Cost of living in Fourways
Fourways, a bustling suburb in South Africa, offers a unique blend of urban convenience and suburban tranquility. Understanding the cost of living here is crucial for anyone considering a move or planning to budget effectively.
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 $8.28 on average, with a range between $4.97 and $19.32.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $27.6, with prices ranging from $19.32 to $55.2.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $4.55, with a range between $3.86 and $9.94.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1.38 to $3.59, imported beer $1.66 to $4.14, cappuccino $1.1 to $3.04, and Coke/Pepsi $0.66 to $1.66.
Grocery Prices
- Milk - Milk is priced between $0.83 and $1.93 per liter, averaging $0.97.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.62 and $1.38, with an average price of $0.84.
- Eggs (Dozen) - A dozen eggs range from $1.28 to $3.97, averaging $1.99.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.1 to $1.93 per kg, while oranges range from $0.94 to $3.59 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.83 and $2.21 per kg, and lettuce costs $0.72 to $1.21 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $1.2 and $1.58 per liter.
- Taxi Fares - Taxi fares start at $1.38, with a cost of $0.61 to $1.66 per km and $2.76 to $3.31 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs between $9384.05 and $19320.67, while a Toyota Corolla ranges from $13988.21 to $30029.84.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $248.41 to $496.82, averaging $358.81.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $231.85 to $441.62, averaging $362.49.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $469.22 to $883.23, averaging $676.22.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $386.41 to $828.03, averaging $634.82.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $66.24 and $181.29, averaging $80.5.
- Internet - Internet services range from $27.6 to $55.15, with an average cost of $37.54.
Cost of Living Rankings
The cost of living indices for South Africa 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 South Africa, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Fourways offers a relatively affordable cost of living compared to major urban centers. Dining out is reasonably priced, and grocery costs are manageable.
Housing is affordable, especially for those looking to rent outside the city centre. Transportation costs are moderate, with fuel prices being a significant expense.
Utilities and internet services are competitively priced, making it easier to manage monthly expenses.
Conclusion
In conclusion, Fourways presents a balanced cost of living, making it an attractive option for individuals and families seeking a suburban lifestyle with urban amenities.
While some costs like transportation and utilities are moderate, the overall affordability of housing and dining makes it a viable choice for many.