Cost Of Living For a Family in Guernsey 2025

Family cost of living chart - average monthly expenditure in Guernsey

Average monthly spending for families in Guernsey

We consider a family to be a member of four members, two adults and two children. This is the most common type of family. From the figures below, it should be fairly easy to calculate the average spending for families of different sizes.

Average Monthly Expenditure

Currency: GBP
1,200 3,400 22,000
MINIMUM AVERAGE MAXIMUM
$1,500 $4,400 $28,000

How much money does a family need in a month to survive in Guernsey?

Families in Guernsey spend around 3,400 GBP per month on average. Depending on the lifestyle, a family can survive with a monthly budget as low as 1,200 GBP or as high as 22,000 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 Guernsey


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

Dining, food, and beverages costs


Fast food combo meal

2.4 GBP 4.8 GBP 8 GBP
MINIMUM AVERAGE MAXIMUM
$3 $6.1 $10

Restaurant meal for one

8 GBP 12 GBP 24 GBP
MINIMUM AVERAGE MAXIMUM
$10 $15 $30

Fine dining meal for one

16 GBP 24 GBP 96 GBP
MINIMUM AVERAGE MAXIMUM
$20 $30 $120

Cappuccino or latte

2 GBP 3.2 GBP 4.8 GBP
MINIMUM AVERAGE MAXIMUM
$2.5 $4.1 $6.1

Grocery and market costs


Milk large bottle

1.6 GBP 1.9 GBP 2.4 GBP
MINIMUM AVERAGE MAXIMUM
$2 $2.4 $3

12 eggs

1.2 GBP 1.6 GBP 2.4 GBP
MINIMUM AVERAGE MAXIMUM
$1.5 $2 $3

Fresh whole chicken

2.7 GBP 3.5 GBP 5 GBP
MINIMUM AVERAGE MAXIMUM
$3.5 $4.5 $6.3

Pack of beef

3.2 GBP 4.8 GBP 9.6 GBP
MINIMUM AVERAGE MAXIMUM
$4.1 $6.1 $12

Medium bag of rice

1.3 GBP 1.8 GBP 2.5 GBP
MINIMUM AVERAGE MAXIMUM
$1.6 $2.2 $3.2

Bag of tomatos

0.48 GBP 0.64 GBP 1.2 GBP
MINIMUM AVERAGE MAXIMUM
$0.61 $0.81 $1.5

Bag of apples

0.86 GBP 1.1 GBP 1.8 GBP
MINIMUM AVERAGE MAXIMUM
$1.1 $1.4 $2.3
Chart showing the prices and cost of commute, travel, and transportation in Guernsey


Commute, travel, and transportation costs


20 minutes taxi ride

2 GBP 2.4 GBP 4.8 GBP
MINIMUM AVERAGE MAXIMUM
$2.5 $3 $6.1

Average car full tank

12 GBP 16 GBP 32 GBP
MINIMUM AVERAGE MAXIMUM
$15 $20 $41

Average car 1-day rental

12 GBP 16 GBP 24 GBP
MINIMUM AVERAGE MAXIMUM
$15 $20 $30

Average car price

6,000 GBP 12,000 GBP 16,000 GBP
MINIMUM AVERAGE MAXIMUM
$7,600 $15,000 $20,000

Bus ticket one way

0.40 GBP 0.60 GBP 1.2 GBP
MINIMUM AVERAGE MAXIMUM
$0.51 $0.76 $1.5

Car Service

16 GBP 24 GBP 48 GBP
MINIMUM AVERAGE MAXIMUM
$20 $30 $61
Chart showing the prices and cost of utility, energy, water, and gas in Guernsey


Utility cost (monthly)


Utility Bill - Family

60 GBP 170 GBP 1,100 GBP
MINIMUM AVERAGE MAXIMUM
$76 $220 $1,400

Internet and cable

12 GBP 24 GBP 32 GBP
MINIMUM AVERAGE MAXIMUM
$15 $30 $41

Mobile phone charges

9.6 GBP 16 GBP 48 GBP
MINIMUM AVERAGE MAXIMUM
$12 $20 $61

Leisure and activities costs


Movie ticket

6 GBP 8 GBP 12 GBP
MINIMUM AVERAGE MAXIMUM
$7.6 $10 $15

One month gym membership

19 GBP 24 GBP 48 GBP
MINIMUM AVERAGE MAXIMUM
$24 $30 $61
Chart showing the prices and cost of clothing and accessories in Guernsey


