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Average cost of living in United Kingdom per year

Online assignment help -  Average cost of living in United Kingdom per year
Average cost of living in United Kingdom per year

Average cost of living in the UK per year. From this online assignment help, you'll gain the information and know-how of United Kingdom. What to keep in mind and what not to give attention to. This essay is going to focus on the International students that want to learn the average cost of living in the UK. For this essay, the conversion rate of 1 GBP= 1.55 USD. Firstly, the longer you stay, the more it'll cost you. Hence find out the total length of time you are going to spend in the UK studying.

Average cost is dependent on where you go

United Kingdom is made of many countries. And each state is made up of cities. London in England is known to be one of the most expensive places to live in. Hence it makes sense when you get more average cost. If you were living in Liverpool, the cost of living would have been 30% less than that concurred in London. Liverpool is one of the cheapest options in the UK to study in. If you choose to study in London, you should know about the cost that you can save in other places. Being single and living in the UK, you should set 240 pounds per week for rent. Here is a closer look at the specifics.

Rent- Average rent per one bedroom flat is 650 GBP per month. Energy costs are not included.

Tax - In the city of London, you pay tax for police forces, street maintenance and trash which is 25 GBP per week.

Utilities - 40 GBP for water, gas and electricity needs.

License of television - 150 GBP for coloured TV license per year!

Travel costs - an average of 55 GBP for travel on the subway.

 

Mobile Phone Plans - Average cost of around 50 GBP per month.

Specific costs of everyday items

Here is a quick overview of some daily items:

A meal = 10 GBP

Combo Meal = 5 GBP

Litre of Milk = 1 GBP

1 kg of chicken breast = 7 GBP

A pair of jeans = 51 GBP

 

1.5 litre of water bottle = 1 GBP

Average cost of living in London

London is the highest costing city to live in. Living in London means living is one of the biggest cities in the world. There is financial stability that is hard to achieve in the UK due to so many costs. It would help if you made a few estimations until you get there. And finding a cheap apartment is also an adventure on its own. Renting rates are higher in London than in other cities in the country. Rent prices decline in London when Pound takes a hit in the market. Cost of living in London is the highest in the state of England.

Average rent in London

Renting an apartment in London will set you back a few thousand quid. If you are looking forward to staying in one bedroom apartment then it costs around 1,600 GBP per month. However some suburbs do have 1,175 GBP options. Overall the rent can smoothly go over 3,000 GBP if you want to live in a lavish apartment in central London. If you do research, you can find other options in London like sharing apartments and houses that'll help you. Chances are you'll get a bedroom with attached bathroom for less than 300 GBP per week.

 

Apartment sharing is the newest way about life of efficacy in London. In London, students often find themselves short on cash and want to save up as much as possible. Rent is one of the best places to shed some pounds off. In most cases, students can find students within the university to live with. Renting an apartment means taking care of utility bills and bills of sorts like warm water. On average, an area of 85 meter square is 145 GBP each month for electricity, heating, cooling water. The student can personally use his/her will to save more money. Use mobile phone apps to remind them to keep as much as possible. By setting goals, the apps help the students find the most efficient way of living.

Average food cost per month in London

The prices of some elements in the UK are higher. It's no wonder it is after all London baby! There are many universities in the UK that provide memberships cards that provides food on campus. And discounts in travelling on bus or the tube. University card can be used for discounts from restaurants that helps students save. Universities in London provide reasonable accommodation with state of the art facilities. Students usually get these facilities free of cost. In accommodation the universities provides students with cheaper options. There are a variety of options from two bedroom apartments to single bedroom. In England, other cities have lower rates and students can avail discounts from there as well. Eating in London's high class restaurants is uncalled for students as they are expensive. Exclusive places even call for a jacket dress code and costly meals. Most students refer to local vendors to get good quantity foods that are inexpensive. On average, the meal should cost around 10-20 GBP and no more! A two person meal should be approximately 50 GBP usually. Do not shy away from asking for a discount.

 

Eating at a restaurant regularly is not recommended to students. This not only increases the appetite but also feel of lack of financial. Remind yourself that you're a student, it doesn't matter how much you are earning part time. The only time you can spend money is when you have triple the amount of that purchase. You can make good money whilst working part time for a corporate. Yet that doesn't mean that you become flamboyant. The most successful people did the best with what they had. Learn to say no, just because your friends go out doesn't mean that you do too.

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