Cost of living in Inverness
Inverness, located in the United Kingdom, is a city known for its rich history and scenic beauty. Understanding the cost of living here is crucial for anyone considering a move or planning to 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 $18.97 on average, with a range between $11.38 and $37.95.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $88.54, 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 $7.59 and $10.12.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $2.53 to $7.59, imported beer $5.06 to $8.85, cappuccino $3.73 to $5.69, and Coke/Pepsi $1.52 to $3.73.
Grocery Prices
- Milk - Milk is priced between $0.89 and $2.14 per liter, averaging $1.59.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.63 and $2.53, with an average price of $1.61.
- Eggs (Dozen) - A dozen eggs range from $2.53 to $5.06, averaging $3.04.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.26 to $5.68 per kg, while oranges range from $1.52 to $5.58 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.44 and $3.16 per kg, and lettuce costs $0.82 to $1.39 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $3.29 and $7.59, with a monthly pass priced between $56.92 and $63.24.
- Fuel (Gasoline) - Gasoline is priced between $1.77 and $1.96 per liter.
- Taxi Fares - Taxi fares start at $3.79, with a cost of $0.94 to $3.14 per km and $15.18 to $31.62 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $632.42 to $1391.32, averaging $1011.87.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $569.18 to $1011.87, averaging $822.15.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $1264.84 to $3288.58, averaging $2023.74.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1201.6 to $2150.23, averaging $1538.89.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre is $4205.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter is $3382.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $102.39 and $752.58, averaging $327.86.
- Internet - Internet services range from $31.62 to $63.24, with an average cost of $40.58.
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"
Inverness offers a moderate cost of living with affordable dining options and reasonable grocery prices.
Housing costs vary significantly depending on location, with city centre apartments being more expensive.
Transportation is relatively affordable, with public transport and fuel prices being manageable.
Utilities can be a significant expense, particularly for larger apartments.
Conclusion
In conclusion, Inverness presents a balanced cost of living, making it an attractive option for those seeking a blend of urban and rural lifestyles.
While housing in the city centre can be pricey, the overall expenses are manageable with careful budgeting.
Prospective residents should consider their lifestyle needs and budget accordingly to make the most of living in this charming city.