Saturday, 3 June 2017

The Real Cost of Living in Major UK Cities 

Deciding where to live can be quite a conundrum. Moving to a large city makes sense in terms of career opportunities and the higher wages that often come with city salaries. However, the cost of accommodation can also be much greater too. Here, we show you that living in the centre of all the action doesn’t have to cost an arm and a leg. Here are four cities in the U.K. that offer cheap accommodation rentals near to the centre of town. 

  1. Glasgow, Scotland

Renting an 85 m2 (900 Sqft) furnished flat near Glasgow’s luxury region costs about 850 (GBP) per month. If you decide to live closer to or even in the city’s centre to connect with companies and expand business opportunities, then you should expect to pay around 950 (GBP) for a 45 m2 (480 sqft) luxurious studio. You should choose wisely as a single person living and working in the city since the monthly median salary in Glasgow comes to about 2,400 (GBP). Still, even if you splurge on residency, you can still enjoy saving power by choosing walking and public transportation in Glasgow. 

  1. Stirling, Scotland

Perhaps you are not one who wishes to have a lovely flat in exchange for convenient transportation. You, then, may want to consider living in Stirling, Scotland. A one-bedroom apartment in the city’s centre is 450 (GBP) while a flat of the same nature on the outskirts costs around 335 (GBP) per month to rent. Stirling is a great place for families on a budget as the average three-bedroom apartment is as cheap as 700 (GBP) and just over 900 (GBP) in the city’s centre. The annual median income in the Scottish town is 16,200 (GBP), which averages out to around 1,350 (GBP) per month. Two working adults can easily live and save in Stirling. 

  1. Belfast, Northern Ireland

Belfast has a cost of living index of 65.23, which is 35 percent lower than New York City. In fact, Northern Ireland is the best place to start a business because of the strong likelihood of a startup company earning 1 million (GBP) in sales within three years of opening its doors to the public. An analytics and planning company such as Corporate Business Solutions can certainly help entrepreneurs living in Belfast reach their financial goals with keen advice that, when followed, produces positive results in the corporate sector. Rent for a one-bedroom apartment in Belfast comes to around 540 (GBP) in the city’s centre while leasing outside costs around 400 (GBP) per month. Entrepreneurs with families can rent a three-bedroom apartment for 865 (GBP). Renting a flat of the same calibre on the outskirts of Belfast’s centre costs around 620 (GBP). 

  1. Swansea, Wales

Basic utilities for a 2-bed flat in Swansea comes to about 150 (GBP). Renting a one-bedroom flat costs around 475 (GBP), while leasing outside of the city’s centre costs about 420 (GBP) per month. Three-bedroom apartments in Swansea usually start at 700 (GBP), while flats outside of the centre cost around 550 (GBP) per month in rent. 

The average rent for a studio flat in Scotland is well over 1,400 (GBP), and living in Northern Ireland and Wales can be just as expensive. It is nice to know that there are places in these regions with economies made for the frugal. 



from Finance Girl http://www.financegirl.co.uk/the-real-cost-of-living-in-major-uk-cities/

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