Cost Of Living For a Couple in Exeter 2024

Couple cost of living chart - average monthly expenditure in Exeter

Average Monthly Expenditure

Currency: GBP
1,100 3,400 18,000
MINIMUM AVERAGE MAXIMUM
$1,400 $4,300 $23,000

Average monthly spending for couples in Exeter

How much money does a couple need in a month to survive in Exeter?

Couples in Exeter spend around 3,400 GBP per month on average. Depending on the lifestyle, a couple can survive with a monthly budget as low as 1,100 GBP or as high as 18,000 GBP. Location and income are very important factors and have a huge influence on expenditure and budget.


Prices and cost of goods and services in Exeter


Chart showing the prices and cost of grocery, food, restaurant meals, market, and beverages in Exeter

Dining, food, and beverages costs


Fast food combo meal

3.2 GBP 6.4 GBP 11 GBP
MINIMUM AVERAGE MAXIMUM
$4.1 $8.2 $14

Restaurant meal for one

11 GBP 16 GBP 32 GBP
MINIMUM AVERAGE MAXIMUM
$13 $20 $40

Fine dining meal for one

21 GBP 32 GBP 130 GBP
MINIMUM AVERAGE MAXIMUM
$27 $40 $160

Cappuccino or latte

2.7 GBP 4.3 GBP 6.4 GBP
MINIMUM AVERAGE MAXIMUM
$3.4 $5.4 $8.2

Grocery and market costs


Milk large bottle

2.1 GBP 2.6 GBP 3.2 GBP
MINIMUM AVERAGE MAXIMUM
$2.7 $3.3 $4.1

12 eggs

1.6 GBP 2.1 GBP 3.2 GBP
MINIMUM AVERAGE MAXIMUM
$2 $2.7 $4.1

Fresh whole chicken

3.7 GBP 4.7 GBP 6.7 GBP
MINIMUM AVERAGE MAXIMUM
$4.6 $6 $8.5

Pack of beef

4.3 GBP 6.4 GBP 13 GBP
MINIMUM AVERAGE MAXIMUM
$5.4 $8.2 $16

Medium bag of rice

1.7 GBP 2.4 GBP 3.4 GBP
MINIMUM AVERAGE MAXIMUM
$2.2 $3 $4.3

Bag of tomatos

0.65 GBP 0.86 GBP 1.6 GBP
MINIMUM AVERAGE MAXIMUM
$0.82 $1.1 $2

Bag of apples

1.2 GBP 1.5 GBP 2.5 GBP
MINIMUM AVERAGE MAXIMUM
$1.5 $1.9 $3.1
Chart showing the prices and cost of commute, travel, and transportation in Exeter


Commute, travel, and transportation costs


20 minutes taxi ride

2.7 GBP 3.2 GBP 6.4 GBP
MINIMUM AVERAGE MAXIMUM
$3.4 $4 $8.1

Average car full tank

16 GBP 21 GBP 43 GBP
MINIMUM AVERAGE MAXIMUM
$20 $27 $54

Average car 1-day rental

16 GBP 21 GBP 32 GBP
MINIMUM AVERAGE MAXIMUM
$20 $27 $40

Average car price

8,100 GBP 16,000 GBP 21,000 GBP
MINIMUM AVERAGE MAXIMUM
$10,000 $20,000 $27,000

Bus ticket one way

0.53 GBP 0.79 GBP 1.6 GBP
MINIMUM AVERAGE MAXIMUM
$0.67 $1 $2

Car Service

21 GBP 32 GBP 63 GBP
MINIMUM AVERAGE MAXIMUM
$27 $40 $80
Chart showing the prices and cost of utility, energy, water, and gas in Exeter


Utility cost (monthly)


