Cost of living in Newmarket
Newmarket, a charming town in the United Kingdom, is renowned for its rich history and vibrant community. Understanding the cost of living here is crucial for both potential residents and those planning to visit.
This guide provides a detailed breakdown of expenses, 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 £18.79 on average, with a range between £15.04 and £37.59.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around £78.31, with prices ranging from £56.38 to £131.56.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages £10.02, with a range between £9.4 and £12.53.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from £2.51 to £8.77, imported beer £4.51 to £8.77, cappuccino £1.88 to £6.26, and Coke/Pepsi £1.25 to £4.39.
Grocery Prices
- Milk - Milk is priced between £1.25 and £2.51 per liter, averaging £1.44.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between £0.98 and £5.26, with an average price of £1.35.
- Eggs (Dozen) - A dozen eggs range from £2 to £5.26, averaging £3.38.
- Fruits (e.g., Apples, Oranges) - Apples cost £1.88 to £3.76 per kg, while oranges range from £1.25 to £5.01 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between £0.81 and £2.51 per kg, and lettuce costs £0.88 to £2.51 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between £1.78 and £2.24 per liter.
- Taxi Fares - Taxi fares start at £4.39, with a cost of £0.85 to £4.01 per km and £11.28 to £50.12 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Data not provided.
- 1-Bedroom Apartment Rent (Outside Centre) - Data not provided.
- 3-Bedroom Apartment Rent (City Centre) - Data not provided.
- 3-Bedroom Apartment Rent (Outside Centre) - Data not provided.
- Buying Price per Square Meter (City Centre) - Data not provided.
- Buying Price per Square Meter (Outside Centre) - Data not provided.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between £170.41 and £689.15, averaging £290.45.
- Internet - Internet services range from £28.82 to £50.12, with an average cost of £35.16.
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
Restaurants
Restaurants
Markets
Markets
Transportation
Transportation
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Newmarket offers a diverse range of dining options, with prices varying significantly between casual and upscale restaurants.
Grocery prices are relatively moderate, with essentials like milk and bread being affordable.
Transportation costs, particularly for gasoline and taxis, are notable expenses to consider.
Utility costs can vary widely, so budgeting for these is essential.
Conclusion
In conclusion, Newmarket presents a varied cost of living landscape, with dining and transportation being significant factors.
While some expenses like groceries and utilities are manageable, potential residents should plan carefully for housing and transportation costs.
Overall, understanding these costs will aid in making informed decisions about living in or visiting Newmarket.