Cost of living in Matera
Matera, a historic city in Italy, is renowned for its ancient cave dwellings and stunning landscapes. Understanding the cost of living in Matera is crucial for anyone considering relocating or visiting.
This guide provides a detailed breakdown of expenses in Matera, including housing, dining, transportation, and more, to help you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $12.52 on average, with a range between $9.39 and $26.07.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $62.58, with prices ranging from $52.15 to $146.02.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10.43, with a range between $8.34 and $12.52.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $2.61 to $8.34, imported beer $3.13 to $6.26, cappuccino $1.04 to $3.13, and Coke/Pepsi $1.56 to $3.13.
Grocery Prices
- Milk - Milk is priced between $1.04 and $2.09 per liter, averaging $1.15.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.04 and $2.09, with an average price of $1.53.
- Eggs (Dozen) - A dozen eggs range from $2.5 to $5.84, averaging $3.38.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.46 to $4.48 per kg, while oranges range from $1.04 to $4.69 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.04 and $3.13 per kg, and lettuce costs $0.83 to $2.72 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $0.83.
- Monthly Pass - A monthly pass for public transport is priced at $18.77.
- Fuel (Gasoline) - Gasoline is priced between $1.77 and $2.29 per liter.
- Taxi Fares - Taxi fares start at $5.21, with a cost of $2.14 per km and $31.29 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $417.19 to $730.08, averaging $573.63.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $260.74 to $521.49, averaging $391.11.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre is $834.38.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $521.49 to $677.93, averaging $599.71.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre is $1981.65.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter is $1251.57.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $125.59 and $265.96, averaging $156.45.
- Internet - Internet services range from $23.99 to $46.93, with an average cost of $29.97.
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"
Matera offers a relatively affordable cost of living compared to larger Italian cities, with moderate housing and dining costs.
Public transportation is economical, and basic utilities are reasonably priced, making it a budget-friendly option for residents.
Grocery prices are competitive, though some imported goods and specialty items may be more expensive.
Conclusion
In conclusion, Matera presents a balanced cost of living, ideal for those seeking a blend of historical charm and modern amenities.
With affordable housing and transportation, along with reasonable dining and grocery costs, Matera is an attractive option for both locals and expatriates.
Potential residents should consider the city's unique cultural offerings and lifestyle benefits when evaluating their move.