Utility Bill - Couple

45 GBP 150 GBP 990 GBP
MINIMUM AVERAGE MAXIMUM
$57 $190 $1,300

Internet and cable

16 GBP 32 GBP 43 GBP
MINIMUM AVERAGE MAXIMUM
$20 $41 $54

Mobile phone charges

13 GBP 21 GBP 64 GBP
MINIMUM AVERAGE MAXIMUM
$16 $27 $82

Leisure and activities costs


Movie ticket

8.1 GBP 11 GBP 16 GBP
MINIMUM AVERAGE MAXIMUM
$10 $14 $20

One month gym membership

25 GBP 32 GBP 63 GBP
MINIMUM AVERAGE MAXIMUM
$32 $40 $80
Chart showing the prices and cost of clothing and accessories in Exeter


Cloths and accessories costs


Pair of jeans or pants

19 GBP 26 GBP 39 GBP
MINIMUM AVERAGE MAXIMUM
$24 $33 $50

Woman dress

18 GBP 24 GBP 79 GBP
MINIMUM AVERAGE MAXIMUM
$22 $31 $100

Woman shoes

17 GBP 23 GBP 53 GBP
MINIMUM AVERAGE MAXIMUM
$21 $29 $67

Men's shoes

14 GBP 18 GBP 35 GBP
MINIMUM AVERAGE MAXIMUM
$18 $22 $44

Men suit

16 GBP 20 GBP 110 GBP
MINIMUM AVERAGE MAXIMUM
$20 $25 $130

Regular t-shirt

7.9 GBP 11 GBP 32 GBP
MINIMUM AVERAGE MAXIMUM
$10 $13 $40
Chart showing the prices and cost of housing, accommodation, and rent in Exeter


Housing costs / monthly rent


Studio apartment

260 GBP 390 GBP 1,100 GBP
MINIMUM AVERAGE MAXIMUM
$330 $500 $1,300

1-bedroom apartment

390 GBP 630 GBP 1,600 GBP
MINIMUM AVERAGE MAXIMUM
$500 $800 $2,000

2-bedroom apartment

530 GBP 790 GBP 2,100 GBP
MINIMUM AVERAGE MAXIMUM
$670 $1,000 $2,700

Housing costs / Buying


Studio apartment

53,000 GBP 79,000 GBP 160,000 GBP
MINIMUM AVERAGE MAXIMUM
$67,000 $100,000 $200,000

1-bedroom apartment

63,000 GBP 110,000 GBP 390,000 GBP
MINIMUM AVERAGE MAXIMUM
$80,000 $130,000 $500,000

2-bedroom apartment

110,000 GBP 320,000 GBP 630,000 GBP
MINIMUM AVERAGE MAXIMUM
$130,000 $400,000 $800,000
Chart showing the prices and cost of furniture in Exeter


Furniture Costs


King Size Bed

320 GBP 400 GBP 540 GBP
MINIMUM AVERAGE MAXIMUM
$410 $510 $680

Double Bed

210 GBP 320 GBP 400 GBP
MINIMUM AVERAGE MAXIMUM
$270 $410 $510

Single Bed

190 GBP 250 GBP 320 GBP
MINIMUM AVERAGE MAXIMUM
$240 $310 $410

Living Room

360 GBP 460 GBP 1,600 GBP
MINIMUM AVERAGE MAXIMUM
$450 $580 $2,000

Dining Table

160 GBP 210 GBP 400 GBP
MINIMUM AVERAGE MAXIMUM
$200 $270 $510

Sofa or Couch

210 GBP 290 GBP 640 GBP
MINIMUM AVERAGE MAXIMUM
$270 $370 $820
Chart showing the prices and cost of electronic devices and appliances in Exeter


