Cost of Living in the UK and tips for saving money
What is the cost of living in England?
The cost of living in the UK varies widely depending on your lifestyle and the area where you live. As a general rule, the cost of living in London and the south east is higher, while the north of England and Scotland are cheaper. Read on for relevant information and tips about saving some money while you are here.
Cost of Accommodation: Ouch!
Prices in 2011. House prices are a good indicator of general cost of living.
Accommodation will be your single biggest expense while in the UK. In the South East of England you will generally find the highest rents. London is the most expensive city to live; if, however, you have set your heart to living in the capital, do not despair: Salaries in London are generally higher and there is less unemployment to counterbalance high living expenses. Also, living costs in London vary depending on the area. East London areas probably have the lowest cost of living in London.
Food, Entertainment and other expenses
The estimated minimum that you will spend on necessary things, such as food, clothing, toiletries and utilities per week is £50. The amount that you will spend on entertainment and travelling will depend on your lifestyle. Here is a general guide with the average prices of different products in the UK.
The good news (and tips about saving money!)
- Healthcare is free for everyone
- If you leave in London you may not need a car thanks to the excellent transportation system
- Holidays and travelling abroad might be cheaper
- Depending on the country you come from, a lot of things will be cheaper than you expected if you know where to look for them. If you are short of money, try shops like Primark for clothes and Wilkinson and Argos for just about everything you need around the house. Shop around for food; the cheapest supermarkets are Tesco and Asda.
Remember: Your cost of living in the UK will largely depend on your lifestyle!