Cost of living in London
London, Ohio, offers a unique blend of small-town charm and accessibility to larger urban areas. Understanding the cost of living in this city is crucial for both current residents and those considering a move.
This guide provides a detailed breakdown of expenses in London, OH, covering everything from dining and groceries to transportation and housing.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $16 on average, with a range between $8 and $32.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $54.5, with prices ranging from $45 to $80.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $8.5, with a range between $8 and $8.5.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3.25 to $10, imported beer $5 to $12, cappuccino $3 to $5, and Coke/Pepsi $2 to $3.
Grocery Prices
- Milk - Milk is priced between $0.71 and $0.86 per liter, averaging $0.81.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.47 and $4.41, with an average price of $2.81.
- Eggs (Dozen) - A dozen eggs range from $2.42 to $2.8, averaging $2.67.
- Fruits (e.g., Apples, Oranges) - Apples cost $3.9 to $5.67 per kg, while oranges range from $2.47 to $10.1 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced at $3.75 per kg, and lettuce costs $1.5 to $2.99 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.71 and $0.94 per liter.
- New Car Prices - A Volkswagen Golf costs $36,111.63, while a Toyota Corolla is priced at $26,427.25.
Housing Costs
- Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child - The cost for private preschool is between $500 and $600 monthly.
- International Primary School, Yearly for 1 Child - Yearly tuition for international primary school is $5,000.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $175 and $236.11, averaging $205.56.
- Internet - Internet services range from $55 to $80, with an average cost of $67.17.
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
Restaurants
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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"
London, OH, offers a relatively affordable cost of living compared to larger cities. Dining out can be budget-friendly, especially at casual restaurants.
Grocery prices are reasonable, with staples like milk and bread being quite affordable. Transportation costs are manageable, with gasoline prices being relatively low.
Utilities and internet services are moderately priced, making it easier to manage monthly expenses.
Conclusion
Overall, London, OH, provides a cost-effective living environment with a balance of affordable dining, grocery, and transportation options.
The city's reasonable utility costs and accessible education options make it an attractive choice for families and individuals alike.