How Much Does It Cost to Live In Sheffield?
Being that it is the capital city, there is no doubt, and no surprise, that living in London is more expensive than living in any other city there.
Sheffield is one of minor cities with almost equal quality of life.
There are many motivating factors for deciding to come and live here, and they differ from person to person.
Some are coming because of better salaries, while others believe that would ameliorate their lifestyle there.Cost of Living Index:
United Kingdom : Cost of Living by City
- Milton Keynes
- Newcastle upon Tyne
If you are a frequent restaurant goer, but you want to save some money on it once arriving in the United Kingdom, then it looks like you do not have a better choice of cities where restaurants are less expensive than in Sheffield.
Sheffield housing is quite cheap by United Kingdom standards, but you will have to pay a lot for food.
Being that it is non-avoidable, yet expensive category, it will take you around 30% of your monthly salary.
The greater the family, the higher the expenses would be.
Staying in the major city requires commuting, and in order to save money and time, it is advisable to use the public transport system, which is efficient and punctual.
Driving here is quite pricey, due to great insurance and gasoline prices.
You can always save on it if you walk or cycle to work.
Compared with other major cities in the country, service prices in Sheffield are reasonable and quite affordable.
That is the reason why people spend such a little amount of money on it.
The Internet connection is fast at a very affordable price.
SPORTS & LEISURE
Entertainment costs are an important part of budgeting for your period abroad, especially if you are a younger person who needs relaxation after a hard day at work.
These costs might vary from person to person, depending on their interests and lifestyle, but generally speaking entertainment in Sheffield is inexpensive.
CLOTHING & SHOES
This is the city where numerous students arrive to get higher education as Sheffield is the sixth cheapest city in the country for graduates to live and study, and they are usually those who look for designer, quality clothes which are available all over the city, but not at so affordable prices.
RENT PER MONTH
According to statistics, the average cost of a home in Sheffield is quite high, so the majority of settlers decide to rather rent than buy property.
What is even better is the fact that rents are affordable and lower than in many major cities in the United Kingdom.
Cost of Living Averages Table for Sheffield*Note: All prices are indicated in USD.
|Average Restaurant Prices|
|Meal (Inexpensive Restaurant)||$13.97|
|Domestic Beer (0.5 Liter)||$3.99|
|Water (0.33 Liter)||$1.12||Average Market Prices|
|Milk (1 Liter)||$1.05|
|Loaf Bread (500g)||$1.20|
|Eggs (12)||$2.24||Average Transport Prices|
|One Way Ticket||$2.66|
|Gasoline||$1.64||Average Utilities Prices|
|Basic (Water, Electricity, Garbage, Heating, Cooling)||$141.32|
|1 min. of Prepaid Mobile Tariff Local||$0.22|
|Internet (Unlimited Data, Cable/ADSL)||$31.85||Average Leisure Prices|
|Fitness Club, Monthly Fee for 1 Adult||$33.82|
|Tennis Court Rent (1 Hour)||$7.87|
|Cinema, 1 Seat, International Release||$11.97||Average Clothing Prices|
|1 Pair of Jeans (Levis 501 Or Comparable)||$79.25|
|1 Summer Dress in a Chain Store (Zara, etc...)||$35.92|
|1 Pair of Adidas Walking Shoes (Mid-Range)||$77.52||Average Rent Prices|
|Apartment (1 bedroom) in City Center||$785.31|
|Apartment (1 bedroom) Outside of Center||$610.05|
|Apartment (3 bedrooms) in City Center||$1220.57|
How Does the Average Person Spend Their Money in Sheffield?
Rent is one of the major expenses in Sheffield, even though the prices are not so high.
Numerous families, couples and even single people rather choose to escape the city center and to enjoy the outskirts of the city.
That way they both save on rent, and avoid noise and traffic.
What you save on other non-essential things, you would give for food, as it is the category of the utmost importance.
It is interesting that more money is spent on restaurants than on transportation.
Average Costs Breakdown
Sheffield: Average Salary, Minimum Wage & Mortgages
Taking into account the average monthly salary of $2140 and the rent which is not so high, it can be said that living conditions here would be great for a person who has a decent job.
Getting acquainted with the average spendings makes you able to calculate your own average monthly savings and spendings, including rental prices and food.
If you possess enough financial assets, you can save on rent by purchasing the property here, and the mortgage interest rate is around 3.50%.
Sheffield Safety Overview
READ THE FULL REPORT: Sheffield Safety ReviewSafety Index:
- OVERALL RISK : MEDIUM
- TRANSPORT & TAXIS RISK : LOW
- PICKPOCKETS RISK : MEDIUM
- NATURAL DISASTERS RISK : LOW
- MUGGING RISK : MEDIUM
- TERRORISM RISK : MEDIUM
- SCAMS RISK : MEDIUM
- WOMEN TRAVELERS RISK : LOW
Cost of Living by City in Sheffield
|City||Cost of Living Index|
|Newcastle upon Tyne||62.76|