Cloths and accessories costs


Pair of jeans or pants

14 GBP 20 GBP 30 GBP
MINIMUM AVERAGE MAXIMUM
$18 $25 $38

Woman dress

13 GBP 18 GBP 60 GBP
MINIMUM AVERAGE MAXIMUM
$17 $23 $76

Woman shoes

13 GBP 17 GBP 40 GBP
MINIMUM AVERAGE MAXIMUM
$16 $22 $51

Men's shoes

11 GBP 13 GBP 27 GBP
MINIMUM AVERAGE MAXIMUM
$14 $17 $34

Men suit

12 GBP 15 GBP 80 GBP
MINIMUM AVERAGE MAXIMUM
$15 $19 $100

Regular t-shirt

6 GBP 8 GBP 24 GBP
MINIMUM AVERAGE MAXIMUM
$7.6 $10 $30
Chart showing the prices and cost of housing, accommodation, and rent in Guernsey


Housing costs / monthly rent


Studio apartment

200 GBP 300 GBP 800 GBP
MINIMUM AVERAGE MAXIMUM
$250 $380 $1,000

1-bedroom apartment

300 GBP 480 GBP 1,200 GBP
MINIMUM AVERAGE MAXIMUM
$380 $610 $1,500

2-bedroom apartment

400 GBP 600 GBP 1,600 GBP
MINIMUM AVERAGE MAXIMUM
$510 $760 $2,000

Housing costs / Buying


Studio apartment

40,000 GBP 60,000 GBP 120,000 GBP
MINIMUM AVERAGE MAXIMUM
$51,000 $76,000 $150,000

1-bedroom apartment

48,000 GBP 80,000 GBP 300,000 GBP
MINIMUM AVERAGE MAXIMUM
$61,000 $100,000 $380,000

2-bedroom apartment

80,000 GBP 240,000 GBP 480,000 GBP
MINIMUM AVERAGE MAXIMUM
$100,000 $300,000 $610,000
Chart showing the prices and cost of furniture in Guernsey


Furniture Costs


King Size Bed

240 GBP 300 GBP 400 GBP
MINIMUM AVERAGE MAXIMUM
$300 $380 $510

Double Bed

160 GBP 240 GBP 300 GBP
MINIMUM AVERAGE MAXIMUM
$200 $300 $380

Single Bed

140 GBP 180 GBP 240 GBP
MINIMUM AVERAGE MAXIMUM
$180 $230 $300

Living Room

270 GBP 340 GBP 1,200 GBP
MINIMUM AVERAGE MAXIMUM
$340 $430 $1,500

Dining Table

120 GBP 160 GBP 300 GBP
MINIMUM AVERAGE MAXIMUM
$150 $200 $380

Sofa or Couch

160 GBP 220 GBP 480 GBP
MINIMUM AVERAGE MAXIMUM
$200 $280 $610
Chart showing the prices and cost of electronic devices and appliances in Guernsey


Electronics and House Appliance Costs


TV Set

160 GBP 240 GBP 480 GBP
MINIMUM AVERAGE MAXIMUM
$200 $300 $610

Fridge or Freezer

140 GBP 220 GBP 300 GBP
MINIMUM AVERAGE MAXIMUM
$180 $280 $380

Washing Machine

180 GBP 270 GBP 480 GBP
MINIMUM AVERAGE MAXIMUM
$230 $340 $610

Stove or Cooker

170 GBP 220 GBP 300 GBP
MINIMUM AVERAGE MAXIMUM
$220 $280 $380

Mobile Phone

200 GBP 240 GBP 340 GBP
MINIMUM AVERAGE MAXIMUM
$250 $300 $430

Laptop or Computer

220 GBP 270 GBP 480 GBP
MINIMUM AVERAGE MAXIMUM
$280 $340 $610
Family cost of living and expenditure to income ratio in Guernsey

Family expenditure to income ratio in Guernsey

Analysing the how affordable it is for families to live in Guernsey

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. Families usually spend a larger chunk of their income than other population groups. A typical and healthy expenditure percentage for a family of four ranges between 70% to 80%.


Spending to Income Ratio

85%

76% to 96%

( expenditure / income ) x 100


Families in Guernsey spend around 85% of their monthly income. Some families spend as low as 76% of their income while some as high as 96%.

