Liverpool, a city celebrated for its rich history, vibrant culture, and dynamic music scene, boasts a relatively affordable cost of living compared to other major UK cities. Whether you’re a student, professional, or visitor, it’s essential to understand the typical expenses you might face. From accommodation and transportation to dining out and entertainment, knowing the costs can help you manage your finances effectively and enjoy your time in this lively city. On average, living in Liverpool costs about GBP 842 per month, which should cover rent, food, and transportation. Understanding these expenses allows you to better plan your budget and make informed financial decisions during your stay.
Average Cost Of Living In Liverpool
Understanding the cost of living is crucial when planning a move to Liverpool. Below is a breakdown of estimated monthly costs for a family of four and a single person compared to the cost of living in Bangalore. These estimates do not include rent.
Detailed Understanding Of Cost Of Living In Liverpool
The cost of living in Liverpool depends on various factors like accommodation costs, transportation costs, food, and education. Whether you are immigrating to Liverpool or are a traveller, the costs given below can help you get an idea about how much expense you can incur and plan your finances accordingly:
Accommodations Costs In Liverpool
Accommodation is one of the major expenses for international people. Your choice will depend on your budget, preferences, location, and availability. Accommodation costs make up a significant part of the cost of living in Liverpool. The table below shows the average monthly rent for different types of student accommodation in Liverpool:
Rental Accommodation
| Accommodation Type | Average Monthly Rent (£) |
| Apartment (1 bedroom) in City Centre | 860 |
| Apartment (1 bedroom) Outside of Centre | 580 |
| Apartment (3 bedrooms) in City Centre | 1,700 |
| Apartment (3 bedrooms) Outside of Centre | 860 |
Owning Accommodation
| Buy Apartment Price | Price per Square Metre (£) |
| City Centre | 2,600 |
| Outside of Centre | 1,900 |
Cost Of Food In Liverpool
Whether to eat in a restaurant or to cook yourself also depends on your purpose of living in Liverpool. If you are a student or an immigrant, we suggest that you cook food at your accommodation as it is lighter on the pockets and customisable too. However, if you are a traveller here, we have mentioned the restaurant food costs in Liverpool:
| Restaurant Item | Average Price (£) |
| Meal, Inexpensive Restaurant | 15 |
| Meal for 2 People, Mid-range Restaurant, Three-course | 60 |
| McMeal at McDonalds (or Equivalent Combo Meal) | 7 |
| Domestic Beer (0.5 litre draught) | 5 |
| Imported Beer (0.33 litre bottle) | 5 |
| Cappuccino (regular) | 4 |
| Coke/Pepsi (0.33 litre bottle) | 2 |
| Water (0.33 litre bottle) | 1 |
Cost Of Groceries In Liverpool:
| Grocery Item | Average Price (£) |
| Milk (regular), (1 litre) | 1 |
| Loaf of Fresh White Bread (500g) | 1 |
| Rice (white), (1kg) | 2 |
| Eggs (regular) (12) | 3 |
| Local Cheese (1kg) | 6 |
| Chicken Fillets (1kg) | 7 |
| Beef Round (1kg) (or Equivalent) | 11 |
| Apples (1kg) | 2 |
| Banana (1kg) | 1 |
| Oranges (1kg) | 2 |
| Tomato (1kg) | 3 |
| Potato (1kg) | 1 |
| Onion (1kg) | 1 |
| Lettuce (1 head) | 1 |
Utility Costs In Liverpool
Understanding the cost of utilities and services is essential for managing your budget in Liverpool. Below is a summary of the average monthly expenses for basic utilities, mobile phone plans, and internet services. These costs are important to consider as they form a significant part of your overall living expenses in the city.
