Cost of living in Jersey
If you're considering moving to Jersey, researching the cost of living is a good idea before you move so you're prepared.
Cost of living in Jersey can be high compared to other countries, although salaries are often comparably higher too. You can view on the Numbeo website how much it costs to live in Jersey compared to where you live now.
Cost of taxes and Social Security contributions
The cost of personal income tax rate is a maximum of 20%. This rate also applies to the tax adjusted profits of sole traders and partnerships. There are no higher rate bands, capital gains tax or inheritance tax.
Calculate your tax instalments.
If you’re employed, Social Security contributions (the Jersey equivalent of National Insurance) are payable at 6% of your gross wage. If you’re self-employed, your Social Security contributions are payable at a maximum of £760.13 per month.
You don’t have to pay VAT on goods and services in Jersey. This can make some purchases cheaper when you buy them in Jersey. You can sometimes get your VAT refunded from some online retailers when they’re delivering an item to Jersey.
Although exempt from VAT, islanders do have to pay a Goods and Services Tax (GST). GST is a tax on sales of goods and services in Jersey. GST is charged at 5% on the majority of goods and services supplied in Jersey for local use, including imports.
Rates (similar to council tax) are determined by the parish you live in and the size of the property that you live in. You can find out more about Rates and how they are calculated from your parish website. They are paid in October of each year.
Cost of accommodation
Whilst Jersey is a desirable place to live, the island is 45sq miles and space is a premium. Cost of accommodation can be higher compared to other countries. This is due to limited space and rising house prices. This is also a contributing factor to the island's higher inflation rate.
Most people moving to Jersey won’t be able to buy a property. You can only buy a property in Jersey if your
residential status is 'Entitled' (you’ve lived in Jersey for 10 years) or 'Licensed' (you are an essential employee in the island).
Property prices in Jersey are high compared with a lot of other countries. Based on the latest available figures from 2018, an average 1 bedroom flat costs around £238,000 and a 3 bedroom house costs around £580,000.
High property prices mean that rental costs are also high. For 'Qualified' properties (for people with 'Entitled' or 'Licensed' status), the average advertised rental price for a 1 bedroom flat is around £1,000 per month, and the majority of rentals advertised are in the price range of £800 to £1,200 per month.
For 'Registered' properties (for people with 'Registered' and 'Entitled' for Work status), the average monthly rental is generally more expensive as there are fewer 'Registered' properties available. The average advertised price range for a 1 bedrooms flat is around £1,000 to £1,500 per month, all depending on the quality of the accommodation.
In addition to rent, you’ll also have to factor in the cost of rates. These are similar to council tax, although council tax is much higher than rates. You also need to consider the cost of utility bills and travel / transport.
Individuals willing to live in shared accommodation can reduce rental charges.
Moving to Jersey: accommodation
Cost of food
The island offers a variety of supermarkets which cater for different budgets and offer good quality products. The estimated average weekly food shop on food & non-alcoholic drinks for two people is around £92.
You can also buy good quality farm produce from a number of farm shops and our
town markets which sell a wide range of produce and crafts or you can relax and enjoy the atmosphere in one of the cafés.
Jersey has an excellent range of restaurants, cafés, pubs and bars that serve quality food at a reasonable price. If you want a meal in the mid range price bracket, expect to pay around £30 to 40 per person for a nice meal with a glass of wine or beer. For fine dining, expect to pay closer to £50 to £60 per person.
Eating in Jersey
Cost of travel around and off the island
The cost of travelling on and off the island can vary depending on when you travel and how far in advance you book. Travelling at peak times, such as school holidays and weekends can be expensive.
The cost of getting off the island needs to be factored in when planning trips away. There are several airline companies that fly to and from Jersey to various locations. Tickets are often much cheaper if booked in advance.
For sea travel, ferry prices can vary depending on if you’re travelling with or without a vehicle. If you’re travelling as a foot passenger only, travelling by ferry is generally cheaper than flying.
Jersey has a good bus service with bus routes running throughout the island. Adult bus fares are £2.20 for cash and £2.00 contactless for single fares but you can also buy an Avanchicard which reduces the cost. A child fare is £1 but if your child is under 5 they travel free.
Public taxis are meter controlled with an average fare from the airport to St Helier costing around £12 to £13 and pre-booked £16.
If you own a car, fuel costs are less than the UK and road tax is included in the fuel price.
The price for petrol per litre varies between £0.99 to £1.13 per litre for unleaded and £1.06 to £1.21 per litre for diesel.
Fuel watch Jersey
Parking in town costs around £0.82 per hour, but you can pay £132.40 per month for a season ticket which can be used in designated long stay car parks.
The cheapest way to travel around Jersey is by bike. Jersey has a great network of routes for cyclists and many cycle shops to hire or buy bikes.
Cycling routes in Jersey
Moving to Jersey: Travel and transport
Cost of utilities
Similar to the UK and other countries, the cost of utilities increases year on year. There's one electricity supplier, gas supplier and water supplier. Unfortunately, you can’t have a dual fuel option to reduce utility bills compared to the UK.
Jersey Electricity charges
Jersey Gas charges
Jersey Water charges
In terms of mobile, telephone and broadband costs, there are three main providers on the island:
- Airtel Vodafone
It’s best to research offers and deals and choose a plan that suits your budget. Expect to pay between £30 to £60 for a full broadband / mobile package.
For home entertainment the costs can vary but are similar to the UK. Satellite TV in the island is provided by Sky, and cost depends on what channel packages you choose to have. Other options for TV channels without satellite are available but require a broadband connection.
Cost of childcare and nurseries
As like many places, childcare costs can be high and finding the right care for your child can be expensive. For children under nursery age (0 to 3 years old), private childcare is available from a number of providers. You can choose from regulated day care nurseries, play care centres, or accredited nannies.
If you do pay for child care with a registered provider, you can
claim tax relief against your childcare costs.
Your child can get up to 20 free hours per week of Government funded nursery education in the school year that they turn four years old. These free hours are term time only (over 38 weeks) and start from the beginning of the school year (September). You can apply for a
free place at a Government primary school nursery or in a NEF registered nursery in the private or voluntary sector.
You can find a full list of NEF registered nurseries and child care providers on the
Jersey Child Care Trust website.
Cost of education
Jersey has over 20 non fee paying Government primary schools and 5 non fee paying Government secondary schools. In addition to these non fee paying schools, there are several private (fee paying)
schools on the island. Fees for these vary from school to school.
Means tested student finance is available for students wishing to study higher education but they must have been living in the island for a certain period of time to apply.
How student finance is calculated