💸 Can you afford a comfortable life in Paris? | Cost of living in 2023

00:02:01
https://www.youtube.com/watch?v=91_L25kw8Bc

Summary

TLDRIn 2023, living comfortably in Paris requires careful budgeting across four main categories: housing, food, transport, and lifestyle. Housing in desirable districts like the 4th and 9th costs about €1,300 for a one-bedroom apartment, totaling around €1,500 with bills. Grocery shopping at quality markets averages €400 monthly. Dining out can be expensive, with meals costing €20 at bistros and €50 at restaurants, leading to a potential €500 monthly expense if eating out twice a week. Transport via Metro is affordable, with a monthly pass costing around €80, bringing transport costs to about €150. Lifestyle expenses, including leisure activities, are estimated at €300. Overall, the average monthly cost of living in Paris is around €2,850, while the average salary is noted in the video.

Takeaways

  • 🏠 Housing costs around €1,500/month.
  • 🥛 Groceries average €400/month.
  • 🍽️ Dining out can reach €500/month.
  • 🚇 Transport costs about €150/month.
  • 🎉 Lifestyle expenses are around €300/month.
  • 💰 Total monthly cost is approximately €2,850.

Timeline

  • 00:00:00 - 00:02:01

    In 2023, living comfortably in Paris involves breaking down expenses into four main categories: housing, food, transport, and lifestyle. The best areas to live are the 4th and 9th districts, where a one-bedroom apartment costs around €1,300, leading to a total housing expense of approximately €1,500 when including bills. Grocery shopping at a typical supermarket like Monoprix can cost around €400 per month, while dining out can add another €500 if eating out twice a week. Transportation via the Metro is affordable, with a single ride costing €2.10 and a monthly pass around €80, totaling about €150 for transport. Lifestyle expenses, including enjoying Parisian culture and socializing, can amount to €300. Overall, the estimated monthly cost of living in Paris is around €2,850, while the average salary is noted for comparison.

Mind Map

Video Q&A

  • What is the average cost of housing in Paris?

    A one-bedroom apartment in desirable areas like the 4th and 9th districts costs around €1,300, with total housing expenses reaching about €1,500 including bills.

  • How much do groceries cost in Paris?

    For quality groceries, you can expect to spend around €400 per month.

  • What is the cost of dining out in Paris?

    A typical meal at a French bistro costs around €20, while dining at a restaurant can be about €50 per person. Going out twice a week could lead to a monthly expense of €500.

  • What are the transport costs in Paris?

    A single Metro ride costs €2.10, and a monthly pass is around €80, totaling about €150 per month when including occasional taxi rides and bike rentals.

  • What is the average lifestyle expense in Paris?

    Lifestyle expenses, including leisure activities and dining, can amount to around €300 per month.

  • What is the total estimated monthly cost of living in Paris?

    The total estimated monthly cost of living in Paris is approximately €2,850.

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  • 00:00:00
    can you afford to live a comfortable
  • 00:00:01
    life in Paris 2023 let's break it down
  • 00:00:04
    in four housing food transport and
  • 00:00:07
    lifestyle Paris is divided into 20
  • 00:00:09
    sections the best section to live in is
  • 00:00:11
    fourth and Ninth the one-bedroom
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    apartment will be around €1,300 in those
  • 00:00:16
    areas add bills on top and we will end
  • 00:00:18
    up with ,500 for housing a typical
  • 00:00:21
    supermarket in Paris is monoi where a
  • 00:00:23
    liter of milk is 1119 six eggs are 349
  • 00:00:27
    500 G of chicken 715 but if you are a
  • 00:00:30
    real Persian you will go to the market
  • 00:00:33
    and here the prices are much higher but
  • 00:00:35
    so is the quality so for a mix of
  • 00:00:37
    quality groceries you need around €400
  • 00:00:40
    per month Paris is known for its food
  • 00:00:43
    culture and you won't get around the
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    amazing bakeries coffee cant and P cha
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    in the morning which can be1 a month a
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    typical meal in the French B like this
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    will cost you around €20 with a drink
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    and in a restaurant it could cost you 50
  • 00:01:00
    per person if you go out twice a week
  • 00:01:02
    you could end up spending €500 per month
  • 00:01:05
    when it comes to transport the Metro can
  • 00:01:08
    get you everywhere single ride is
  • 00:01:10
    €210 and a monthly pass is around €80
  • 00:01:14
    combine this with occasional taxi rides
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    rental bikes or the Parisian classic L
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    scooter adding all of that together
  • 00:01:21
    could cost you around €150 per month
  • 00:01:24
    talking about lifestyle Paris has
  • 00:01:26
    incredible museums it has beautiful par
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    parks where you can meet your friends
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    and drink some Rosé drink more Rosé on
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    the teras drink Rosé by the river drink
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    Rosé in the cafe and finally drink some
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    water because you drank too much Rosé
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    Jokes Aside that wasn't a joke but
  • 00:01:42
    during the day you could enjoy yourself
  • 00:01:44
    with a petite coffee PE Cafe PE Cafe was
  • 00:01:49
    this correct exactly at €300 for
  • 00:01:51
    lifestyle and you will end up paying
  • 00:01:54
    2,850 per month average salary is in the
  • 00:01:56
    caption and follow me for the next city
  • 00:01:58
    which is going to be new York
Tags
  • Paris
  • cost of living
  • housing
  • food
  • transport
  • lifestyle
  • 2023
  • expenses
  • budgeting
  • average salary