Is Cambridge an expensive town?

The Cambridge Massachusetts cost of living index is 153.2. This means that items in Cambridge cost 53.2% more than the national average. Each category of items is higher than the national average. Transportation in Boston has the lowest index of 109.5.

Is Cambridge an expensive place to live?

According to Varsity magazine, Cambridge is the second-most expensive city after the UK capital in terms of private rent. Cambridge is 39.3% cheaper than London in terms of rent and 15.5% cheaper than London in terms of consumer prices.

Is Cambridge cheap or expensive?

Summary of cost of living in Cambridge, United Kingdom: A family of four estimated monthly costs are 3,777.7$ (2,976.8£) without rent. A single person estimated monthly costs are 1,088.5$ (857.8£) without rent. Cambridge is 31.1% less expensive than New York (without rent).

How much does it cost to live in Cambridge on?

Average Cost of Living per Month in Cambridge

The average cost of living in Cambridge is $3,683/month for a single person who rents. This average is based on many factors including the cost of housing, transportation, groceries, and entertainment.

Why is Cambridge Mass so expensive?

Cambridge, MA is the home to Harvard University, MIT, plenty of scientific institutes, and a huge startup scene. So, it's no surprise that it's a somewhat expensive place to live.

Cambridge is More Than a University Town

How do people afford Cambridge?

There's a range of financial help available to students at Cambridge, including government student loans for tuition fees and living costs, the Cambridge Bursary Scheme, and College awards. For more information, see: Cambridge financial support.

Is Oxford or Cambridge more expensive?

Both Oxford and Cambridge cost around the same amount, although Oxford is more expensive if you are an international student. Either way, both universities' study costs are cheaper than US colleges.

What salary do you need to live in Cambridge?

Housing costs of £750 a month would mean you would need to make a minimum take-home pay of £2,300 a month after tax to keep these costs below a third of your take-home pay. To achieve that, your annual salary after tax would need to be at least £28,000, depending on your financial circumstances.

Is Cambridge as expensive as London?

When we think of busy and lively places to live in the UK we often think of London. This is one of the most significant reasons why London's property prices are so expensive. Below London, we would find Cambridge is the second most expensive place to live in the United Kingdom.

Is it cheaper to live in Oxford or Cambridge?

Cost of Living Comparison Between Oxford and Cambridge

You would need around 4,604.5£ in Cambridge to maintain the same standard of life that you can have with 4,800.0£ in Oxford (assuming you rent in both cities).

What is the poshest part of Cambridge?

Newnham. Enjoying a 'village feel' yet with great access to the city centre and colleges alike, Newnham is one of the most affluent suburbs of Cambridge. It enjoys national recognition – not just as one of the best places to live in Cambridge, but as one of the best places to live in the whole of the UK.

What is the richest part of Cambridge?

Arguably one of the best Cambridge neighborhoods that has the most going for it, West Cambridge holds the highest household income average and is also the safest neighborhood in town with the lowest crime rate.

Is Cambridge expensive to rent?

Search for properties

As of December 2022, the average rent for a room in the UK was £731 per month. In Cambridge, the average monthly rent for a room was £691.70 in 2022.

Is Cambridge an affordable place to live?

100.0 is the nationwide average; a city with an index of 95 is 5% less expensive than the national average, while an index of 105 means a city is 5% more expensive. The Cambridge Massachusetts cost of living index is 153.2. This means that items in Cambridge cost 53.2% more than the national average.

Is Cambridge a nice area to live?

Combining the hustle and bustle of a small city with many parks and surrounding green areas, Cambridge is a great place to live for anyone looking for a good balance between city and country living.

Is Cambridge a fun place to live?

Cambridge has many beautiful buildings, shops, markets, nice restaurants, and open green spaces. There are more to see here than colleges. Cambridge is a perfect place if you appreciate history, art, and nature. Every weekend, you can take the time to sightsee the scenery and never get bored of it.

Which UK city is expensive?

It should come as little surprise that London is the most expensive city for first-time buyers, where the average asking price is £508,879 with an average mortgage payment of £2,533 per month. On average, you'll pay £479 more a month on mortgage payments compared to renting.

What is the quality of life in Cambridge?

Cambridgeshire residents report strongly across a range of quality of life (QoL) metrics. 72% report high or very high levels of happiness, over half have no health concerns, 84% report feeling safe in their area, 75% feel they belong in Cambridgeshire and 77% say it's a good place to raise children.

Why is rent so expensive in Cambridge?

Alex Babouris, founding director of a Cambridge-based letting agency, said a number of factors contributed to increasing rents. These include mortgage costs, utility costs, and changes to taxes.

Does Cambridge have affordable housing?

The current service provider for affordable housing in the City of Cambridge is the Region of Waterloo.

Can you live at home and go to Cambridge?

All full-time students on matriculated courses are required to be in residence in Cambridge, unless they are on a year abroad as part of their course, or they are research students who have been given approval to work away.

What is a good livable salary UK?

In 2023, we have calculated that a single person needs to earn £29,500 to have an acceptable standard of living, up from £25,000 in 2022. A couple with two children need to earn £50,000, compared to £44,500 in 2022.

Is Cambridge prettier than Oxford?

Many users replied to agree that Cambridge is widely recognised as the more attractive town, particularly in its centre. This discussion highlighted the Backs, an idyllic spot where the River Cam is bordered by the green expanses of several colleges.

Is it harder to get into Oxford or Cambridge?

Oxford University is slightly more competitive than Cambridge, with an acceptance rate of just 17.5%, which makes it one of the most competitive universities in the United Kingdom and one you need to prepare harder before applying. Check out our guide on how to get into Oxford University for all the tips and tricks!

Is Cambridge safer than Oxford?

In fact, Cambridge is considered one of the safest cities in the UK, with Travel Safe Abroad giving this English fairy town a ranking of 78, unlike London, which ranks with an index of 68, followed by Oxford with 66.