Posted June 08, 2014
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I'm asking these questions, because I know that it's very easy to overpay for the same things when you are in a foreign country on vacation, as a tourist usually doesn't know his/her way around like the locals do. For example, where I live, there are two restaurants about a block apart, one sells a steak dinner for 7 Euros, the other for closer to 20 Euros, guess which one you won't find tourist in and which one you very likely will. So, while prices might appear much more expensive, locals won't nessesary be paying that much more on many goods because they know where to go. The locals that you will find at the expensive places are usually those that do make more money then the majority.
That being said, I do not know how the prices for goods are in the UK right now, for all I know prices generally could differ that much between the UK and the US. However, I highly doubt that they really do differ that much ( not saying they won't differ a bit though) for the majority of goods when comparing similar regions with one another while leaving tourist drawing places out of the equation. Feel free to correct me if I'm wrong though ;)