Cost of living in Lawrence
Lawrence, MA, is a vibrant city located in the United States, known for its rich history and diverse community. Understanding the cost of living in Lawrence is crucial for anyone considering moving to or residing in the city.
This guide provides a detailed breakdown of various expenses, including housing, transportation, groceries, 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 $25 on average, with a range between $15 and $40.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $110, with prices ranging from $100 to $180.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $12, with a range between $10 and $15.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4 to $8, imported beer $6 to $12, cappuccino $4 to $6, and Coke/Pepsi $2 to $4.
Grocery Prices
- Milk - Milk is priced between $0.7 and $4 per liter, averaging $1.47.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.98 and $6.01, with an average price of $3.46.
- Eggs (Dozen) - A dozen eggs range from $2.07 to $8, averaging $5.66.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.18 to $8 per kg, while oranges range from $5 to $6.61 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $2.2 and $6.61 per kg, and lettuce costs $2.5 to $3.99 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.83 and $1.06 per liter.
- Taxi Fares - Taxi fares start at $4, with additional costs per km not specified.
- Car Purchase - A new Volkswagen Golf costs $36,036.53, while a Toyota Corolla is priced at $26,372.29.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $1500.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent for a 3-bedroom apartment averages $1800.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $250 and $400, averaging $302.32.
- Internet - Internet services range from $50 to $75, with an average cost of $59.17.
- Mobile Phone Plan - A mobile phone plan with calls and 10GB+ data costs between $30 and $225, averaging $127.75.
Cost of Living Rankings
The cost of living indices for the United States 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 States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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Transportation
Transportation
Rent Per Month
Rent Per Month
Utilities (Monthly)
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Sports And Leisure
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Clothing And Shoes
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Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Lawrence, MA, presents a moderate cost of living with relatively high dining and grocery prices.
Housing costs are significant, especially for city centre apartments, while transportation and utility expenses are manageable.
Prospective residents should budget carefully for dining and housing to maintain a comfortable lifestyle.
Conclusion
In conclusion, Lawrence, MA, offers a balanced lifestyle with its moderate cost of living. While some expenses like dining and housing can be on the higher side, careful budgeting can help manage these costs effectively.
Understanding these expenses is crucial for anyone planning to move to or live in Lawrence, ensuring a well-prepared financial plan.