Cost of living in Randburg
Randburg, a bustling suburb of Johannesburg, South Africa, offers a unique blend of urban living and suburban charm. Understanding the cost of living in Randburg is crucial for both current residents and those considering a move to this vibrant area.
This guide provides a detailed breakdown of expenses, 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 $11.03 on average, with a range between $4.69 and $16.55.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $41.37, with prices ranging from $24.82 to $55.16.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $4.55, with a range between $3.86 and $5.52.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1.21 to $2.76, imported beer $1.38 to $3.86, cappuccino $1.1 to $2.76, and Coke/Pepsi $0.66 to $1.38.
Grocery Prices
- Milk - Milk is priced between $0.72 and $1.65 per liter, averaging $1.11.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.62 and $1.32, with an average price of $1.04.
- Eggs (Dozen) - A dozen eggs range from $1.28 to $3.64, averaging $2.4.
- Fruits (e.g., Apples, Oranges) - Apples cost $0.83 to $2.15 per kg, while oranges range from $0.69 to $3.31 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.22 and $2.21 per kg, and lettuce costs $0.39 to $1.21 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $1.17 and $1.38 per liter.
- Taxi Fares - Taxi fares start at $1.1, with a cost of $0.55 to $1.65 per km and $2.76 to $5.52 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs between $16,548.24 and $27,580.39, while a Toyota Corolla ranges from $19,306.28 to $27,580.39.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre is consistently $275.8.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $275.8 to $386.13, averaging $330.96.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $441.29 to $551.61, averaging $496.45.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $551.61 to $772.25, averaging $625.16.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre is $661.93.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter is $551.61.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $66.19 and $187.55, averaging $113.58.
- Internet - Internet services range from $28.96 to $55.16, with an average cost of $40.68.
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"
Randburg offers a relatively affordable cost of living compared to other major cities. Dining out is reasonably priced, with a variety of options from casual to mid-range restaurants.
Grocery prices are competitive, and housing costs are moderate, especially for those looking to rent outside the city centre.
Transportation costs are manageable, with affordable fuel prices and taxi fares. Utilities and internet services are also reasonably priced, making Randburg a cost-effective choice for residents.
Conclusion
In conclusion, Randburg presents a balanced cost of living that caters to a wide range of budgets. The city offers affordable dining, competitive grocery prices, and moderate housing costs, particularly for those renting outside the city centre.
With manageable transportation and utility expenses, Randburg is an attractive option for individuals and families seeking a cost-effective lifestyle in South Africa.