The cost of moving to Cambridge
Thanks to its world-class university, dynamic business landscape, and countless historic buildings, Cambridge is a fantastic place to live. Attracting professionals, students, and entrepreneurs from around the world – the city’s period properties, stunning green spaces, and vibrant cultural scene make it one of the best places to relocate to in the world.
If you’ve recently had a job offer from a company in Cambridge, or if you’re thinking of moving to the city to study or to improve your career opportunities, understanding the costs involved in a relocation is crucial. Properly pricing up your move will help you to get your finances in order and ensure you start your new life in Cambridge on the right foot.
The cost of housing is an important consideration in any relocation. When moving to Cambridge, new arrivals need to think about the type of housing they’re looking for. There is a wide variety of housing available in Cambridge with everything from detached family homes to city-centre studios on offer.
As in most cities, the larger the property you want to buy or rent, the more you’ll need to budget. If you want to live in the city centre, you should expect to pay around £800 per month for a one-bed flat while a three-bed will set you back over £1,500 a month.
Outside of central Cambridge, similar properties are a lot cheaper, with one-beds available for around £950 per month and three beds for around £1,600. However, if you choose to live outside the city centre, you’ll need to factor in the cost of travel when balancing your budget.
The cost of travel in Cambridge will vary depending on where you live. If you’re based in the city centre, you’ll find you can walk to most destinations so the cost of travel will be fairly negligible. Cycling is a great way to get around Cambridge, as @VisitCambs says, “The city boasts over 80 miles of cycle lanes & routes. These routes offer a quick & easy way to travel throughout the city.” If you opt to live outside the city centre, you’ll need to pay for parking, or invest in a local travelcard, if you’re going to easily navigate the city.
Nightlife and Eating Out
The cost of going out and eating out in Cambridge can vary significantly from venue to venue and night to night. Thanks to the city’s large student population, a lot of clubs and bars run regular promotions, which can help you to keep your nights out cheap and cheerful.
However, Cambridge is also home to several excellent restaurants and sophisticated nightspots. These venues are not generally aimed at students so you should expect to pay full price for your night out.
A great way to keep the cost of relocating to Cambridge to a minimum is to find your accommodation through Checked Inn. We offer a fantastic choice of apartments in and around the city centre, making it easy for you to find a great place to live. Get in touch with a member of our team today to find out more.