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Expat Exchange - Cost of Living in Lyme Regis 2024
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Cost of Living in Lyme Regis

By Betsy Burlingame

Professional Property Finders
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Summary: Understanding the the cost of living in Lyme Regis helps a newcomer what to expect when it comes to apartment or house hunting, grocery shopping, transportation, dining out, utilities and more.

Apartment Rentals The average cost of renting a one-bedroom apartment in Lyme Regis is around £650 per month. Two-bedroom apartments cost around £800 per month. Prices can vary depending on the location and size of the apartment.
Apartment Purchases The average cost of purchasing a one-bedroom apartment in Lyme Regis is around £150,000. Two-bedroom apartments cost around £200,000. Prices can vary depending on the location and size of the apartment.
Transportation The cost of public transportation in Lyme Regis is relatively low. A single bus ticket costs around £2.50 and a weekly bus pass costs around £15. Taxis are also available and the cost of a taxi ride within the town is around £5.
Groceries The cost of groceries in Lyme Regis is relatively low. A loaf of bread costs around £1.50, a liter of milk costs around £1.20, and a dozen eggs costs around £2.50. Prices can vary depending on the type and brand of the product.
Restaurants The cost of eating out in Lyme Regis is relatively low. A meal at a fast food restaurant costs around £5, while a meal at a mid-range restaurant costs around £15. Prices can vary depending on the type of restaurant.
Utilities The cost of utilities in Lyme Regis is relatively low. The average cost of electricity is around £50 per month, while the average cost of gas is around £30 per month. Prices can vary depending on usage.
Private School Tuition The cost of private school tuition in Lyme Regis varies depending on the school. The average cost of preschool tuition is around £2,000 per year, while the average cost of elementary school tuition is around £4,000 per year. The average cost of middle school tuition is around £6,000 per year, and the average cost of high school tuition is around £8,000 per year.

Monthly Budget for Retirees in Lyme Regis

"The cost of living in Lyme Regis, can be considered moderate compared to larger cities in the country. Housing prices tend to be relatively high, especially for properties with sea views or in the town center. However, rental prices are more affordable for those not looking to buy. Grocery prices are comparable to the national average, with a variety of supermarkets and local shops available for residents. Eating out at restaurants and cafes can range from budget-friendly to more expensive options, depending on the establishment. Transportation costs are reasonable, with local bus services connecting Lyme Regis to nearby towns and cities. Owning a car may be more convenient for those living in the area, but petrol prices can fluctuate. Utilities, such as electricity, gas, and water, are generally in line with the UK average, while council tax rates depend on the property's valuation band. Overall, the cost of living in Lyme Regis is manageable for those with a moderate income, but it may be more expensive than living in other smaller towns or rural areas in the UK," said one expat living in Lyme Regis.

Can I live in Lyme Regis on $1,500 a month?

"I've been living in Lyme Regis for a while now, and I can tell you that it's possible to live on $1,500 a month, but you'll have to make some sacrifices. First, you'll need to find a place to live that's affordable. The more central areas of Lyme Regis, like the town center and the seafront, can be quite expensive, so you might want to look for a place in the outskirts or in nearby towns like Charmouth or Axminster. These areas are more affordable and still within commuting distance.Next, you'll need to be mindful of your spending on groceries and eating out. Shopping at discount supermarkets like Aldi or Lidl can help you save on groceries, and cooking at home more often will also help you cut costs. Eating out in Lyme Regis can be pricey, especially in the more touristy areas, so try to limit that as much as possible.Transportation costs can also add up, so consider using public transport or walking whenever possible. If you need a car, look for a fuel-efficient model and try to carpool with coworkers or friends to save on petrol costs.As for entertainment, there are plenty of free or low-cost activities in and around Lyme Regis. You can enjoy the beautiful beaches, go for walks in the countryside, or visit local museums and galleries. However, you might have to cut back on more expensive hobbies or activities, like going to the cinema or attending concerts and events.In summary, living on $1,500 a month in Lyme Regis is doable, but you'll need to be mindful of your spending and make some sacrifices. Look for affordable housing in the outskirts or nearby towns, be frugal with groceries and eating out, and find low-cost or free entertainment options to make it work," commented an expat living in Lyme Regis.

Can I live in Lyme Regis on $3,500 a month?

"I've been living in Lyme Regis for a while now, and I can tell you that it's definitely possible to live comfortably on $3,000 a month, but you'll need to make some adjustments and sacrifices. First, you'll need to find a more affordable neighborhood to live in. I'd recommend looking for a place in the areas of Uplyme or Charmouth, as they tend to be more budget-friendly compared to the town center or the seafront, which can be quite expensive.When it comes to transportation, you might want to consider using public transport or even walking, as owning a car can be quite costly with fuel, insurance, and maintenance expenses. The town is small enough that you can get around easily on foot or by bus.As for groceries and dining out, you'll need to be mindful of your spending. Shopping at local markets and discount supermarkets like Aldi or Lidl can help you save on groceries. When eating out, try to stick to more affordable options like pubs or cafes, rather than high-end restaurants.In terms of entertainment and leisure activities, there are plenty of free or low-cost options in Lyme Regis. You can enjoy the beautiful beaches, take walks along the coastal paths, or visit the local museums and art galleries. However, you might need to cut back on more expensive activities like frequent trips to the cinema or attending live performances.Overall, living in Lyme Regis on $3,000 a month is doable, but you'll need to be mindful of your spending and make some sacrifices in terms of housing, transportation, and leisure activities. But with some careful planning and budgeting, you can still enjoy a comfortable lifestyle in this charming coastal town," said one expat living in Lyme Regis.

Can I live in Lyme Regis on $5,000 a month?

"I've been living in Lyme Regis for a while now, and I can tell you that it's definitely possible to live comfortably on $5,000 a month, even if you're used to modern amenities. However, there might be a few sacrifices you'll have to make to ensure you stay within your budget.Firstly, you'll want to avoid the more expensive neighborhoods like the area around Marine Parade and the Cobb. These areas tend to have higher rent prices and are more touristy, which can drive up the cost of living. Instead, consider looking for a place to live in the more affordable neighborhoods like Uplyme or Charmouth. These areas are still close to the town center and have a good mix of modern amenities, but the rent prices are generally more reasonable.One sacrifice you might have to make is downsizing your living space. Properties in Lyme Regis can be quite expensive, especially if you're looking for a larger home with all the modern amenities. You might have to settle for a smaller apartment or house, but you can still find some great options that are comfortable and well-maintained.Another thing to consider is transportation. Owning a car in Lyme Regis can be quite expensive, especially when you factor in the cost of insurance, fuel, and parking. You might want to consider using public transportation or walking to get around town, which can help you save money on transportation costs.When it comes to dining out and entertainment, you'll find that there are plenty of affordable options in Lyme Regis. There are a variety of pubs, cafes, and restaurants that offer reasonably priced meals, so you won't have to sacrifice your social life to stay within your budget. However, you might want to limit how often you eat out and opt for cooking at home more often to save money.Overall, living in Lyme Regis on $5,000 a month is definitely doable, but you'll need to be mindful of your spending and make a few sacrifices to ensure you stay within your budget. By choosing a more affordable neighborhood, downsizing your living space, and being conscious of your spending on transportation and dining out, you can enjoy a comfortable lifestyle in this charming coastal town," commented an expat living in Lyme Regis.

About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.


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