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At the time of writing, (August 2007), £1 sterling (100p) is roughly equal to $2.04 (US) $2.02 (Canada), $2.30 (Australia) and $2.67 (New Zealand). You can find out the latest rates by using an online currency converter: http://finance.yahoo.com/m3?u.The United Kingdom is a relatively expensive country in which to live.
To give you a rough idea, the table below shows a typical 'shopping basket'.
| Item | How much? |
|---|---|
| Litre of milk | 76p |
| Loaf of bread | 40p - 80p |
| 6 large eggs | £1.20 |
| 2 chicken breast | £4.50 |
| 500g margarine | 1.50p |
| 500g pasta | 60p |
| 100g coffee | £2.40 |
| 1kg apples | £1.30 |
| Glass of wine | £3.50 - £5.00 |
| Hair cut at a salon | £15 - £40.00 |