Electronics and House Appliance Costs


TV Set

210 GBP 320 GBP 640 GBP
MINIMUM AVERAGE MAXIMUM
$270 $410 $820

Fridge or Freezer

190 GBP 290 GBP 400 GBP
MINIMUM AVERAGE MAXIMUM
$240 $370 $510

Washing Machine

250 GBP 360 GBP 640 GBP
MINIMUM AVERAGE MAXIMUM
$310 $450 $820

Stove or Cooker

230 GBP 290 GBP 400 GBP
MINIMUM AVERAGE MAXIMUM
$290 $370 $510

Mobile Phone

270 GBP 320 GBP 460 GBP
MINIMUM AVERAGE MAXIMUM
$340 $410 $580

Laptop or Computer

290 GBP 360 GBP 640 GBP
MINIMUM AVERAGE MAXIMUM
$370 $450 $820
Couple cost of living and expenditure to income ratio in Exeter

Couple expenditure to income ratio in Exeter

Analysing the how affordable it is for couples to live in Exeter

One of the most definite ways to determine how affordable a place is measuring the ratio of expenses to salary. A high expense-to-income to ratio indicates a high cost-of-living index while a low expenditure-to-salary ratio means the place is affordable to live in. Couples usually spend a larger chunk of their income than other population groups. A typical and healthy expenditure percentage for a couple of four ranges between 70% to 80%.


Spending to Income Ratio

73%

65% to 82%

( expenditure / income ) x 100


Couples in Exeter spend around 73% of their monthly income. Some couples spend as low as 65% of their income while some as high as 82%.

Distribution of monthly cost of living expenses of a couple in Exeter

How do couples spend their money in Exeter?

We asked thousands of couples about their spending habits and expenditure break down.


The percentage figures in this section are percentages of total spending not income. If you would like to see the percentage of expenses as related to income or salary, see other sections.

Housing and accomodation expenditure for couples

Accomodation Cost28%

28% of total expenses on average (21% to 38%)

LOW$490   380 GBP
AVERAGE$1,500   1,200 GBP
HIGH$7,800   6,100 GBP
Per Month

Couples in Exeter typically spend from 21% to 38% of their total monthly expenditure on housing with 28% being the average. The average monthly spend on housing is 1,200 GBP with expenditure ranging from 380 GBP to 6,100 GBP. This cost mainly goes for rent but it also includes other accommodation-related expenses.

Electricity, utilities, energy, water, internet, and mobile expenditure for couples

Cost of utilities7%

7% of total expenses on average (5% to 11%)

LOW$57   45 GBP
AVERAGE$190   150 GBP
HIGH$1,300   990 GBP
Per Month

Utility expenditure like electricity, water, and gas in Exeter ranges from 5% to 11% of total expenses with 7% being the average for most couples. The average monthly cost of utilities is 150 GBP with 45 GBP and 990 GBP being the upper and lower limits for a couple of four.

Transport, fuel, and commute expenditure for couples

Cost of transport and fuel10%

10% of total expenses on average (4% to 15%)

LOW$170   140 GBP
AVERAGE$510   410 GBP
HIGH$2,700   2,200 GBP
Per Month

Fuel consumption and cost of transport depend heavily on whether a couple resides near school and work, but roughly speaking a couple would expect to spend from 140 GBP to 2,200 GBP in a month on commuting with 410 GBP being the norm for most couples. This means that money spent on transport constitutes about 10% of total spending on average but can go as low as 4% or as high as 15%.

Food, groceries, and basic shopping expenditure for couples

Food and Groceries Cost16%

16% of total expenses on average (11% to 21%)

LOW$200   160 GBP
AVERAGE$600   470 GBP
HIGH$3,200   2,500 GBP
Per Month

The average outlay on groceries and basic houshold items for a typical couple in a month in Exeter is 470 GBP. The cost of groceries can range between 160 GBP to 2,500 GBP. Couples spend on average about 16% on food and groceries with upper and lower bounds of 11% and 21% respectively.

Healthcare and medical services expenditure for couples

Cost of healthcare13%

13% of total expenses on average (7% to 17%)

LOW$160   120 GBP
AVERAGE$470   370 GBP
HIGH$2,500   2,000 GBP
Per Month

Couples in Exeter allocate 7% to 17% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending on medical services and clinic visits is around 13%. The range of medical expenses range from 120 GBP to 2,000 GBP with 370 GBP being the norm for most couples.

