What Is The Average Living Cost In UK?

Where is the cheapest place to buy a house in UK?

The 10 Cheapest Places to Buy a House in the UKNewcastle-Under-Lyme.Blackpool.Bradford.North Tyneside.Sandwell.Wakefield.Kirklees.East Riding of Yorkshire.More items….

Is 80k a good salary in London?

Yes, you should have a pretty decent lifestyle living in London’s suburbs on an income of £80,000 per annum. … Fact is, that’s getting on for twice the average income for many Londoners!

What is the most dangerous city in the UK?

Birmingham was followed by Leicester, Manchester, London and Sheffield as the most dangerous cities, according to the research. Bristol came second as the safest UK city, followed by Brighton and Hove, Southampton and Cambridge as the top five.

What is the cheapest city in UK?

CardiffAccording to the NatWest Student Living Index 2019, Cardiff is the UK’s cheapest student city. In second and third place are Bristol and Leicester.

How much does the average person spend per week UK?

High-level household spending. For the financial year ending (FYE) 2019 (April 2018 to March 2019), average household spending in the UK was £585.60 per week, a similar level to two years ago (582.40) after adjusting for inflation.

Is 40k a good salary in London?

You can afford to live comfortably in London on a Salary of £40,000 per year. However, it needs to be kept in mind and considered what you want out of living in London. It is a genuinely brilliant city. Professionally, there is nowhere I would rather be at this stage in my career.

Is 60k a good salary in London?

If you are young, single, and living in shared housing with other young, single people then £60k is a pretty decent income. If you are a family and your partner earns a similar amount then you’ll be able to afford a small-ish house somewhere out in the suburbs and live a comfortable-but-modest lifestyle.

What is the average living cost in London?

Average Cost of Living in London This is particularly true in London, where two-bedroom apartments in the city center cost a median of around $2,500 per month. Things get less expensive as you move away from the financial district, with prices dropping to as low as $1,400 per month.

How much does the average person spend on food per month UK?

What’s the average food bill per person UK? The average spend on food per person is £38.50 per week (£166.8 per month), including groceries and eating out. The average weekly food shop for 1 is £25.8 in the UK, plus we spend another £12.70 on eating out or ordering takeaways each week.

Is 30k a good salary in London?

30k in London is do-able. However this kind of salary level will only buy you a decent quality of life if you are sharing accommodation, or living right next to your workplace. Bottom line, if you’re only earning 30k in London, you have to hustle to survive, or else have some friends/family help you meet your expenses.

Which is the cheapest place to live in UK?

Shildon in County Durham is the most affordable town to live in Britain, according to our latest data. Our research compared average house prices throughout towns in Britain with average incomes* to discover where the most affordable homes are.

How much is rent in UK?

Rent: The average rent that you will pay in UK varies depending on where you live and the type of accommodation you have. A one-bedroom flat averages at £758 (~$1000 USD) per month if you’re in the city; £614 (~$810 USD) if you’re outside of the city.

What is middle class income in UK?

As of 2011 the established middle class had an average household income of £47,000 a year and owned a home worth an average of £177,000 with average savings of £26,000. Many were graduates, and a majority of their members work in the professions or management. Many originated from professional and managerial families.

Is 50k a good salary UK?

Generally though, that’s considered a pretty darn good salary for most people. The average salary is much lower but it depends on your age / type of job / area you are working. … In the north of the UK, £50k would be a pretty darn huge salary for someone. My general response would be: it’s a good salary.

Is 70 000 pounds a good salary in London?

Yes, it is pretty good. Effectively a 50% increase on your US Salary, although London is more expensive than Chicago in terms of food, clothes etc. Rent will be your biggest expense, and that varies by how far you are prepared to commute to the office. Less than 2.5% of UK household earn that much.

How much money does it cost to live in the UK?

According to data comparison website Expatistan, the average UK cost of living is: £2,249 per month for a single person; and. £3,803 per month for a family of four.

How much money do you need to live comfortably in UK?

The Ideal Salary for Living a Comfortable Life The national average yearly salary in the U.K. is around £27,000, which may seem like a fair amount of money, but, this is before tax and national insurance are deducted.

How can I reduce my food bill UK?

5 ways you could be cutting your grocery billTIP 1 Switch to own-brands. … TIP 2 Plan meals and portions carefully. … TIP 3 Work out if you’re really getting a good deal. … TIP 4 Check the temperature of your fridge. … TIP 5 Make better use of your freezer.