Summary about cost of living in Cambridge, United Kingdom: Family of four estimated monthly costs are 3,388$ (2,734£) without rent. A single person estimated monthly costs are 977$ (789£) without rent. Cambridge is 21.27% less expensive than Seattle (without rent).
Is Cambridge UK an expensive place to live?
Below London, we would find Cambridge is the second most expensive place to live in the United Kingdom. With the average property price being around £430k. So what makes the house prices in Cambridge so expensive and does it mean Cambridge is a nice place to live?
How expensive is living in Cambridge?
Family of four estimated monthly costs are 4,436$ without rent. A single person estimated monthly costs are 1,215$ without rent. Cambridge is 1.37% less expensive than Seattle (without rent).
Is Cambridge affordable to live?
According to Payscale.com, housing in Cambridge, MA is 220 percent higher than the national average. The median home price is $1,109,025 and the median rent price is $3,474/month. The average rent price for a one-bedroom apartment is $3,014/month.
Is Cambridge expensive than London?
Cost of living in Cambridge (United Kingdom) is 32% cheaper than in London (United Kingdom)
Is Cambridge UK a rich city?
Cambridge is a wealthy, fast-growing city renowned internationally for knowledge creation, the tech industries and biosciences.
Why is Cambridge rent so expensive?
Cambridge. Cambridge is one of the nation’s strongest economies with the most well-educated workers in the country and the fastest population growth of any UK city. The huge demand for housing is held back by the need to conserve the historic city centre and the green belt that surrounds the city.
What salary is good in Cambridge?
Average Annual Salary in Cambridge, MA
| Percentile | Annual Salary | Monthly Pay |
|---|---|---|
| 10th | $24,000 | $2,000 |
| 25th | $35,000 | $2,916 |
| Median | $53,000 | $4,416 |
| 75th | $82,000 | $6,833 |
Is Cambridge a good place to live UK?
Not only is Cambridge only 50 miles from London, so easily commutable by train, it is a desirable city to live in. There’s a constant shortage of both properties to buy and rent. Properties are snapped up the minute they are advertised.
Is Cambridge UK nice to live?
Cambridge is an excellent place to live, it has plenty to offer children, couples and the elderly looking to retire. There’s an abundance of outdoor space, which is great for cyclists and those who love the outdoors. It also benefits from great transport links to most places in the UK with very low levels of crime.
Do you need a car in Cambridge UK?
Cambridge’s main sights are mostly clustered within a small area of the center and so you won’t need a automobile to visit the city’s famous colleges and museums. If you do decide to venture a little further afield, it’s easy to rent a bicycle – there’s a hire shop right beside the Cambridge railroad station.
Is Cambridge a high cost area?
Cambridge’s housing expenses are 215% higher than the national average and the utility prices are 18% higher than the national average. Transportation expenses like bus fares and gas prices are 4% higher than the national average.
How to survive in Cambridge?
How to survive your first term at Cambridge
- ‘Prepare for the longest September of your life’
- ‘Don’t worry if you hate Freshers’ Week’
- ‘Take time to sleep’
- ‘Actually go to (some) lectures’
- ‘Embrace Sainsbury’s Basics’
- ‘Seriously, sign up for everything’
- ‘Appreciate how beautiful Cambridge is’
Do rich people live in Cambridge?
There are more millionaires in Cambridge than almost anywhere else in the country, new research shows. A study looking at the highest percentage of millionaires in an area’s population has revealed that Maidenhead is the only place with a higher number of millionaires than Cambridge.
Is Oxford or Cambridge cheaper?
Both Oxford and Cambridge cost around the same amount, although Oxford is more expensive if you are an international student.
Is Cambridge a good place to buy a house?
Indeed, the city came in at number 5 of the top 10 best places in the UK to buy a property based on access to green spaces, job opportunities and average local salaries amongst other factors. Green spaces certainly abound locally, and Cambridge is home to numerous parks and gardens.
Where do richest live in UK?
Richest neighborhoods in London
- Richest neighborhoods in London.
- Made up of expensive Georgian townhouses, elite hotels, and gourmet restaurants, the neighborhood of Mayfair has long been one of the most expensive neighborhoods in London.
- 2- Knightsbridge.
- 3- Chelsea.
- 4- Kensington.
- 5- Notting Hill.
- 6- Highbury.
What is the richest area to live in the UK?
Virginia Water, Surrey
Virginia Water in Surrey consistently ranks among the highest value towns in England outside of London, according to Zoopla. As of July of 2022, the average price of a property here was of £1,681,981.
Which is the richest city in UK?
Kensington and Chelsea, and Hammersmith and Fulham remain the richest places in the UK, unchanged from the previous year.
The five richest areas are:
- Kensington and Chelsea, and Hammersmith and Fulham.
- Westminster.
- Camden and City of London.
- Wandsworth.
- Hounslow and Richmond upon Thames.
Are houses in Cambridge expensive?
Properties in Cambridge had an overall average price of £541,507 over the last year.
Is it cheaper to live in Cambridge than London?
Cost of Living Comparison Between Cambridge and London
You would need around 5,184.26£ in London to maintain the same standard of life that you can have with 4,300.00£ in Cambridge (assuming you rent in both cities). This calculation uses our Cost of Living Plus Rent Index to compare cost of living.