Leisure and shopping expenditure for couples

Cost of leisure and shopping4%

4% of total expenses on average (2% to 7%)

LOW$86   68 GBP
AVERAGE$260   200 GBP
HIGH$1,400   1,100 GBP
Per Month

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 68 GBP to 1,100 GBP with 200 GBP being the average. Speaking of percentages, that equates to 2% to 7% of total expenses with an average of 4% for most couples.

Education and schooling expenditure for couples

Cost of education and schooling2%

2% of total expenses on average (1% to 4%)

LOW$29   23 GBP
AVERAGE$86   68 GBP
HIGH$460   360 GBP
Per Month

Spending on education can vary drastically between different couples. On average, education constitutes 2% of the monthly expenditure of couples with 1% and 4% being the lower and upper bounds respectively. The average reported education cost is 68 GBP per month with 23 GBP being the minimum spent amount and 360 GBP being the maximum.

Other Expenses20%

20% of total expenses on average (14% to 26%)

LOW$240   190 GBP
AVERAGE$730   580 GBP
HIGH$3,900   3,100 GBP
Per Month
Percentage of couples who manage to save money from their income every month in Exeter

What percentage of couples in Exeter are able to save money and how much can they save?


Percentage of couples that reported their ability to save money


Saving Money
62%
Not Saving
38%

Almost 62% of surveyed couples in Exeter said that they can save some money at the end of each month while 38% reported that they have to utilize their whole income to survive.


Couple savings to income ratio in Exeter

Savings-to-Income Ratio

The savings-to-income ratio is measured as the percentage of income that people save over a specific period and it is simply calculated by dividing the saved money by total income and then multiplying the result by 100. (Savings / Income) x 100.


How much money do couples manage to add to their savings?

The amount of money that people can afford to save depends hugely on their income. It is better to focus on the percentage when trying to understand saving patterns.

Saving to Income Ratio

12% 22% of income 31%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

450 GBP
$570
1,300 GBP
$1,700
7,200 GBP
$9,100
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for couples

Saving To Income Ratio% Couples
0% - 10%34%
10% - 20%26%
20% - 30%19%
30% - 40%10%
40% - 50%8%
> 50%3%

Interpretation and Analysis

Couples that are able to save money can put anywhere from 12% to 31% of their monthly income to their savings, with 22% being the average for most couples. The average monthly amount of money that couples can put aside is 1,300 GBP with 450 GBP and 7,200 GBP being the minimum and maximum respectively.

Reasons that make it difficult for couples to save money in Exeter

Saving Challenges in Exeter

Reasons that make it difficult for couples to save money

We wanted to understand what is stopping couples from maximizing their savings in Exeter. Listed below are the answers given by the survey participants.


Reason% People
Low Income6%
High Expenses9%
Debt and Loans16%
Lack of Budgeting Skills11%
Impulsive Spending10%
Financial Emergencies6%
Living the moment6%
Will do it later19%
Inflation12%
Social Pressure3%
Market Instability3%

Around 6% of the couples said that their salary is too low to accommodate a portion for savings while 9% said that the high cost of living leaves little room for savings. 16% of the residents said that they are burdened with debt and find it challenging to save money. 11% reported that they just don't have the knowledge or discipline to create and stick to a budget, leading to overspending and an inability to save. 10% of couples blamed impulsive spending as the reason for saving inability. Around 6% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 6% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 19% reported that they understand the value of saving but are putting off saving for the future, thinking they have plenty of time to start later. 12% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 3% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 3% blamed market instability and price fluctuations.

Where do couples choose to put their savings in Exeter

Typical saving choices for couples in Exeter

Where do people choose to put their savings?


Saving Type% People
Emergency Funds11%
Gold11%
Savings Accounts17%
Retirement Accounts11%
Cash Savings18%
Real Estate10%
Investment6%
Stocks5%
Bonds6%
Mutual Funds3%
Certificates of Deposit3%
A typical and healthy budgeting structure. The 50-30-20 rule

A typical and healthy budgeting structure

The 50/30/20 rule

Spending among different people can vary significantly based on factors such as their income, lifestyle, location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule, which suggests allocating your income into three main categories in the following percentages.