| Utility/Service | Average Price (£) |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m² Apartment | 302 |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 15 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 33 |
Cost Of Travelling Around Liverpool
The cost of transportation in Liverpool will vary depending on your distance, mode, and frequency of travel. On average, a single person can expect to spend around £68 per month on transportation. Liverpool boasts a reliable transport system with various options available for students. Taxis are also an option, offering convenience but at a higher cost than public transport. Transportation costs form a significant part of Liverpool’s overall living cost. The following table shows the average monthly price of some transportation options in the city:
Cost Of Entertainment In Liverpool
Engaging in sports and leisure activities is an important part of life in Liverpool. Whether you enjoy working out, playing tennis, or watching movies, the city offers various options to fit different interests and budgets. Below are the average monthly costs for some popular sports and leisure activities:
- Fitness Club, Monthly Fee for 1 Adult: £29
- Tennis Court Rent (1 Hour on Weekend): £13
- Cinema, International Release, 1 Seat: £12
Comparing Cost Of Living In Liverpool With Major Cities In The UK
You’ll notice some differences when comparing the cost of living in Liverpool to the major cities. To clarify, we’ve outlined the monthly living expenses in Liverpool compared to cities, including rent. The table below highlights the affordability of Liverpool and its impact on your overall costs.
| Cities | Living Cost In Cities | Living Cost In Liverpool |
| London | £6,300 | £3,800 |
| Manchester | £4,200 | £3,773 |
| Birmingham | £3,808 | £3,800 |
About Liverpool
Liverpool is a city with a rich and varied history, most famous as a port during the late 19th and early 20th centuries. It is the birthplace of the iconic rock group The Beatles and is renowned for its football teams, Everton F.C. and Liverpool F.C. Culture thrives in Liverpool, with the Tate Liverpool showcasing modern art, the Walker Art Gallery displaying classical art, and venues like the Bluecoat and FACT exhibiting contemporary works. The city is also home to several universities, including the University of Liverpool, Liverpool John Moores University, and Liverpool Hope University. Notable landmarks include the majestic Liverpool Cathedral, the historic Speke Hall, the Merseyside Maritime Museum, and the International Slavery Museum.
Factors Affecting The Cost Of Living In Liverpool
The cost of living in Liverpool is shaped by several factors, including housing, utilities, transportation, and food expenses. Other elements like healthcare, education, entertainment, and local economic conditions also play a significant role in determining the overall financial demands of living in the city.
Housing Costs: Rent and property prices significantly influence the cost of living. Areas closer to the city centre or with desirable amenities may have higher prices.
Utilities: Costs for electricity, gas, water, and internet can vary depending on the provider and the level of consumption.
Transportation: The cost of public transport, fuel, car maintenance, and parking can impact the overall cost of living. Liverpool offers various public transport options, including buses, trains, and ferries.
Food and Groceries: Prices for food and groceries can vary based on shopping habits, choice of supermarkets, and whether one opts for dining out frequently.
Healthcare: While the NHS provides free healthcare, private healthcare costs can add to living expenses.
Education: For those with children, school fees, uniforms, and supplies can contribute to the cost of living. University students may also face tuition fees and accommodation costs.
Tips To Save On Expenses In Liverpool
Living in Liverpool can be affordable with a few innovative strategies. Utilise the city’s comprehensive public transport network to save on commuting costs and consider cooking meals at home rather than dining out frequently. Take advantage of free attractions such as museums and parks, and always watch for student discounts offered by local businesses.
Sharing accommodation with roommates can significantly reduce rent and utility expenses while shopping at budget-friendly stores, and using energy-efficient practices can further trim your monthly outgoings. By planning outings and comparing prices for essentials, you can effectively manage your expenses and enjoy all Liverpool offers.
FAQs
Q1. Is Liverpool expensive to live in?
Over the years, the cost of living in Liverpool has fluctuated, yet it remains an affordable city compared to many other popular destinations.
Q2. How much money do you need to live comfortably in Liverpool?
A family of four in Liverpool incurs estimated monthly living costs of approximately £2,792, while a single person’s monthly expenses amount to around £842, excluding rent.
Q3. Is it cheaper to live in Liverpool or London?
Living in Liverpool is cheaper than living in London as London’s cost of living is about GBP 6300 and Liverpool’s cost of living is GBP3,800.
Q4. Can you live in Liverpool without a car?
Liverpool boasts extensive public transport options and is pedestrian-friendly, making driving unnecessary. Whether you prefer walking, cycling, taking the bus, or using the train, there are ample ways to navigate the city.
Q5. Is Liverpool rent expensive?
Liverpool has an average rent of £858 per month.
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