Cost of living in Cambridge
Cambridge, located in the beautiful island nation of Jamaica, offers a unique blend of cultural richness and natural beauty. Understanding the cost of living in Cambridge is crucial for anyone considering moving to or visiting this vibrant city.
This guide provides a detailed breakdown of the expenses you can expect, from dining and groceries to transportation and housing, helping you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $7.59 on average, with a range between $5.08 and $15.82.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $75.93, with prices ranging from $44.29 to $113.9.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $8.7, with a range between $6.96 and $10.12.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1.27 to $5.06, imported beer $2.66 to $6.33, cappuccino $1.27 to $6.96, and Coke/Pepsi $1.08 to $1.9.
Grocery Prices
- Milk - Milk is priced between $2.53 and $5.06 per liter, averaging $4.07.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.85 and $4.88, with an average price of $3.61.
- Eggs (Dozen) - A dozen eggs range from $3.04 to $6.33, averaging $4.39.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.42 to $9.44 per kg, while oranges range from $1.9 to $13.95 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.27 and $3.16 per kg, and lettuce costs $1.39 to $3.8 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $1.24 and $1.32 per liter.
- Taxi Fares - Taxi fares start at $0.95, with a cost of $2.85 to $3.8 per km and $3.16 to $6.33 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs between $37,965.26 and $44,292.81, while a Toyota Corolla ranges from $28,473.95 to $37,965.26.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Data not available for specific rental prices in the city centre.
- 1-Bedroom Apartment Rent (Outside Centre) - Data not available for specific rental prices outside the city centre.
- Buying Price per Square Meter (City Centre) - Data not available for buying prices per square meter in the city centre.
- Buying Price per Square Meter (Outside Centre) - Data not available for buying prices per square meter outside the city centre.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $126.55 and $240.45, averaging $156.92.
- Internet - Internet services range from $50.94 to $56.95, with an average cost of $53.41.
Cost of Living Rankings
The cost of living indices for Jamaica 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 Jamaica, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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Salaries And Financing
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"Key Takeaways"
Cambridge, Jamaica, offers a relatively affordable cost of living, especially in dining and grocery expenses.
Transportation costs are moderate, with gasoline prices being fairly stable.
Housing data is limited, but utility costs are reasonable, making it a potentially attractive location for budget-conscious individuals.
Conclusion
In conclusion, Cambridge, Jamaica, presents a cost-effective living environment with affordable dining and grocery options.
While housing data is limited, the overall expenses suggest a balanced lifestyle for residents and visitors alike.
Potential residents should consider the moderate transportation and utility costs when planning their budget.