Distribution of monthly cost of living expenses of a family in Guernsey

How do families spend their money in Guernsey?

We asked thousands of families 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 families

Accomodation Cost31%

31% of total expenses on average (26% to 41%)

LOW$490   390 GBP
AVERAGE$1,400   1,100 GBP
HIGH$9,100   7,200 GBP
Per Month

Families in Guernsey typically spend from 26% to 41% of their total monthly expenditure on housing with 31% being the average. The average monthly spend on housing is 1,100 GBP with expenditure ranging from 390 GBP to 7,200 GBP. This cost mainly goes for rent but it also includes other accommodation-related expenses.

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

Cost of utilities4%

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

LOW$76   60 GBP
AVERAGE$220   170 GBP
HIGH$1,400   1,100 GBP
Per Month

Utility expenditure like electricity, water, and gas in Guernsey ranges from 2% to 7% of total expenses with 4% being the average for most families. The average monthly cost of utilities is 170 GBP with 60 GBP and 1,100 GBP being the upper and lower limits for a family of four.

Transport, fuel, and commute expenditure for families

Cost of transport and fuel7%

7% of total expenses on average (5% to 9%)

LOW$150   120 GBP
AVERAGE$440   340 GBP
HIGH$2,800   2,200 GBP
Per Month

Fuel consumption and cost of transport depend heavily on whether a family resides near school and work, but roughly speaking a family would expect to spend from 120 GBP to 2,200 GBP in a month on commuting with 340 GBP being the norm for most families. This means that money spent on transport constitutes about 7% of total spending on average but can go as low as 5% or as high as 9%.

Food, groceries, and basic shopping expenditure for families

Food and Groceries Cost19%

19% of total expenses on average (12% to 25%)

LOW$280   220 GBP
AVERAGE$790   620 GBP
HIGH$5,100   4,000 GBP
Per Month

The average outlay on groceries and basic houshold items for a typical family in a month in Guernsey is 620 GBP. The cost of groceries can range between 220 GBP to 4,000 GBP. Families spend on average about 19% on food and groceries with upper and lower bounds of 12% and 25% respectively.

Healthcare and medical services expenditure for families

Cost of healthcare9%

9% of total expenses on average (5% to 14%)

LOW$140   110 GBP
AVERAGE$440   340 GBP
HIGH$2,300   1,800 GBP
Per Month

Families in Guernsey allocate 5% to 14% 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 9%. The range of medical expenses range from 110 GBP to 1,800 GBP with 340 GBP being the norm for most families.

Leisure and shopping expenditure for families

Cost of leisure and shopping4%

4% of total expenses on average (3% to 8%)

LOW$76   60 GBP
AVERAGE$220   170 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 60 GBP to 1,100 GBP with 170 GBP being the average. Speaking of percentages, that equates to 3% to 8% of total expenses with an average of 4% for most families.

Education and schooling expenditure for families

Cost of education and schooling14%

14% of total expenses on average (7% to 22%)

LOW$210   170 GBP
AVERAGE$610   480 GBP
HIGH$4,000   3,100 GBP
Per Month

Spending on education can vary drastically between different families. On average, education constitutes 14% of the monthly expenditure of families with 7% and 22% being the lower and upper bounds respectively. The average reported education cost is 480 GBP per month with 170 GBP being the minimum spent amount and 3,100 GBP being the maximum.

Other Expenses13%

13% of total expenses on average (6% to 18%)

LOW$120   96 GBP
AVERAGE$350   280 GBP
HIGH$2,300   1,800 GBP
Per Month
Percentage of families who manage to save money from their income every month in Guernsey

What percentage of families in Guernsey are able to save money and how much can they save?


Percentage of families that reported their ability to save money


Saving Money
61%
Not Saving
39%

Almost 61% of surveyed families in Guernsey said that they can save some money at the end of each month while 39% reported that they have to utilize their whole income to survive.


Family savings to income ratio in Guernsey

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 families 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

13% 22% of income 31%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

470 GBP
$600
1,400 GBP
$1,700
8,800 GBP
$11,000
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for families

Saving To Income Ratio% Families
0% - 10%33%
10% - 20%26%
20% - 30%19%
30% - 40%11%
40% - 50%8%
> 50%3%

Interpretation and Analysis

Families that are able to save money can put anywhere from 13% to 31% of their monthly income to their savings, with 22% being the average for most families. The average monthly amount of money that families can put aside is 1,400 GBP with 470 GBP and 8,800 GBP being the minimum and maximum respectively.

