When people think about an ideal destination for their future life, they usually look for those places which offer high-paying jobs.
What they do not have in mind is the fact that high salary would not be the one and only factor that will make that place the best to make a living.
They will have to take other factors, such as cost of rent, food and utilities and then determine the attractiveness of the city.
If you take a look at the data, you will get a rough idea of what your expenditure could be if you live in York, being that you are a frequent restaurant goer, the best way of saving some money is choosing those less expensive ones, usually away from the city center.
Food is very expensive here, and if you want to take steps towards improving your financial situation and save on it, you will have to change your spending habits from buying international food to domestic ones, and purchasing daily groceries at the local markets rather than in expensive stores.
Public transport here is so affordable that even though you possess a car, it is advisable not to use it.
The drivers, besides buying a vehicle, would need to pay for maintaining, insuring and fueling it which is quite expensive here.
Additionally, car owners in York will have to pay for the parking.
After housing, the number one expense for most people in York is service bill.
Utilities here are not as high as they can be in the United Kingdom, and the price is considered affordable.
The bills get higher during winter months, due to the heating.
SPORTS & LEISURE
After paying for housing, transportation and food, you might have some money left and then you may want to enjoy yourself.
All means of entertainment are available and affordable in York, even though the prices of fitness clubs are slightly higher than the national average.
CLOTHING & SHOES
Besides those essential monthly costs, there may be additional expenses such as clothing, especially if you have young members in the family.
Low cost apparel is available and more affordable, unlike designer clothing which has the average prices when the United Kingdom is in question.
RENT PER MONTH
What is attractive in York are low housing prices, unlike in other major cities.
If we look for an apartment at the city center, housing appears to be less affordable in comparison with the suburbs where you can find apartment at more reasonable prices.
Cost of Living Averages Table for York
|Average Restaurant Prices|
|Meal (Inexpensive Restaurant)||$ 14.64|
|Domestic Beer (0.5 Liter)||$ 4.06|
|Water (0.33 Liter)||$ 1.04||Average Market Prices|
|Milk (1 Liter)||$ 1.14|
|Loaf Bread (500g)||$ 1.32|
|Eggs (12)||$ 2.27||Average Transport Prices|
|One Way Ticket||$ 3.26|
|Monthly Pass||$ 43.10|
|Gasoline||$ 1.65||Average Utilities Prices|
|Basic (Water, Electricity, Garbage, Heating, Cooling)||$ 200.87|
|1 min. of Prepaid Mobile Tariff Local||$ 0.16|
|Internet (Unlimited Data, Cable/ADSL)||$ 35.26||Average Leisure Prices|
|Fitness Club, Monthly Fee for 1 Adult||$ 56.06|
|Tennis Court Rent (1 Hour)||$ 11.73|
|Cinema, 1 Seat, International Release||$ 11.97||Average Clothing Prices|
|1 Pair of Jeans (Levis 501 Or Comparable)||$ 71.85|
|1 Summer Dress in a Chain Store (Zara, etc...)||$ 39.69|
|1 Pair of Adidas Walking Shoes (Mid-Range)||$ 76.03||Average Rent Prices|
|Apartment (1 bedroom) in City Center||$ 911.42|
|Apartment (1 bedroom) Outside of Center||$ 738.45|
|Apartment (3 bedrooms) in City Center||$ 1423.67|
How Does the Average Person Spend Their Money in York?
There is a lot of data concerning the cost of living expenses in York, and information will allow you to make a decision whether this is the place for you.
You will have to know your salary so as to organize your budget accordingly.
Regarding the living expenses, rent and food are two major ones, taking two thirds of the salary.
When place to live and food is covered, there are other major expenses like transportation and utilities that have to be paid.
York: Average Salary, Minimum Wage & Mortgages
As rent is one of the greatest expenses here, maybe you think it would be better to buy than to rent an apartment in York, but that is not an ideal solution, due to the fact that property prices are high and the mortgage interest rate is around 3.16%.
Earning the average salary would be enough to cover your basic expenses if you lead a modest life.
Otherwise, living luxurious life is possible only to those with high salaries and they will be able to visit expensive restaurants and buy designer apparel.
Cost of Living by City in United Kingdom
*Click the name of the city for more information.