France has a higher cost of living, as compared to other countries in Europe. However, the main cause for this high cost of living is due to Paris — with the cost of living in Paris being 9% higher than the rest of France.
Knowing more about the cost of living in the particular country you are going to reside in can help you plan your monthly costs better. If you are considering moving to France, read on to find out what the cost of living in France is.
The main currency in France is Euros (€). Some exchange rates include:
- €1 = USD$1.20
- €1 = GBP£0.87
Note that your cost of living in France will depend on where you live in the country and your lifestyle you intend to live.
Paris is one of the most popular cities to live in France, thus many expats tend to reside there. This city is ranked one of the most expensive cities to live in — more expensive than Amsterdam and Brussels.
Rent in France is expensive and you should be prepared to spend at least 50% of your pay on rent alone. Of course, the cost of rent will depend on which part of France you reside in. Rent in cities such as Paris and Lyon tend to be much higher as compared to living in the suburbs.
A one-bedroom apartment in Paris can cost an average of €1,400. While in the Parisian suburbs, the cost of rent can be as low as €550 a month for a one-bedroom apartment.
Utility costs in France can cost around €140 a month per person, depending on which part of France you reside in. These basic utilities include water, heating and electricity.
The amount you spend on groceries can vary depending on which grocery store you choose. Speciality stores tend to be pricier than other stores. On average, you can put aside around €300 a month per person on groceries in France.
If you are living on a budget, you can opt for local produce, which is cheaper due to no importation prices. Here are some average costs of common produce:
- Rice – €1.70
- Bread – €1.80
- Cheese – €3
- Chicken breast – €7
- Milk – €1
- Whiskey – €15
The cost of dining out in France also depends on your lifestyle. There are many different cafes and restaurants in France to choose from, varying in price. On average, a 3-course meal for one at a mid-range restaurant can cost an average of €30.
France has an extensive public transport service, allowing you to travel between cities and towns quickly and conveniently. Transportation in France varies, depending on where you are and where you are going.
The most common form of transportation in France is the bus. These local buses travels both locally and regionally, connecting the different villages together. Bus tickets are available for single and multiple journey trips.
Their metro system is also efficient in most cities, including Rennes, Lyon and Lille. Similar to the buses in France, metro tickets are available for both single and multiple journey trips.
An average monthly travel pass can cost around €75 in bigger cities while €30 in smaller cities. This monthly travel pass can be helpful, especially if you intend on travelling around France everyday. One way tickets in Paris can cost €1.90.
Healthcare in France is heavily subsidized by the French government under their hybrid system. They cover roughly 70% of healthcare expenses. The remaining costs for healthcare depends on which system you opt for and your medical history.
While it is heavily subsidized, it is recommended to get a healthcare insurance plan, in case of emergencies.
Living in France may be costly, however, this depends on your lifestyle choices. If you intend to live in France on a budget, there are some changes you can make to lower your cost of living — such as buying more local produce and living in the suburbs.