How Much Does It Cost to Live In Peterborough?
Peterborugh belongs to ten best cities to live in the United Kingdom, and this makes it very attractive to foreigners who are ready to start a new life there.
The ranking is done according to the quality of life you can get there, and Peterborough has to offer not so high wages as you might expect in the United Kingdom, but low living costs that are in line with the salaries.
Significant differences related to the cost of living exist within all of the United Kingdom and choosing the ideal place can be troublesome.Cost of Living Index:
United Kingdom : Cost of Living by City
- Milton Keynes
- Newcastle upon Tyne
As in any city in the world, there are positive and negative aspects to life in Peterborough.
Restaurants are very frequently visited even though meals are not cheap.
The high price of food affects restaurant prices, so going to the least expensive ones will be a good choice.
It is an expensive place for people who do not earn enough, as food prices are around the country’s average, while salaries are lower.
What you can do to save some money on this expense is to do the weekly grocery shopping at local markets in Peterborough.
Having a car in Petersborough and paying all the expenses which go with it is not for a person with the budget less than the average one.
On the other hand, the city is well served by public transport which is efficient and affordable and this is the means of commuting most frequently used by its residents.
While rents are low, utilities are quite expensive here.
It is true that the Internet speed is better than average, and you will need to devote around $40 per month for it.
Other services will depend on the amount spent, but they are approximately $230 per month.
SPORTS & LEISURE
No matter whether you are either a sports lover or a cinema goer, having entertainment time is necessary in each person’s life.
In Peterborough, there are never enough events and happenings, so you will not be bored.
Fitness clubs and gyms are available throughout the city, at reasonable prices.
CLOTHING & SHOES
Peterborough is a desirable city to live in, and numerous shopping facilities make this stay more appealing and interesting.
It is known that not much money is spent on clothing, but people with high budgets will find designer apparel more affordable than in some other major cities.
RENT PER MONTH
Incomes are fairly good when compared to some other less developed cities in the United Kingdom, while rent prices are quite low.
It is possible to rent a three-bedroom apartment in the city center for less than $1000 which is impossible in the majority of cities in this country.
Cost of Living Averages Table for Peterborough*Note: All prices are indicated in USD.
|Average Restaurant Prices|
|Meal (Inexpensive Restaurant)||$19.29|
|Domestic Beer (0.5 Liter)||$4.59|
|Water (0.33 Liter)||$1.20||Average Market Prices|
|Milk (1 Liter)||$1.16|
|Loaf Bread (500g)||$1.33|
|Eggs (12)||$2.48||Average Transport Prices|
|One Way Ticket||$3.33|
|Gasoline||$1.64||Average Utilities Prices|
|Basic (Water, Electricity, Garbage, Heating, Cooling)||$229.89|
|1 min. of Prepaid Mobile Tariff Local||$0.14|
|Internet (Unlimited Data, Cable/ADSL)||$40.58||Average Leisure Prices|
|Fitness Club, Monthly Fee for 1 Adult||$46.23|
|Tennis Court Rent (1 Hour)||$8.32|
|Cinema, 1 Seat, International Release||$13.31||Average Clothing Prices|
|1 Pair of Jeans (Levis 501 Or Comparable)||$68.52|
|1 Summer Dress in a Chain Store (Zara, etc...)||$36.59|
|1 Pair of Adidas Walking Shoes (Mid-Range)||$79.39||Average Rent Prices|
|Apartment (1 bedroom) in City Center||$695.57|
|Apartment (1 bedroom) Outside of Center||$488.50|
|Apartment (3 bedrooms) in City Center||$916.44|
How Does the Average Person Spend Their Money in Peterborough?
When you are looking for a place to move, the best way of getting familiar with the costs there is through the spending habits of its inhabitants.
By knowing that, you will know what to expect from the city you are deliberating on and maybe change it.
When settling somewhere, people should take into account the employment market, basic groceries costs and housing costs, which are crucial factors when determining the monthly budget.
All the other expenses are non-essential, thus can be avoided.
Average Costs Breakdown
Peterborough: Average Salary, Minimum Wage & Mortgages
According to the data gathered for the UK, and Peterborough especially, you can see that the average amount of money earned per person per month is almost equal as the minimum salary.
This proves that you, as a newcomer, might have difficulties making ends meet with the average salary, being that you will have to pay for the rent.
There is a wide array of different things that most people would consider important to quality of life, and wise shopping and modest lifestyle will make the cost of living bearable and affordable.
Cost of Living by City in Peterborough
|City||Cost of Living Index|
|Newcastle upon Tyne||62.76|