Britain can be your choice of destination for living or for studying. If you have planned to move to Britain, one of the things you might be wondering about will be the cost of living in Britain. Your food, accommodation, boarding and lodging, utilities, entertainment, and a lot of other local expenses can add up to the whole cost. Apart from the basic necessities, other miscellaneous expenses may further add to your budget. It is always a good idea to have a realistic view of the expenses in a new place so that you can make the most of what the country has to offer.
Is it expensive to live in Britain? Below we will try to get a snapshot of the general life in the country and what your monthly expenses can be like.
Britain has a lot to offer despite the price tag. The country has got an impressive infrastructure and an advanced transport system. Another attraction is the NHS or the National Health Service, which is public-funded. The cost of living in the United Kingdom is rather high, but the wages you get there are high as well. London, Milton Keynes, Bath, and Reading are among the top 5 expensive places to live in Britain. Aberdeen, Cambridge, Oxford, Portsmouth and Edinburgh are relatively affordable cities, while cities like Derby, Belfast, Newcastle, Cardiff, Liverpool and Sheffield are relatively low on the cost of living index.
Many factors determine your cost of living in this country. It is often a good idea to determine your living expenses based on today’s pound rate. A good metric gives a better measurement as to which city is cheaper or expensive to live in.
Expatistan, a data comparison website, gives the average UK cost of living as:
This website has ranked Britain as the 14th most expensive country to live in.
Whether you are going to Britain as a student or as an employee, or just planning to settle down in the country, your cost of living will be significantly impacted by the place you choose to live. For example, people who choose to live in London will have a higher living cost than someone staying in Sheffield or other parts of the country.
One of the most intimidating financial aspects is how pricey it is to buy or rent accommodation. Northern England is less expensive than in Southern England cities. Like in any other country in the world, the differences in living costs in various parts of the country are significant.
Here is the average rent for the major cities in Britain at a glance:
The average monthly rent for a 900 sq ft furnished area is around 1200-2000 GBP. The average monthly rent of 450 sq ft furnished area in a studio apartment is around 1000-1200 GBP. |
England has excellent educational facilities. Education is compulsory for children in the age group of 5 -17 years. Education starts at the age of 5 years and finishes at the age of 16 or 17, after completing their GCSEs.
The cost of living in Britain also includes other miscellaneous costs, like those for the internet, books, toiletries, clothes, recreation and entertainment, tours and travel, and other items and services you may need. Your budget should also be accommodating health care and insurance costs, emergency issues, or any excess school costs. If you are relocating to Britain or planning to stay there for some time, make sure to estimate your living costs and accordingly plan your budget to enjoy a good, quality life there.
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