  • 50% for needs and financial obligations

    This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.

  • 30% for wants and discretionary spending

    This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.

  • 20% for savings and emergency fund

    This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.

About financial planning, money management, and household budgeting

The 50/30/20 rule is used as a general guideline but may not be the best choice for all people. There are in fact many budgeting plans out there like the 70/20/10 and the 60/20/20 rules, all claiming to be the best. More important than all of this is to establish financial discipline by creating a budget tailored to your specific financial goals and situation. It is very important that your financial outflow be less than your income to maintain a healthy cash flow.

Income and cost of living compatibility. Is it affordable or economical for couples to live in Exeter

Affordable living in Exeter

Income and cost of living compatibility

We asked couples one simple question and recorded their answers.

Is it affordable or economical to live in Exeter?


Yes
68%
No
32%

Around 68% of surveyed couples think that living in Exeter is affordable with proper budgeting while 32% reported that it is just too expensive and not affordable even with frugality and thriftness.

How easily is cost-cutting for couples. Are there plenty of low-cost options in Exeter

Low-cost alternatives in Exeter

People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked couples how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options55%

Few low-cost options45%


Based on the survey, 55% of the couples living in Exeter have no problem finding low-cost alternatives to support a frugal lifestyle while 45% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Emergency Funds For Couples

An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked couples of Exeter whether they have an emergency fund and the answers were as follows.

Yes65%

No36%


Based on the survey, 36% of the couples living in Exeter said that they don't have an emergency fund while 65% said that they do.

Financial literacy and difficulty in budgeting and financial planning for couples in Exeter

Financial Literacy in United Kingdom

Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.

Financial Leteracy68%


We asked couple guardians and parents in Exeter whether they acquired any adequate personal financial training in their lives. Approximately 32% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 68% said that they know about the general principles of personal finance from sources other than their own experience.


Difficulty in Budgeting and Financial Planning

We wanted to understand whether couples of United Kingdom have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 34% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 66% said that they have everything under control.

Struggles with finance34%

Easily manages finances66%

Financial goals and targets of couples living in Exeter

Financial goals of couples in Exeter

In an attempt to understand the economic situation in Exeter, we asked participants about their financial targets. By knowing what the population in general is trying to achieve, we can shed light on the economic outlook, cost of living, and quality of life in general.


Financial Goal% People
Emergency Fund7%
Debt Reduction37%
Retirement Savings9%
Education Funding8%
Homeownership17%
Investing8%
Travel or Lifestyle9%
Healthcare Expenses11%
Financial Independence7%

Around 7% of couples said that their main goal is to establish an emergency fund to cover unexpected expenses while 37% said their number one priority is to pay off high-interest debt or loans and improve credit. 9% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 8% reported that their priority is saving for the tuition fees and education costs of their children while 17% choose to buy a home or pay off existing mortgage before other things. 8% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 9% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 11% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Chart showing the percentage of couples who are in debt in Exeter

Debt, loans, and mortgages in Exeter


Percentage of couples who are in debt


In Debt
28%
Debt Free
72%

According to the survey, 28% of the couples in Exeter have some kind of debt, loan, mortgage, or credit card payments while 72% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Exeter

Debt-to-income ratio in Exeter

Debt to income ratio

25%

17% to 35%

( monthly debt payment / monthly income ) x 100

Interpretation

The debt-to-income ratio measures the percentage of income being paid as debt settlement across the population. It is calculated by dividing the monthly debt settlement payment of an individual by their monthly income. Based on collected data, approximately 25% of a couple's monthly income in Exeter goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%3%
50% - 60%15%
40% - 50%13%
30% - 40%15%
20% - 30%13%
10% - 20%15%
0% - 10%27%

According to our data, 3% of the debtors in Exeter pay 60%+ of their income as debt settlement while 15% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 13% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 15% dedicated 30% to 40% of income for same. Things are looking brighter for 13% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Exeter

Debt% People
Real Estate Mortgage11%
Auto Loan19%
Student Loan3%
Credit Card27%
Personal Loan40%

11% of debtors in Exeter confirm that real estate mortgages constitutes the main part of their outstanding debt while 27% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 19% of people and personal loans rose at 40%. Lastly, student loans are the main source of debt for 3% of debtors in Exeter.


