The majority of people who decided to move to the United Kingdom want to find the place which has a lot to offer, meaning job opportunities, architectural history, great shopping and affordable accommodation and transport and at the same time, high standard of living.
Liverpool is the city which can satisfy the majority of the above mentioned desires, as this is a city widely accepted as one of the best cities to live in the United Kingdom.
The variety of restaurants throughout the city can satisfy each person’s taste and budget as there is a mix of different cuisines to feed your senses.
However, the dining in an international restaurant would cost quite a lot, in comparison to those which serve domestic food.
The cost of food and drink in Liverpool does not exceed the average for United Kingdom prices.
You will be able to buy a liter of milk and a loaf of bread for $1.20 each.
Your monthly shopping is better to be done at the markets and discounted supermarkets, so as to save some amount of money on this.
Due to the great bus network, you will be able to reaches all parts of the city and surrounding areas without much trouble and without paying too much.
The monthly pass is around $85, while you will need much more if you decide to commute by car.
While some other major cities have quite high utilities prices, this is not the case in Liverpool.
The basic utilities for a two-bedroom apartment in the city center will cost you around $156 per month on average, but bear in mind that the larger apartment and family will cause the bills to grow.
SPORTS & LEISURE
Once the working day is finished, as a Liverpool resident you will be able to choose among many ways of entertainment to occupy your day.
Sports people would enjoy doing exercises for only $33, while cinema lovers would need to devote around $12 for the latest release.
CLOTHING & SHOES
If you have got a young people in your family, then buying clothing would be one of important expenses.
People who want to wear expensive designers’ items would have to pay much more than those who are satisfied with the low cost apparel.
RENT PER MONTH
Property within Liverpool is expected to be more expensive, but fortunately, that is not the case.
The situation is very similar to most cities in the world, meaning that the apartments in the city center are more expensive than those in the suburban areas.
Cost of Living Averages Table for Liverpool
|Average Restaurant Prices|
|Meal (Inexpensive Restaurant)||$13.05|
|Domestic Beer (0.5 Liter)||$3.92|
|Water (0.33 Liter)||$1.17||Average Market Prices|
|Milk (1 Liter)||$1.19|
|Loaf Bread (500g)||$1.20|
|Eggs (12)||$2.06||Average Transport Prices|
|One Way Ticket||$3|
|Gasoline||$1.61||Average Utilities Prices|
|Basic (Water, Electricity, Garbage, Heating, Cooling)||$156.10|
|1 min. of Prepaid Mobile Tariff Local||$0.25|
|Internet (Unlimited Data, Cable/ADSL)||$36.55||Average Leisure Prices|
|Fitness Club, Monthly Fee for 1 Adult||$33.38|
|Tennis Court Rent (1 Hour)||$11.63|
|Cinema, 1 Seat, International Release||$11.75||Average Clothing Prices|
|1 Pair of Jeans (Levis 501 Or Comparable)||$72.50|
|1 Summer Dress in a Chain Store (Zara, etc...)||$39.94|
|1 Pair of Adidas Walking Shoes (Mid-Range)||$83.60||Average Rent Prices|
|Apartment (1 bedroom) in City Center||$859.56|
|Apartment (1 bedroom) Outside of Center||$609.97|
|Apartment (3 bedrooms) in City Center||$1328.81|
How Does the Average Person Spend Their Money in Liverpool?
Considering the fact that the rent will be the major expense of a newcomer, who is unable to buy its own property, renting an apartment out of the city center is the best solution.
Even though, the average rental costs are low when compared to other cities in the United Kingdom, a city center apartment would cost you much more than a suburban apartment.
Residents tend to spend more than 15% in restaurants, which can also be reduced if you have to live on the budget.
Liverpool: Average Salary, Minimum Wage & Mortgages
Liverpool is an attractive city to many newcomers due to the average cost of living, related to the not so high priced property and living costs, and relatively high incomes.
People come here to look for a brighter future linked to having a better job, and the city has offers from numerous major companies.
The employment prospects are huge, but what you have to bear in mind is that the wages play important role, as you will need to earn salary high enough to cover all the expenses.
Cost of Living by City in United Kingdom
*Click the name of the city for more information.