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

Oxford is a moderately expensive city to live in or visit, with prices comparable to other major cities in the United Kingdom.

Quick Facts

Cost LevelModerate
Daily Budget (Backpacker)$60-100 USD
Daily Budget (Mid-Range)$120-200 USD
Daily Budget (Comfort)$250-400 USD
CurrencyGBP
Tipping Customnot expected, but 10-15% in restaurants and bars

How Expensive Is Oxford?

Oxford is a city in the United Kingdom known for its prestigious university and high standard of living, which contributes to its moderate to high cost of living. Compared to other major cities in the UK, such as London, Oxford is slightly more affordable, but still more expensive than many other cities in the country. The cost of living in Oxford is driven by factors such as housing, food, and transportation, which can be relatively high. However, the city's unique cultural and academic attractions, as well as its proximity to London, make it an attractive destination for tourists and students alike.

In terms of global averages, Oxford is more expensive than many cities in Europe, but less expensive than some of the major cities in Western Europe, such as Paris or Zurich. The city's cost of living is also influenced by its popularity among tourists, which can drive up prices for accommodations and other services during peak travel seasons.

Accommodation Prices

TypePrice Range (USD/night)Notes
Hostel/Budget$30-60shared rooms and basic amenities
Mid-Range Hotel$100-2003-4 star hotels with standard amenities
Luxury/Resort$250-5005 star hotels with high-end amenities
Apartment Rent (monthly)$1,200-2,500city center vs outside, with prices varying depending on location and amenities

Food & Dining Prices

Meal TypePrice 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$3-5
Water (1.5L bottle)$2-3

Transport Costs

TransportCost (USD)
Local bus/metro ride$2-3
Taxi (per km)$2-3
Domestic flight$50-100
Fuel (per liter)$1.50-2.50

Monthly Budget Breakdown

CategoryBudget ($)Mid-Range ($)Comfortable ($)
Rent8001,2002,000
Food5008001,200
Transport100200300
Utilities150250350
Entertainment200400600
Total1,7502,9504,450

Money-Saving Tips

  • Consider staying in a hostel or budget hotel to save on accommodation costs
  • Eat at local eateries or street food stalls instead of mid-range restaurants
  • Use public transportation instead of taxis to get around the city
  • Take advantage of free attractions and events in Oxford, such as the Ashmolean Museum and the Oxford University Parks
  • Shop at local markets or supermarkets instead of convenience stores to save on food and other essentials
  • Look for discounts or promotions on activities and attractions, such as the Oxford Castle and Prison or the Bodleian Library