Utility costs can be much more expensive. It's a free, question-and-answer based forum to discuss Cost of Living in the U.S. vs. the U.K: An Overview. Very well. Whenever I visit, I still pay a visit to my old local, The Queens Larder, Queen Square before heading up to Euston for the train home. A land of unfettered opportunity. Loads more girls. The cost of living is the amount a person needs to spend to cover basic expenses such as housing, food, taxes, and healthcare in a particular place. And how do we replace them? Of course, we are comparing diamonds to diamonds here. Liverpool still has some great pubs, beautiful Victorian buildings steeped in that age old tradition. New York City food prices generally are higher than those in London, whether you're dining out or shopping in a supermarket. But the city, and the year I spent there, left an indelible mark on me. When economists or statisticians measure the cost of living for a country or region, they look at the amount of money a consumer needs to reach an average lifestyle. By that broad measure, the cost of living in the U.K. is 6.51% lower than the cost of living in the United States. The backbone to so much of our culture and our society. With The Smiths song, London, ringing in my ears, I arrived in Guilford Street WC1 in January 1987, amazed and confused. It may be slightly controversial, and will almost certainly lose me some friends, but The Beatles were a band who belong to both cities. Plan your day ahead or read the day's London headlines with our daily emails. Liverpool is no more representative of the north than London is of the south. So, sit back, relax and become a Liverpudlian. You would need an income of $5,856 per month to pay for a modest lifestyle in the capital of the U.K., compared to $7,760 per month for the equivalent lifestyle in New York, according to 2019 figures from Numbeo, a site devoted to cost-of-living data for destinations around the world. Liverpool Has A Famous River. The change both cities are experiencing certainly seems to leave little time to consider these points. I'll find myself walking the Embankment as I always do, and popping into the local to check that nothing's changed. All material on this site is the property of Londonist Ltd. London And Liverpool: Are They All That Different. It'd be a strange concept, to try and compare the two cities, without it being seen as some sort of comment on the north/south divide. To this day they are still a huge part of our economy, and though much great music and art has come from the city since, it still needs The Beatles. You're welcome to enter Liverpool's bubble, but if you don't we really won't be bothered. Both are notoriously expensive cities. It has to be acknowledged, though. It's our life force, changing the air twice each day, bringing new people, with new ideas and new energy. If you lived in London instead of Liverpool, you would: The statistics used to build this comparison are calculated using data from users just like you. I've always liked the pub. At least for a day. The Big Mac PPP exchange rate between two countries is obtained by dividing the price of a Big Mac in one country (in its currency) by the price of a Big Mac in another country (in its currency). ...Diverse, rich in heritage and culture, but with unique attitudes to how the rest of the world sees them. Antisocial behaviour is a significant problem in Liverpool. Back then, I'd left behind me a Liverpool with its knees grazed and dirty from too many knockdowns. absolutely not. (1 kg), Gasoline Yes, they came from Liverpool, learnt their craft there, and formed the bonds that were necessary for what was to come. So, let's share them. It still is. I also find myself drawn to the Thames whenever I'm in London. Overall, the cost of living in the U.K. is 6.51% lower than in the United States. London had about 600,000 people around 1700 and almost a million residents in 1800. Maybe it's because I come from the banks of a river that I seek that solace and that air. The sheer amount of beautiful buildings around the centre and on the outskirts is the reason Liverpool City Council was the first in the country to open a Film Office specifically to support the many film and TV production companies lining up to use the cityscape as a location. Their calendars included dinner parties, opera, and the theater. The city loves to show itself off, and rightly so. Put another way, the cost of living measures how much food, shelter, clothing, healthcare, education, fuel, and miscellaneous goods and services can be bought with one unit of currency. Rent overall is about 27% lower in the U.K. You would need $5,856 per month to finance a modest lifestyle in London, compared to $7,760 for the equivalent lifestyle in New York City. Medical care is free through the National Health Service, and. (1 kg), Tomatoes The ACCRA Cost of Living Index provides a benchmark for comparing the cost of living across different geographic areas at the same time.