Cost of living in Fakenham
Fakenham, a charming town in the United Kingdom, offers a unique blend of rural and urban living. Understanding the cost of living here is crucial for both potential residents and those planning to relocate.
This guide provides a detailed breakdown of expenses in Fakenham, covering essential categories such as dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost £11.26 on average, with a range between £6.26 and £25.04.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around £62.60, with prices ranging from £47.58 to £125.21.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages £8.76, with a range between £7.51 and £8.76.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from £3.76 to £6.26, imported beer £2.50 to £6.89, cappuccino £1.87 to £5.01, and Coke/Pepsi £1.25 to £2.50.
Grocery Prices
- Milk - Milk is priced between £1.25 and £2.00 per liter, averaging £1.73.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between £1.02 and £1.88, with an average price of £1.51.
- Eggs (Dozen) - A dozen eggs range from £2.25 to £3.69, averaging £3.26.
- Fruits (e.g., Apples, Oranges) - Apples cost £1.25 to £5.01 per kg, while oranges range from £1.75 to £3.13 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between £0.75 and £4.38 per kg, and lettuce costs £0.63 to £0.94 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between £1.78 and £2.02 per liter.
- Taxi Fares - Taxi fares start at £3.26, with a cost of £1.06 to £1.55 per km and £17.28 to £24.79 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Data not available for city centre rent in Fakenham.
- 1-Bedroom Apartment Rent (Outside Centre) - Data not available for outside centre rent in Fakenham.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between £125.21 and £945.99, averaging £257.92.
- Internet - Internet services range from £28.78 to £43.82, with an average cost of £30.04.
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
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"Key Takeaways"
Fakenham offers a relatively affordable dining experience, with inexpensive meals available at local restaurants.
Grocery prices are moderate, with essentials like milk and bread priced reasonably.
Transportation costs, particularly for gasoline, are on the higher side, reflecting broader trends in the UK.
Utility costs can vary significantly, so budgeting for higher expenses is advisable.
Conclusion
In conclusion, Fakenham presents a balanced cost of living with affordable dining and moderate grocery prices.
While transportation and utility costs may be higher, careful budgeting can help manage these expenses effectively.
Overall, Fakenham offers a pleasant living environment with a mix of rural charm and urban convenience.