Cost of living in Oxford
Oxford, a city renowned for its prestigious university and rich history, offers a unique living experience in the United Kingdom. Understanding the cost of living in Oxford is crucial for students, professionals, and families considering a move to this vibrant city.
The cost of living encompasses various aspects such as housing, dining, transportation, and utilities, all of which contribute to the overall expenses one might incur while residing in Oxford.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $17.71 on average, with a range between $13.91 and $21.5.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $74.63, with prices ranging from $60.71 to $151.78.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $9.49, with a range between $7.59 and $10.12.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $5.06 to $8.22, imported beer $5.38 to $7.59, cappuccino $3.16 to $5.06, and Coke/Pepsi $1.26 to $3.16.
Grocery Prices
- Milk - Milk is priced between $0.97 and $2.15 per liter, averaging $1.77.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.19 and $2.85, with an average price of $1.69.
- Eggs (Dozen) - A dozen eggs range from $3.04 to $6.32, averaging $4.98.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.53 to $5.06 per kg, while oranges range from $1.26 to $5.27 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.89 and $2.53 per kg, and lettuce costs $0.63 to $1.26 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 $75.89 and $139.13.
- Fuel (Gasoline) - Gasoline is priced between $1.8 and $2.15 per liter.
- Taxi Fares - Taxi fares start at $3.16, with a cost of $1.57 to $2.67 per km and $22.77 to $25.8 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $1897.26 to $2403.2, averaging $2002.66.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1264.84 to $1644.29, averaging $1465.11.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $3035.62 to $4616.67, averaging $3263.29.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1897.26 to $2782.65, averaging $2241.58.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre averages $12648.4.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $4377.61 to $6324.2, averaging $5206.5.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $265.62 and $645.07, averaging $356.57.
- Internet - Internet services range from $31.62 to $56.92, with an average cost of $42.06.
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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Clothing And Shoes
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Salaries And Financing
Salaries And Financing
Childcare
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"Key Takeaways"
Oxford presents a relatively high cost of living, particularly in terms of housing and dining. The city centre is notably more expensive than areas outside the centre.
Transportation costs are moderate, with public transport offering a viable option for daily commuting. Grocery prices vary, with some items like milk and bread being reasonably priced.
Utilities can be a significant expense, especially for larger apartments, and it's advisable to budget accordingly.
Conclusion
Living in Oxford offers a blend of historical charm and modern amenities, but it comes with a higher cost of living compared to many other UK cities.
Prospective residents should consider the higher housing and dining costs, while also taking advantage of the city's efficient public transport system to manage expenses.