About credit score and debt management

Managing debt is a critical aspect of maintaining a favorable credit score. Debt reduction is the first thing you should do improve your financial situation. Getting rid of debt takes precedence over saving money because of interest rates.

Good debt vs. Bad debt

Not all debt is bad. Good debt typically refers to borrowing money for investments that can increase in value or generate income over time like purchasing a home or acquiring student loans. On the other hand, bad debt involves borrowing for things that fail to generate lasting value like high-interest credit card debt used for non-essential expenses like luxury items or vacations.


Loan Affordability Index in Exeter

Besides measuring the loan-to-income ratio, we asked couples of Exeter how many times in a year they defaulted or were unable to pay their due credit card or loan payments on time. Understanding how often people default on their due payments is one of the indicators of the cost of living and economic situation.

Frequency and percentage of people who failed to pay their monthly credit card or loan payments on time last year.

Frequency% People
Never53%
Once a year23%
Twice a year12%
Three times a year8%
Four times a year4%
Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Exeter

Housing costs, accommodation, and housing affordability in Exeter

Rental costs and house/apartment prices can vary drastically between different areas and locations.


Rent Cost in Exeter

Monthly Rent Prices

Studio apartment monthly rent cost

260 GBP 390 GBP 1,100 GBP
MINIMUM AVERAGE MAXIMUM
$330 $500 $1,300

1-bedroom apartment monthly rent cost

390 GBP 630 GBP 1,600 GBP
MINIMUM AVERAGE MAXIMUM
$500 $800 $2,000

2-bedroom apartment monthly rent cost

530 GBP 790 GBP 2,100 GBP
MINIMUM AVERAGE MAXIMUM
$670 $1,000 $2,700

3-bedroom apartment monthly rent cost

630 GBP 1,100 GBP 2,900 GBP
MINIMUM AVERAGE MAXIMUM
$800 $1,300 $3,600

Furnished apartment monthly rent cost

1,300 GBP 3,200 GBP 6,300 GBP
MINIMUM AVERAGE MAXIMUM
$1,600 $4,000 $8,000

Townhouse monthly rent cost

1,100 GBP 1,600 GBP 4,500 GBP
MINIMUM AVERAGE MAXIMUM
$1,300 $2,000 $5,700

House monthly rent cost

1,300 GBP 3,200 GBP 6,300 GBP
MINIMUM AVERAGE MAXIMUM
$1,600 $4,000 $8,000

Villa monthly rent cost

1,600 GBP 3,900 GBP 6,300 GBP
MINIMUM AVERAGE MAXIMUM
$2,000 $5,000 $8,000

The monthly rental cost of a studio apartment in Exeter ranges between 260 GBP and 1,100 GBP, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 390 GBP to 1,600 GBP. Two-bedroom rentals rate ranges between 530 GBP and 2,100 GBP per month. The monthly rental for a three-bedroom apartment ranges from 630 GBP to 2,900 GBP. The average rent of a townhouse in Exeter is around 1,600 GBP while house rental costs can be as high as 3,200 GBP per month. Finally, if you want to rent a villa, expect to pay anywhere from 1,600 GBP to 6,300 GBP per month.