Reasons that make it difficult for families to save money in Guernsey

Saving Challenges in Guernsey

Reasons that make it difficult for families to save money

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


Reason% People
Low Income7%
High Expenses10%
Debt and Loans21%
Lack of Budgeting Skills10%
Impulsive Spending8%
Financial Emergencies5%
Living the moment7%
Will do it later15%
Inflation9%
Social Pressure4%
Market Instability4%

Around 7% of the families said that their salary is too low to accommodate a portion for savings while 10% said that the high cost of living leaves little room for savings. 21% of the residents said that they are burdened with debt and find it challenging to save money. 10% 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. 8% of families blamed impulsive spending as the reason for saving inability. Around 5% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 7% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 15% 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. 9% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 4% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 4% blamed market instability and price fluctuations.

Where do families choose to put their savings in Guernsey

Typical saving choices for families in Guernsey

Where do people choose to put their savings?


Saving Type% People
Emergency Funds10%
Gold8%
Savings Accounts18%
Retirement Accounts12%
Cash Savings13%
Real Estate11%
Investment7%
Stocks7%
Bonds7%
Mutual Funds4%
Certificates of Deposit4%
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 families to live in Guernsey

Affordable living in Guernsey

Income and cost of living compatibility

We asked families one simple question and recorded their answers.

Is it affordable or economical to live in Guernsey?


Yes
76%
No
24%

Around 76% of surveyed families think that living in Guernsey is affordable with proper budgeting while 24% reported that it is just too expensive and not affordable even with frugality and thriftness.

How easily is cost-cutting for families. Are there plenty of low-cost options in Guernsey

Low-cost alternatives in Guernsey

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 families how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options63%

Few low-cost options37%


Based on the survey, 63% of the families living in Guernsey have no problem finding low-cost alternatives to support a frugal lifestyle while 37% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Emergency Funds For Families

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 families of Guernsey whether they have an emergency fund and the answers were as follows.

Yes76%

No24%


Based on the survey, 24% of the families living in Guernsey said that they don't have an emergency fund while 76% said that they do.

Financial literacy and difficulty in budgeting and financial planning for families in Guernsey

Financial Literacy in Guernsey

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 Leteracy71%


We asked family guardians and parents in Guernsey whether they acquired any adequate personal financial training in their lives. Approximately 29% 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 71% 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 families of Guernsey have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 19% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 81% said that they have everything under control.

Struggles with finance19%

Easily manages finances81%

Financial goals and targets of families living in Guernsey

Financial goals of families in Guernsey

In an attempt to understand the economic situation in Guernsey, 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 Fund6%
Debt Reduction27%
Retirement Savings6%
Education Funding9%
Homeownership16%
Investing10%
Travel or Lifestyle13%
Healthcare Expenses6%
Financial Independence11%

Around 6% of families said that their main goal is to establish an emergency fund to cover unexpected expenses while 27% said their number one priority is to pay off high-interest debt or loans and improve credit. 6% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 9% reported that their priority is saving for the tuition fees and education costs of their children while 16% choose to buy a home or pay off existing mortgage before other things. 10% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 13% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 6% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Chart showing the percentage of families who are in debt in Guernsey

Debt, loans, and mortgages in Guernsey


Percentage of families who are in debt


In Debt
22%
Debt Free
78%

According to the survey, 22% of the families in Guernsey have some kind of debt, loan, mortgage, or credit card payments while 78% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Guernsey

Debt-to-income ratio in Guernsey

Debt to income ratio

26%

17% to 36%

( 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 26% of a family's monthly income in Guernsey goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%2%
50% - 60%8%
40% - 50%9%
30% - 40%11%
20% - 30%18%
10% - 20%22%
0% - 10%29%

According to our data, 2% of the debtors in Guernsey pay 60%+ of their income as debt settlement while 8% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 9% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 11% dedicated 30% to 40% of income for same. Things are looking brighter for 18% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Guernsey

Debt% People
Real Estate Mortgage16%
Auto Loan27%
Student Loan2%
Credit Card22%
Personal Loan33%

16% of debtors in Guernsey confirm that real estate mortgages constitutes the main part of their outstanding debt while 22% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 27% of people and personal loans rose at 33%. Lastly, student loans are the main source of debt for 2% of debtors in Guernsey.


