Cost of living in Ipswich
Ipswich, a historic town in the United Kingdom, offers a unique blend of cultural heritage and modern living. Understanding the cost of living in Ipswich is crucial for both current residents and those considering a move to this charming locale.
This guide provides a detailed breakdown of the expenses associated with living in Ipswich, including housing, dining, transportation, 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 $20.24 on average, with a range between $12.65 and $50.59.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $101.19, with prices ranging from $63.24 to $126.48.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10.11, with a range between $8.73 and $12.65.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $5.06 to $10.12, imported beer $5.06 to $10.12, cappuccino $4.42 to $6.32, and Coke/Pepsi $1.01 to $3.79.
Grocery Prices
- Milk - Milk is priced between $0.95 and $2.53 per liter, averaging $1.64.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.76 and $3.16, with an average price of $1.28.
- Eggs (Dozen) - A dozen eggs range from $1.75 to $6.07, averaging $3.41.
- Fruits (e.g., Apples, Oranges) - Apples cost $0.83 to $5.06 per kg, while oranges range from $1.26 to $2.85 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.46 and $2.53 per kg, and lettuce costs $0.54 to $2.52 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $2.53 and $3.79, with a monthly pass priced between $65.77 and $82.21.
- Fuel (Gasoline) - Gasoline is priced between $1.69 and $2.09 per liter.
- Taxi Fares - Taxi fares start at $3.29, with a cost of $1.1 to $1.69 per km and $15.18 to $24.28 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $885.39 to $1138.36, averaging $1011.87.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $632.42 to $885.39, averaging $758.9.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $1138.36 to $1517.81, averaging $1391.32.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1264.84 to $2371.57, averaging $1675.91.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre averages $4806.39.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter averages $3794.52.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $189.73 and $389.73, averaging $323.1.
- Internet - Internet services range from $31.62 to $53.12, with an average cost of $35.84.
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"
Ipswich offers a moderate cost of living with relatively affordable housing options compared to larger UK cities. Dining out can vary significantly in price, with options for both budget-friendly and upscale experiences.
Transportation costs are reasonable, with public transport and fuel prices being manageable. Grocery prices are competitive, making it easier to maintain a balanced budget.
Utilities and internet services are moderately priced, contributing to the overall affordability of living in Ipswich.
Conclusion
In conclusion, Ipswich presents a balanced cost of living that accommodates a range of budgets. The city offers affordable housing, reasonable transportation costs, and competitive grocery prices, making it an attractive option for individuals and families alike.
Whether you're planning to move to Ipswich or are already a resident, understanding these costs can help you manage your finances effectively and enjoy all that this historic town has to offer.