Cost of living in Fareham
Fareham, located in the United Kingdom, offers a unique blend of suburban charm and accessibility to larger cities. Understanding the cost of living in Fareham is crucial for potential residents and those planning to relocate.
This guide provides a detailed breakdown of expenses, including housing, transportation, groceries, and more, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost £15.18 on average, with a range between £12.65 and £31.62.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around £63.24, with prices ranging from £63.24 to £126.48.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages £8.85, with a range between £7.46 and £8.85.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from £2.53 to £6.64, imported beer £3.16 to £7.59, cappuccino £2.53 to £4.3, and Coke/Pepsi £1.26 to £3.16.
Grocery Prices
- Milk - Milk is priced between £0.81 and £1.63 per liter, averaging £1.58.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between £0.67 and £1.52, with an average price of £1.26.
- Eggs (Dozen) - A dozen eggs range from £2.78 to £7.59, averaging £3.35.
- Fruits (e.g., Apples, Oranges) - Apples cost £1.26 to £3.42 per kg, while oranges range from £1.64 to £5.06 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between £0.89 and £2.53 per kg, and lettuce costs £0.54 to £2.53 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between £1.80 and £1.88 per liter.
- Taxi Fares - Taxi fares start at £3.54, with a cost of £1.34 to £1.68 per km and £15.18 to £22.77 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages £1201.60.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages £1075.11.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages £1897.26.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages £1770.78.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between £252.97 and £632.42, averaging £379.45.
- Internet - Internet services range from £30.36 to £189.73, with an average cost of £33.64.
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"
Fareham presents a moderate cost of living with housing and dining being significant expenses. The city offers a variety of dining options, from casual to upscale, and grocery prices are relatively stable.
Transportation costs are reasonable, with fuel prices slightly above average. Housing costs vary significantly between the city centre and outskirts, offering options for different budgets.
Utilities can be a considerable expense, especially for larger apartments, but internet costs remain competitive.
Conclusion
In conclusion, Fareham offers a balanced cost of living with diverse options for dining, housing, and transportation. While some areas like utilities and housing in the city centre can be pricey, there are opportunities to manage expenses by choosing locations outside the centre or opting for more budget-friendly dining options.
Overall, Fareham is a desirable location for those seeking a suburban lifestyle with access to urban amenities, making it a viable option for both individuals and families.