WITH the rising cost of living and bills in the UK, some families are seeking cheaper arrangements.
One Northern dad shared how his family has and they halved theirinstantly.
On his @northernfourontouraccount, he shared how nearly all the expenses for their family-of-four are £720 a month.
In a clip, he explained: “For those who don't know, we are a British family who sold everything we own in the UK, and we swapped it for a life of travel.
“We're currently staying in a place called Kapparis, which is on the outskirts of a city called Paralimni.
“It's extremely popular with holiday goers in the , and there's a massive expat community here as well.”;
The dad – who says he works remotely – then helpfully broke down the costs of living in their new home in Cyprus.
He said: “I'm gonna get to the cost, but I wanna tell you what's included first.
“So, all of our — so that's electric, gas, water, internet — all included in the price. “There's three pools, one for the kids, a gym, court, football court, parks... you name it, this resort has it!
“You also get the added bonus as well, obviously, that you get this glorious sunshine this time of year, beautiful clean streets, lovely houses, beautiful weather, lovely ocean.
“Cyprus has it all!
“And it's cost us a whopping — oh — £720 a month.
“What do you think? Back in the UK, we were paying way over double that price, and our quality of life was nowhere near the same.
“I'll let you decide, compared to the UK — is this better value for money or not?”;
He shared how they have signed up for a three-month lease and are also saving for retirement during their stay.
The dad concluded: “It’s amazing!
“We will have to go to cheaper places during high season but there are some cracking deals between end of September to mid May if you look hard enough!”;
House costs
As of 2024, the average monthly rent for a three-bedroom property in the UK was estimated to be between £1,500 and £1,800, depending on location and property type.
Rental prices vary significantly across different regions.
In London, for example, the average rent for new lets was £2,121 per month as of April 2024.
The average house price in the UK was approximately £268,000 in 2024, reflecting a 5.4 per cent annual increase from the previous year.
