Here at NetVoucherCodes.co.uk, we were curious to see if living in the UK if good value for money.
As chat always seems to surround how expensive things are, we wanted to delve deeper into what bargains Brits can pick up.
Our research experts looked at the price of essential goods in the US and Asia and compared what they would cost here.
Us Brits get good value for money on some foods, cars and over the counter medications without even realising it.
Overall things in the UK are well priced in comparison to the rest of the world.
However, it is really easy to focus on what is overpriced, or what we think we are paying over the odds for.
When you look at the prices of things, such as groceries, fresh fruit and veg we get a lot better value for money, especially when comparing prices in places like the US and Asia.
The average price of a loaf of bread among most of the UK’s leading supermarkets comes to around 80p.
However, in the US the price is an extortionate £3 on average. The price in Asia is slightly lower, costing around £2.
Groceries and fresh foods are generally cheaper in the UK with all of the food items from the data being priced higher in the US and Asia.
One of the most expensive food items is chicken breast.
Consumers in the US will be paying around £8, whereas the same amount of meat can be sourced for £5 in Asia and £3 in the UK.
The cheapest item on the list is water – shoppers in the UK can pick up a bottle for around 37p. This almost doubles in Asia.
Americans will be paying more to quench their thirst as the average price of a bottle of water is £1.52.
The housing market is a slightly different story, but still shows a massive gap in prices.
The US has better value for money for house inhabitants. The average price of a home is around £216,000.
The UK falls to second place with a house of the same size costing £265,000 on average. The Asian housing market is the most expensive, with a similar build costing a whopping £686,000.
So… it turns out the UK isn’t so bad after all!
The Full Data
Planning a festive getaway this December? To help you out, we’ve calculated the costs of a one-night stay at six of the UK’s most popular Christmas markets. As the festive season kicks in, thousands across the UK get in the Christmas spirit by visiting Christmas markets located all around the country. From tasty German bites […]
Are you on the hunt for some mega deals this Black Friday? Read our guide to find the top products to look out for. Black Friday is prime time to get huge discounts on big-ticket items you’ve been eyeing all year. With the holiday season right around the corner, it’s also the ideal chance to […]
Halloween is almost here and it’s time to make the most of the chills and thrills that come with the spooky season. Whether you’re planning a low-key fright fest or gearing up for a ghoulish celebration, we’ve got the ultimate Halloween shopping guide to help you prepare. From spine-tingling costumes to creepy party essentials, you […]
We’re barely through October, and already the ‘C-word’ is sneaking its way into office chit chat and radio jingles. Shops are decked out with trinkets & chocolates, and it’s starting to feel suspiciously nippy outside. In a nutshell, Christmas is creeping its way in, whether we like it or not! And if you’re toying with […]
Discover the secrets to a hassle-free and budget-friendly journey by sidestepping unexpected airline charges. Finding a great deal on a flight can be so exciting! However, it’s not uncommon to encounter additional charges that can somewhat dampen the initial joy. Fortunately, with a bit of preparation and insight, you can navigate around these extra charges […]
Are you always on the lookout for budget tech buys? Or, maybe you’re tired of spending heaps on the latest devices? In this cost-effective gadgets guide, we’ve uncovered all of the savings you could make by investing in older models. Getting your hands on the newest tech releases can be costly, which is why buying […]
If you’re desperate for a break from the conventional path of studies, a gap year is the perfect way to open a world of new opportunities! Studying abroad is an exciting way to discover work experiences like no other and develop life skills that are sure to put you in good stead in the future. […]
If you’re tired of spending a small fortune on your weekly food shop, it’s time to consider the money-saving hack of bulk buying! 1. Look out for Dried Items Dry foods are the ultimate product to stock up on! They have a long shelf life, meaning you can load up on them when they’re on […]
Kit the kids out with uniforms & school supplies on a budget using our complete back-to-school guide. Another school year is soon to commence, and one thing on every parent’s mind this summer is school uniform – and more precisely, where’s the cheapest place for it? And with more and more of us looking to […]
If you’re approaching graduation and panicking about what to do next, don’t fret. We’ve put together some ideas of how you can plan ahead for life after finishing university. It’s that time of the year again – graduation season! As you bid farewell to your university days, it’s natural to start contemplating what lies ahead. […]