Apartment and house prices in Exeter

Cost of buying a property

Studio apartment price

53,000 GBP 79,000 GBP 160,000 GBP
MINIMUM AVERAGE MAXIMUM
$67,000 $100,000 $200,000

1-bedroom apartment price

63,000 GBP 110,000 GBP 390,000 GBP
MINIMUM AVERAGE MAXIMUM
$80,000 $130,000 $500,000

2-bedroom apartment price

110,000 GBP 320,000 GBP 630,000 GBP
MINIMUM AVERAGE MAXIMUM
$130,000 $400,000 $800,000

3-bedroom apartment price

350,000 GBP 530,000 GBP 1.6M GBP
MINIMUM AVERAGE MAXIMUM
$440,000 $670,000 $2M

Townhouse price

450,000 GBP 1.1M GBP 3.9M GBP
MINIMUM AVERAGE MAXIMUM
$570,000 $1.3M $5M

House price

530,000 GBP 3.2M GBP 4.5M GBP
MINIMUM AVERAGE MAXIMUM
$670,000 $4M $5.7M

Villa price

630,000 GBP 3.5M GBP 5.3M GBP
MINIMUM AVERAGE MAXIMUM
$800,000 $4.4M $6.7M

The average price of a studio apartment in Exeter can range from 53,000 GBP to 160,000 GBP depending on location. One bedroom cost can be anywhere from 63,000 GBP to 390,000 GBP. A villa can cost you 3.5M GBP on average with prices ranging from 630,000 GBP to 5.3M GBP.


If you're leasing or purchasing, housing costs in Exeter will probably constitute your biggest expenditure, yet it's an area where you wield considerable influence. This is due to the substantial variance in housing prices across communities. Keep in mind the location of your workplace and the accessibility of essential amenities to prevent negating the savings from lower rental rates with increased transportation expenses.

House / apartment prices to income ratio


Property price to income ratio

( average property price / average monthly income ) x 100


40 x120 monthly income 203
MINIMUM AVERAGE MAXIMUM

Property prices in Exeter can be x120 to x203 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x120 multiples of the average monthly salary in Exeter.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


22% 31% of income 40%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Exeter is around 31%. This means that people pay 31% of their income for rent. Those figures can range from 22% to 40% depending on the salary, location, and type of property.


The housing-to-income ratio is a very important metric to evaluate and measure how affordable living is in a particular area, city, or country since housing comprises the biggest chunk of expenditure. A higher housing to income ratio means that the place is relatively expensive. The figure by itself does tell much. It only starts to make sense when comparing the housing to income ratio across different locations.

Housing affordability index

The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.

Housing Affordability Index
29%

Property Taxes

Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.


FROM
2.2%
AVERAGE
3.2%
TO
4.1%

Home Maintenance Costs

Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.


4.5 GBP 59 GBP 590 GBP
MINIMUM AVERAGE MAXIMUM

Urban vs. rural living costs

Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.

Monthly costs and expenses of energy and basic utilities in Exeter

Utilities expenditure can vary slightly between different areas and locations.


Energy, electricity, water, gas, internet, and mobile cost in Exeter

Utility Bill Cost / Electricity + Water + Gas / Couple

45 GBP 150 GBP 990 GBP
MINIMUM AVERAGE MAXIMUM
$57 $190 $1,300

Internet and cable cost

16 GBP 32 GBP 43 GBP
MINIMUM AVERAGE MAXIMUM
$20 $41 $54

Mobile phone bill and charges

13 GBP 21 GBP 64 GBP
MINIMUM AVERAGE MAXIMUM
$16 $27 $82

Because most utility bills club electricity, water, and gas costs in one bill, we can't provide a breakup for each type of utility and will display electricity, gas, and water as single cost.


The average monthly energy and water consumption of couples is around 150 GBP. The cost of internet and WiFi ranges from 16 GBP to 43 GBP with 32 GBP being the average internet bill. Finally, the average monthly mobile charges is around 21 GBP but can range between 13 GBP and 64 GBP depending on consumption. Mobile charges include both calling minutes as well as data packages.


