Brief Overview of Bristol
Bristol is a city in southwestern England and is considered one of the United Kingdom’s largest settlements. Existing for hundreds of years already, Bristol has become a truly historic centre. It used to be a part of Gloucestershire and Somerset before it was created as the county of Bristol. It temporarily become the county of Avon in 1974 but soon became a unitary authority afterwards.
Located just about 120 miles west of London, Bristol is a historic seaport and commercial centre since the Roman era. Bristol is also known as the “Birthplace of America” after John Cabot sailed from Bristol to help discover North America in 1497 aboard The Matthew. It also was a vital port for England’s maritime trade of tobacco, wine, and cotton.
Spanning over 110 km2, Bristol houses an astounding population of almost 700, 000 residents according to recent surveys. It is currently the 8th most populated area in the United Kingdom. The official language that is widely spoken is English. However, over 20 other languages are being spoken. The list includes Polish, Somali Urdu, French, Spanish, etc. Bristol is culturally diverse and is known to be welcoming to most cultures.
Many young professionals are making the move to Bristol because of the various job opportunities that it presents. Bristol’s modern economy is composed of creative media, electronics, and aerospace industries. Some of its city-centre docks have also been redeveloped as centres of heritage and culture.
Another major percentage that takes up Bristol’s population is of students. Bristol has two major universities — University of Bristol and the University of the West of England. Luckily for these students, Bristol’s economy is booming right now and is absorbing many university graduates for the new companies starting in Bristol.
There are a lot of attractions and things to do in Bristol that I am sure you will not be lacking of a thing to do. In The Sunday Times Best Places to Live Guide 2017, Bristol was voted as the Best City to Live in Britain. The Guardian also named Bristol as one of the 10 Happiest Cities To Work.
Bristol caters to all types of people. Regardless of whether you are an art fiend, an animal lover, an outdoors enthusiast, or a theatre buff, Bristol has a lot of attractions for you.
There are over 400 parks and gardens in Bristol. Its aim to become a green space did not go unnoticed as in 2015, it became the first UK city to be awarded the European Green Capital Award. Go around Bristol and have a great day out with your family or have a romantic break for two or even a solo adventure. You will surely have a great day.
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Cost Of Living In Bristol
It would be great for you to know that the cost of living in Bristol is considerably lower than it is in other major cities in the UK. This means that many of the residents in Bristol right now are ex-Londoners who have gotten tired of the extremely high cost of living. According to studies, the consumer prices in Bristol are 13.90% lower than in London.
Unlike other major cities, Bristol residents enjoy a lower cost of living. Here is a table from MoverDB about the normal daily costs in Bristol:
- Inexpensive Restaurant: £10.00 – £15.00Takeout Coffee: £2.00 – £00
- Bottle of Coke: £0.80 – £2.00
- 1L of milk: £0.50 – £1.00
- Loaf of Bread: £0.53 – £1.30
- 12 Eggs: £1.10 – £2.50
- 1kg Chicken: £5.00 – £8.00
- 1kg Beef: £8.40 – £10.78
- 1kg Apples: £1.00 – £2.80
- 1kg White Rice: £0.45 – £1.79
This is how restaurants and food prices compare with other major cities in the world. New York restaurants are 27.84% more expensive and groceries are 77.11% more expensive than Bristol.
Numbeo states that given the prices in London as compared to Bristol, you would need around £3, 289.18 just to maintain the same standards of life that you can have with £4, 700 in London. Here are some of the computations that Numbeo made:
- Consumer Prices in Bristol are 13.90% lower than in London
- Consumer Prices Including Rent in Bristol are 30.02% lower than in London
- Rent Prices in Bristol are 50.32% lower than in London
- Restaurant Prices in Bristol are 2.10% lower than in London
- Groceries Prices in Bristol are 9.47% lower than in London
- Local Purchasing Power in Bristol is 52.97% higher than in London
Rent Situation in Bristol
The rent in Bristol, just like the grocery prices, is also lower. Rent takes up majority of someone’s salary. If you are trying to save up, there are obviously a lot of steps that you can take so you do not have an overdrawn bank account. Prices still varies obviously. They depend on the size, location, and the neighbourhood around. However, here is the average cost of rent in Bristol according to MoverDB is:
Monthly Rental Prices in Bristol
- 1 bedroom flat (apartment) in City Centre: £750+
- 1 bedroom flat outside the City Centre: £500+
- 3 bedroom flat in City Centre: £1,400+
- 3 bedroom flat outside the City Centre: £950+
Bristol Home Purchase Prices
- Price per square metre (10.7 square feet) to buy in City Centre: £3,833+
- Price per square metre (10.7 square feet) to buy outside City: £2,766+
How To Save In Bristol
There are a lot of ways you can take to save up on money in Bristol. The first thing obviously is to live thriftily. Most of the attractions in Bristol are free, such as the parks. Take advantage of these free activities by spending your weekend in them. There are also Art Museums and Galleries with free entrance.
Another way to save money is to take public transportation instead of getting a car which has a lot of maintenance costs like gas, parking, and repairs. The public transportation system in Bristol is quite efficient and is preferred by the majority of its residents because of its low prices. You can surely go around Bristol and even its neighbouring cities without too much of a hassle.
One thing that most residents of the UK are doing is to rent self-storage facilities. The storage industry in the UK is considerably one of the biggest and fastest growing industries in Europe right now because of this trend. Many are choosing to downsize because of the insane price hikes on rent.
Downsizing is the process of choosing to live in a smaller, cheaper place. This often causes a lack of space for most residents. Thankfully, there are many storage facilities available in Bristol for residents to store their extra stuff in. Thousands of Bristol residents now live in smaller flats and have moved most of their extra furniture and other items that are not relevant to their day-to-day lives into storage units.
Storage facilities are also important if you are deciding to make the move into Bristol. They make the moving easier as you do not just dump all your furniture from your old place to your new place in one go. This is also more convenient especially if your new place is not yet ready to accept your stuff (ie. if you’re still renovating).
You can get a storage facility in Bristol for as low as £7.50 per week — a farcry of an expense as compared to the convenience that it often brings. Storage Facilities come in different and varying sizes. We recommend that you get one that is the best fit for you. You can check out our Size Guide here so you know just how big you should get.