🇬🇧 Cost of Living in Liverpool - Prices & Budget Guide
Last updated: March 2026
Economic Indicators
GDP per Capita (PPP)$62,009 (2024)
Inflation Rate3.3% (2024)
Health Spend per Capita$5,860 (2024)
Out-of-Pocket Health Spend14.6% (2024)
Education Spend (% GDP)5.9% (2021)
Source: World Bank Open Data
Liverpool is a moderately priced city to live in or visit, with a cost of living that is slightly lower than the UK average, making it an attractive destination for tourists and expats alike.
Quick Facts
Cost LevelAffordable
Daily Budget (Backpacker)$60-80 USD
Daily Budget (Mid-Range)$100-150 USD
Daily Budget (Comfort)$200-300 USD
CurrencyGBP
Tipping Customnot expected
How Expensive Is Liverpool?
Liverpool is a city located in the northwest of England, and its cost of living is relatively moderate compared to other major cities in the UK. The city has a rich history, cultural attractions, and a vibrant nightlife, making it a popular destination for tourists. Compared to other European cities, Liverpool is relatively affordable, with prices for accommodation, food, and transportation being lower than in cities like London or Paris. However, prices can vary depending on the time of year, with summer being the peak tourist season and winter being the low season.
In terms of global averages, Liverpool's cost of living is higher than in many cities in Asia or Latin America, but lower than in many cities in North America or Western Europe. The city's cost of living is also influenced by its proximity to the UK's industrial and economic hubs, which can drive up prices for certain goods and services. Overall, Liverpool is a great destination for travelers looking for a mix of culture, history, and entertainment without breaking the bank.
Accommodation Prices
Type
Price Range (USD/night)
Notes
Hostel/Budget
$20-40
typical quality, shared rooms and bathrooms
Mid-Range Hotel
$80-150
what to expect, private rooms and bathrooms, basic amenities
Luxury/Resort
$200-400
what to expect, high-end amenities, city center location
Apartment Rent (monthly)
$800-1,500
city center vs outside, 1-2 bedrooms, furnished
Food & Dining Prices
Meal Type
Price Range (USD)
Street Food / Local Eatery
$10-15
Casual Restaurant
$20-30
Mid-Range Restaurant (2 people)
$50-80
Fine Dining
$100-200
Beer (local)
$5-7
Coffee
$2-4
Water (1.5L bottle)
$1-2
Transport Costs
Transport
Cost (USD)
Local bus/metro ride
$2-3
Taxi (per km)
$2-5
Domestic flight
$50-100
Fuel (per liter)
$1.50-2.50
Monthly Budget Breakdown
Category
Budget ($)
Mid-Range ($)
Comfortable ($)
Rent
800
1,200
2,000
Food
300
500
800
Transport
100
200
300
Utilities
100
150
250
Entertainment
200
300
500
Total
1,500
2,450
4,250
Money-Saving Tips
Consider visiting during the off-season (October to March) to save on accommodation and tourist attractions.
Take advantage of Liverpool's public transportation system, which includes buses and trains, to get around the city.
Eat at local eateries and pubs, which offer affordable and delicious food options.
Explore the city's many free museums and galleries, such as the Liverpool Museum and the Walker Art Gallery.
Look for discounts and promotions on attraction tickets and tours, which can be found on the city's tourism website or at local tourist information offices.
Consider staying in a hostel or budget hotel, which can be a more affordable option than a mid-range or luxury hotel.