Cost of living in Folkestone
Folkestone, a charming coastal town in the United Kingdom, offers a unique blend of seaside living and cultural heritage. Understanding the cost of living in Folkestone is crucial for both current residents and those considering a move to this picturesque locale.
This guide provides a detailed breakdown of expenses in Folkestone, covering everything 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 £16.34 on average, with a range between £12.57 and £31.42.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around £62.84, with prices ranging from £42.73 to £125.69.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages £10.06, with a range between £7.54 and £12.57.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from £3.14 to £8.8, imported beer £5.03 to £6.91, cappuccino £3.14 to £6.28, and Coke/Pepsi £2.39 to £4.4.
Grocery Prices
- Milk - Milk is priced between £1.11 and £2.51 per liter, averaging £1.5.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between £0.75 and £3.14, with an average price of £1.27.
- Eggs (Dozen) - A dozen eggs range from £1.73 to £3.92, averaging £3.19.
- Fruits (e.g., Apples, Oranges) - Apples cost £0.83 to £5.53 per kg, while oranges range from £1.89 to £2.83 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between £0.45 and £2 per kg, and lettuce costs £0.63 to £2.51 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs £2.51.
- Fuel (Gasoline) - Gasoline is priced between £1.78 and £2.07 per liter.
- Taxi Fares - Taxi fares start at £3.77, with a cost of £1.37 to £1.68 per km and £15.08 to £24.89 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages £1068.35.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from £628.44 to £874.79, averaging £751.62.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages £1410.22.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from £1508.26 to £1527.11, averaging £1517.69.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre averages £3267.9.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter averages £3267.9.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between £189.93 and £251.38, averaging £230.89.
- Internet - Internet services range from £31.42 to £52.79, with an average cost of £34.56.
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"
Folkestone offers a moderate cost of living with reasonable prices for dining and groceries. Housing costs vary significantly between the city centre and outskirts, providing options for different budgets.
Transportation is affordable, with public transport and fuel prices being relatively low. Utilities and internet services are also reasonably priced, contributing to an overall balanced cost of living.
Conclusion
In conclusion, Folkestone presents a balanced cost of living, making it an attractive option for those seeking a coastal lifestyle in the UK. With a variety of housing options and affordable transportation, it caters to diverse financial needs.
Whether you're planning to move or just curious about living costs, Folkestone offers a welcoming environment with manageable expenses, ensuring a comfortable lifestyle.