Cost of living in Banbury
Banbury, a historic market town in the United Kingdom, offers a unique blend of traditional charm and modern amenities. Understanding the cost of living in Banbury is crucial for anyone considering relocating or planning a visit.
This guide provides a detailed breakdown of the expenses you can expect, 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 £18.78 on average, with a range between £10.02 and £37.56.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around £71.99, with prices ranging from £50.08 to £87.64.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages £8.51, with a range between £7.01 and £10.02.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from £2.5 to £6.51, imported beer £3.76 to £6.26, cappuccino £2.5 to £6.01, and Coke/Pepsi £1.25 to £2.5.
Grocery Prices
- Milk - Milk is priced between £1.25 and £2.37 per liter, averaging £1.25.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between £1.13 and £2.5, with an average price of £1.5.
- Eggs (Dozen) - A dozen eggs range from £2.94 to £6.01, averaging £4.16.
- Fruits (e.g., Apples, Oranges) - Apples cost £2 to £3.76 per kg, while oranges range from £1.13 to £4.38 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between £1.13 and £2.5 per kg, and lettuce costs £0.63 to £1.5 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between £2.75 and £4.26.
- Fuel (Gasoline) - Gasoline is priced between £1.78 and £2.05 per liter.
- Taxi Fares - Taxi fares start at £3, with a cost of £1.24 to £1.55 per km and £9.77 to £22.54 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from £813.83 to £1377.26, averaging £1105.98.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from £751.23 to £1001.64, averaging £876.44.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from £1627.67 to £1940.68, averaging £1773.74.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent is consistently priced at £1502.46.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between £187.81 and £400.94, averaging £200.33.
- Internet - Internet services range from £36.31 to £65.11, with an average cost of £39.86.
Cost of Living Rankings
The cost of living indices for United Kingdom 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 United Kingdom, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Restaurants
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Markets
Markets
Transportation
Transportation
Rent Per Month
Rent Per Month
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Banbury offers a moderate cost of living with relatively affordable housing options compared to larger UK cities.
Dining out can vary significantly in price, offering both budget-friendly and upscale options.
Transportation costs are reasonable, with public transport and fuel prices being manageable.
Grocery prices are competitive, with a variety of options available for fresh produce and essentials.
Conclusion
In conclusion, Banbury presents a balanced cost of living, making it an attractive option for those seeking a blend of affordability and quality of life.
Whether you're considering a move or a visit, understanding these costs will help you plan your budget effectively and enjoy all that Banbury has to offer.