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 Guernsey

Besides measuring the loan-to-income ratio, we asked families of Guernsey 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
Never58%
Once a year21%
Twice a year11%
Three times a year7%
Four times a year3%
Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Guernsey

Housing costs, accommodation, and housing affordability in Guernsey

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


Rent Cost in Guernsey

Monthly Rent Prices

Studio apartment monthly rent cost

200 GBP 300 GBP 800 GBP
MINIMUM AVERAGE MAXIMUM
$250 $380 $1,000

1-bedroom apartment monthly rent cost

300 GBP 480 GBP 1,200 GBP
MINIMUM AVERAGE MAXIMUM
$380 $610 $1,500

2-bedroom apartment monthly rent cost

400 GBP 600 GBP 1,600 GBP
MINIMUM AVERAGE MAXIMUM
$510 $760 $2,000

3-bedroom apartment monthly rent cost

480 GBP 800 GBP 2,200 GBP
MINIMUM AVERAGE MAXIMUM
$610 $1,000 $2,800

Furnished apartment monthly rent cost

960 GBP 2,400 GBP 4,800 GBP
MINIMUM AVERAGE MAXIMUM
$1,200 $3,000 $6,100

Townhouse monthly rent cost

800 GBP 1,200 GBP 3,400 GBP
MINIMUM AVERAGE MAXIMUM
$1,000 $1,500 $4,300

House monthly rent cost

960 GBP 2,400 GBP 4,800 GBP
MINIMUM AVERAGE MAXIMUM
$1,200 $3,000 $6,100

Villa monthly rent cost

1,200 GBP 3,000 GBP 4,800 GBP
MINIMUM AVERAGE MAXIMUM
$1,500 $3,800 $6,100

The monthly rental cost of a studio apartment in Guernsey ranges between 200 GBP and 800 GBP, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 300 GBP to 1,200 GBP. Two-bedroom rentals rate ranges between 400 GBP and 1,600 GBP per month. The monthly rental for a three-bedroom apartment ranges from 480 GBP to 2,200 GBP. The average rent of a townhouse in Guernsey is around 1,200 GBP while house rental costs can be as high as 2,400 GBP per month. Finally, if you want to rent a villa, expect to pay anywhere from 1,200 GBP to 4,800 GBP per month.



Apartment and house prices in Guernsey

Cost of buying a property

Studio apartment price

40,000 GBP 60,000 GBP 120,000 GBP
MINIMUM AVERAGE MAXIMUM
$51,000 $76,000 $150,000

1-bedroom apartment price

48,000 GBP 80,000 GBP 300,000 GBP
MINIMUM AVERAGE MAXIMUM
$61,000 $100,000 $380,000

2-bedroom apartment price

80,000 GBP 240,000 GBP 480,000 GBP
MINIMUM AVERAGE MAXIMUM
$100,000 $300,000 $610,000

3-bedroom apartment price

270,000 GBP 400,000 GBP 1.2M GBP
MINIMUM AVERAGE MAXIMUM
$340,000 $510,000 $1.5M

Townhouse price

340,000 GBP 800,000 GBP 3M GBP
MINIMUM AVERAGE MAXIMUM
$430,000 $1M $3.8M

House price

400,000 GBP 2.4M GBP 3.4M GBP
MINIMUM AVERAGE MAXIMUM
$510,000 $3M $4.3M

Villa price

480,000 GBP 2.7M GBP 4M GBP
MINIMUM AVERAGE MAXIMUM
$610,000 $3.4M $5.1M

The average price of a studio apartment in Guernsey can range from 40,000 GBP to 120,000 GBP depending on location. One bedroom cost can be anywhere from 48,000 GBP to 300,000 GBP. A villa can cost you 2.7M GBP on average with prices ranging from 480,000 GBP to 4M GBP.


If you're leasing or purchasing, housing costs in Guernsey 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


46 x136 monthly income 222
MINIMUM AVERAGE MAXIMUM

Property prices in Guernsey can be x136 to x222 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x136 multiples of the average monthly salary in Guernsey.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


24% 34% of income 44%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Guernsey is around 34%. This means that people pay 34% of their income for rent. Those figures can range from 24% to 44% 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
32%

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
2.4%
AVERAGE
3.4%
TO
4.4%

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.


3.4 GBP 45 GBP 450 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 Guernsey

Utilities expenditure can vary slightly between different areas and locations.


