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Disposable income in the UK: What's left over after living costs?

finder.com · 2,168 words · saved by 1 readers

It’s no secret that prices and salaries vary widely across the UK, and with the cost of living increasing, many Brits are likely to resort to measures such as cost-cutting and taking advantage of financial offers like bank switching deals. Which cities are the best to live in if you want to benefit from the highest disposable income? The average British adult living in a UK city has £782 a month in disposable income after paying taxes, bills and necessary living costs. This is £84 less a month (or £1,007 less a year) compared to 2022, when the average was £866. We studied the income and the cost of living in 41 cities around the UK to find out which cities have the most and least money to spare. For this analysis, disposable income means the money left over after paying for essentials, including taxes, bills and recurring monthly living costs. 1. Colchester, £1,198 2. Doncaster, £1,068 3. Milton Keynes, £1,053.03 4. Coventry, £990 5. Aberdeen, £982.25 1. Nottingham, £482 2. London, £50

Disposable income in the UK: What's left over after living costs? Advertiser disclosure Disposable income in the UK: What’s left over after living costs? Which cities in the UK have the highest and lowest living costs? By Written by Matthew Boyle Publisher Matthew Boyle is a banking and mortgages publisher at Finder. He has a 7-year history of publishing helpful guides to assist consumers in making better decisions. In his spare time, you will find him walking in the Norfolk countryside admiring the local wildlife. Read full profile Matthew's expertise: Helping first-time buyers app

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