What is the average cost of living in the UK? 

Do you live or want to go to the UK to send money to Nigeria or your home country? Here’s a detail of the cost of living in the United Kingdom.

Rentals: – Monthly rent of a one-bedroom flat in city center London will cost you 1,686 GBP.

The monthly rent of a one-bedroom flat in the city center of Manchester will cost you 709 GBP.

Lunch: – Lunch for 2 persons (3 courses) in a mid-range restaurant in London will cost you 55 GBP.

Lunch for 2 persons (3 courses) in a mid-range restaurant in Manchester will cost you 50 GBP.

Transportation: – Transportation (on a monthly pass) in London will cost you 132 GBP.

Transportation (on a monthly pass) in Manchester will cost you 51.50 BP. One way to save money for transportation is to send money to Nigeria online rather than going to the bank for a money transfer.

Living Expenses: – Living expenses for one person per month in London excluding rent are 756 GBP and 596 GBP in Manchester.

Living expenses for one person in London per year, excluding rent, are 9,072 GBP and 7,152 GBP in Manchester.

Living expenses for a university student per month in London excluding rent are 557 GBP and 433 GBP in Manchester.

Living expenses for a 4-person family per month in London excluding rent are 2,717 GBP and 2,108 GBP in Manchester.

Living expenses for a 4-person family per year in London excluding rent are 32,604 GBP and 25,296 GBP in Manchester.

The minimum annual average salary of a Cashier in the UK is 15,465 GBP and the maximum annual average salary for a Product Manager in the UK is 46,009 GBP, with the different salary range for different positions. So, you should look for a place where you can save maximum money transfer to Nigeria or your home country.

Accommodation: – Average monthly cost in city center London of a one-bedroom apartment is 1,686 GBP and 709 GBP in Manchester.

The average monthly cost outside of city center London of a one-bedroom apartment is 1,180 GBP and 501 GBP in Manchester.

The average monthly cost in city center London for a three-bedroom family home is 3,125 GBP and 1,180 GBP in Manchester.

The average monthly cost outside of city center London for a three-bedroom family home is 1,975 GBP and 795 GBP in Manchester.

The average monthly cost of internet in London is 24 GBP and 19 GBP in Manchester.

The average monthly cost of utilities (gas, electricity, and water) of a small apartment in London is 143 GBP and 129 GBP in Manchester.

Healthcare Service: – Average cost for a family doctor check-up in the UK is 68 GBP.

The average cost for cold medicine for 6 days in the UK is 3.81 GBP.

The average cost of an Antibiotic prescription in the UK is 8 GBP.

Transportation and vehicle prices: – One Liter Gasoline is for 1.19 GBP; monthly bus pass is for 132 GBP; single-use bus ticket is for 2.50 GBP; Taxi fare for 8 km (5 miles) journey is 19 GBP; a new model of Toyota Corolla is 18,702 GBP.

Education: – Monthly fee for preschool is 1,039 GBP; annual fee for private school for lower grades is 15,250 GBP; annual university tuition fee for international students in University college London ranges between 16,340 GBP to 32,670 GBP (subject to courses); annual university tuition fee for international students in the University of Manchester ranges between 17,000 GBP to 24,000 GBP (subject to courses).

Conclusion: – From the above, we can say that the area you choose to live in determines the cost of living. And every expenditure needs to be counted and try to reduce expenditures by this way your online money transfers to Nigeria to support family become sufficient and fulfill required needs.