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

Utility Bill Cost / Electricity + Water + Gas / Family

60 GBP 170 GBP 1,100 GBP
MINIMUM AVERAGE MAXIMUM
$76 $220 $1,400

Internet and cable cost

12 GBP 24 GBP 32 GBP
MINIMUM AVERAGE MAXIMUM
$15 $30 $41

Mobile phone bill and charges

9.6 GBP 16 GBP 48 GBP
MINIMUM AVERAGE MAXIMUM
$12 $20 $61

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 families is around 170 GBP. The cost of internet and WiFi ranges from 12 GBP to 32 GBP with 24 GBP being the average internet bill. Finally, the average monthly mobile charges is around 16 GBP but can range between 9.6 GBP and 48 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


2% 5% of income 9%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Guernsey is around 5%. This means that people pay 5% of their income for energy, water, internet, and mobile charges. Those figures can range from 2% to 9% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Guernsey

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


Prices and cost of goods and services in Guernsey

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

Fast food combo meal price

2.4 GBP 4.8 GBP 8 GBP
MINIMUM AVERAGE MAXIMUM
$3 $6.1 $10

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Guernsey is approximatly 4.8 GBP with meal cost ranging from 2.4 GBP to 8 GBP. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

8 GBP 12 GBP 24 GBP
MINIMUM AVERAGE MAXIMUM
$10 $15 $30

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 8 GBP and 24 GBP with 12 GBP being the average price of a plate for one person at a regular restaurant in Guernsey.

Fine dining meal for one price

16 GBP 24 GBP 96 GBP
MINIMUM AVERAGE MAXIMUM
$20 $30 $120

The price range of a meal at fine-dining restaurant is 16 GBP to 96 GBP with the average cost being 24 GBP for one person. This is what you would expect to pay a top-tier diner in Guernsey.

Beverage prices, cappuccino, latte etc..

2 GBP 3.2 GBP 4.8 GBP
MINIMUM AVERAGE MAXIMUM
$2.5 $4.1 $6.1

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Guernsey is around 3.2 GBP. Price ranges between 2 GBP and 4.8 GBP depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

1.6 GBP 1.9 GBP 2.4 GBP
MINIMUM AVERAGE MAXIMUM
$2 $2.4 $3

The average price of a large bottle of milk in Guernsey is 1.9 GBP. The maximum what you would pay for milk is 2.4 GBP and the minimum being 1.6 GBP depending on the brand of milk and other properties.

12 eggs price

1.2 GBP 1.6 GBP 2.4 GBP
MINIMUM AVERAGE MAXIMUM
$1.5 $2 $3

A dozen eggs costs around 1.6 GBP on average with 1.2 GBP and 2.4 GBP being the lower and upper limits respectively.

Fresh whole chicken price

2.7 GBP 3.5 GBP 5 GBP
MINIMUM AVERAGE MAXIMUM
$3.5 $4.5 $6.3

The price range of a fresh whole chicken in Guernsey is between 2.7 GBP and 5 GBP depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 3.5 GBP.

Pack of beef price

3.2 GBP 4.8 GBP 9.6 GBP
MINIMUM AVERAGE MAXIMUM
$4.1 $6.1 $12

The price of a regular pack of beef or meat is around 4.8 GBP. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

1.3 GBP 1.8 GBP 2.5 GBP
MINIMUM AVERAGE MAXIMUM
$1.6 $2.2 $3.2

A bag of rice in Guernsey costs around 1.8 GBP on average with prices rangeing between 1.3 GBP and 2.5 GBP depending on the brand and quality.

Bag of tomatos price

0.48 GBP 0.64 GBP 1.2 GBP
MINIMUM AVERAGE MAXIMUM
$0.61 $0.81 $1.5

A bag of tomatoes costs anywhere from 0.48 GBP to 1.2 GBP. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

0.86 GBP 1.1 GBP 1.8 GBP
MINIMUM AVERAGE MAXIMUM
$1.1 $1.4 $2.3

A bag of apples costs 1.1 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


17% 25% of income 31%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Guernsey is around 25%. This means that families spend 25% of their income on grocery and basic household items. The expenditure can range from 17% to 31% depending on salary and location.


Expenditure on food and grocery for families

Families' spending on grocery ranges from 220 GBP to 4,000 GBP with the location, income, and size of the family being the most determinite factors.

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