Cost of living in Milton Keynes
Milton Keynes, a vibrant city in the United Kingdom, offers a unique blend of modern living and cultural heritage. Understanding the cost of living here is crucial for anyone considering moving to or residing in the city.
This guide provides a detailed breakdown of expenses in Milton Keynes, 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 $18.97 on average, with a range between $15.18 and $37.95.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $79.05, with prices ranging from $56.92 to $113.84.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10.12, with a range between $9.49 and $12.65.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $2.53 to $8.85, imported beer $4.55 to $8.85, cappuccino $1.9 to $6.32, and Coke/Pepsi $1.26 to $2.53.
Grocery Prices
- Milk - Milk is priced between $1.26 and $2.53 per liter, averaging $1.45.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.99 and $5.31, with an average price of $1.36.
- Eggs (Dozen) - A dozen eggs range from $2.02 to $5.31, averaging $3.42.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.9 to $3.79 per kg, while oranges range from $1.26 to $5.06 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.82 and $2.53 per kg, and lettuce costs $0.89 to $2.53 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $2.53 and $5.06, with a monthly pass priced between $63.24 and $93.6.
- Fuel (Gasoline) - Gasoline is priced between $1.8 and $1.95 per liter.
- Taxi Fares - Taxi fares start at $2.28, with a cost of $1.26 per km and $11.38 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 ranges from $1201.6 to $1834.02, averaging $1471.43.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1201.6 to $1517.81, averaging $1328.08.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $2276.71 to $2529.68, averaging $2361.03.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1581.05 to $2150.23, averaging $1849.83.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre averages $5059.36.
- 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 $172.02 and $695.66, averaging $293.19.
- Internet - Internet services range from $29.09 to $50.59, with an average cost of $35.49.
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"
Milton Keynes offers a moderate cost of living with relatively affordable dining and grocery options. Housing costs vary significantly between the city centre and outskirts, with city centre prices being higher.
Transportation is reasonably priced, with public transport and fuel costs being manageable. Utilities can be a significant expense, especially for larger apartments.
Conclusion
In conclusion, Milton Keynes presents a balanced cost of living, making it an attractive option for both individuals and families. While housing in the city centre can be pricey, the outskirts offer more affordable options.
Potential residents should consider their lifestyle preferences and budget to make the most of what Milton Keynes has to offer. Overall, the city provides a good quality of life with access to essential services and amenities.