Energy / Utility expense to income ratio


( monthly utility expenses / monthly income ) x 100


1.9% 4.7% of income 8.4%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Exeter is around 4.7%. This means that people pay 4.7% of their income for energy, water, internet, and mobile charges. Those figures can range from 1.9% to 8.4% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Exeter

Grocery / Food expenditure and prices can vary drastically between different areas and locations.


Prices and cost of goods and services in Exeter

Dining out, food, and beverages costs. Price variations for common food items.

Fast food combo meal price

3.2 GBP 6.4 GBP 11 GBP
MINIMUM AVERAGE MAXIMUM
$4.1 $8.2 $14

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Exeter is approximatly 6.4 GBP with meal cost ranging from 3.2 GBP to 11 GBP. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

11 GBP 16 GBP 32 GBP
MINIMUM AVERAGE MAXIMUM
$13 $20 $40

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 11 GBP and 32 GBP with 16 GBP being the average price of a plate for one person at a regular restaurant in Exeter.

Fine dining meal for one price

21 GBP 32 GBP 130 GBP
MINIMUM AVERAGE MAXIMUM
$27 $40 $160

The price range of a meal at fine-dining restaurant is 21 GBP to 130 GBP with the average cost being 32 GBP for one person. This is what you would expect to pay a top-tier diner in Exeter.

Beverage prices, cappuccino, latte etc..

2.7 GBP 4.3 GBP 6.4 GBP
MINIMUM AVERAGE MAXIMUM
$3.4 $5.4 $8.2

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Exeter is around 4.3 GBP. Price ranges between 2.7 GBP and 6.4 GBP depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

2.1 GBP 2.6 GBP 3.2 GBP
MINIMUM AVERAGE MAXIMUM
$2.7 $3.3 $4.1

The average price of a large bottle of milk in Exeter is 2.6 GBP. The maximum what you would pay for milk is 3.2 GBP and the minimum being 2.1 GBP depending on the brand of milk and other properties.

12 eggs price

1.6 GBP 2.1 GBP 3.2 GBP
MINIMUM AVERAGE MAXIMUM
$2 $2.7 $4.1

A dozen eggs costs around 2.1 GBP on average with 1.6 GBP and 3.2 GBP being the lower and upper limits respectively.

Fresh whole chicken price

3.7 GBP 4.7 GBP 6.7 GBP
MINIMUM AVERAGE MAXIMUM
$4.6 $6 $8.5

The price range of a fresh whole chicken in Exeter is between 3.7 GBP and 6.7 GBP depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 4.7 GBP.

Pack of beef price

4.3 GBP 6.4 GBP 13 GBP
MINIMUM AVERAGE MAXIMUM
$5.4 $8.2 $16

The price of a regular pack of beef or meat is around 6.4 GBP. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

1.7 GBP 2.4 GBP 3.4 GBP
MINIMUM AVERAGE MAXIMUM
$2.2 $3 $4.3

A bag of rice in Exeter costs around 2.4 GBP on average with prices rangeing between 1.7 GBP and 3.4 GBP depending on the brand and quality.

Bag of tomatos price

0.65 GBP 0.86 GBP 1.6 GBP
MINIMUM AVERAGE MAXIMUM
$0.82 $1.1 $2

A bag of tomatoes costs anywhere from 0.65 GBP to 1.6 GBP. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

1.2 GBP 1.5 GBP 2.5 GBP
MINIMUM AVERAGE MAXIMUM
$1.5 $1.9 $3.1

A bag of apples costs 1.5 GBP on average. A bag of apples denotes 1Kg or 1lb depending on location.


Grocery and food expenditure to income ratio


( monthly grocery expenses / monthly income ) x 100


16% 23% of income 29%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Exeter is around 23%. This means that couples spend 23% of their income on grocery and basic household items. The expenditure can range from 16% to 29% depending on salary and location.


Expenditure on food and grocery for couples

Couples' spending on grocery ranges from 160 GBP to 2,500 GBP with the location, income, and size of the couple being the most determinite factors.

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