- 1-Bedroom Apartment Rent (Outside Centre) - Data not provided.
- 3-Bedroom Apartment Rent (City Centre) - Data not provided.
- 3-Bedroom Apartment Rent (Outside Centre) - Data not provided.
- Buying Price per Square Meter (City Centre) - Data not provided.
- Buying Price per Square Meter (Outside Centre) - Data not provided.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $154.97 and $187.53, averaging $170.97.
- Internet - Internet services range from $20.84 to $31.25, with an average cost of $26.83.
Cost of Living Rankings
The cost of living indices for Italy 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 Italy, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Formia offers a moderate cost of living with affordable dining options and reasonable grocery prices.
Transportation costs are manageable, with gasoline prices slightly above average.
Utilities are reasonably priced, but housing data is not available, making it difficult to assess overall housing affordability.
Conclusion
In conclusion, Formia presents a balanced cost of living, particularly in dining and grocery expenses.
While transportation and utility costs are moderate, the lack of housing data suggests potential residents should research further to understand rental and property prices.
Overall, Formia is an attractive option for those seeking a blend of Italian culture and modern living at a reasonable cost.