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Cardiff the costliest place to live

Your Money
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Your Money
Posted:
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17/08/2006

A YouGov poll has found that Cardiff is the most expensive place to live in the UK when income is taken into account, with 97% of the locals’ income being paid out on bills.

The next most expensive place is Edinburgh, with bills accounting for 93% of income, and Leeds coming in at the third spot with 88%.

“Although Londoners actually pay the most in terms of total amount – £1,338 per month – their income of £1,809 means that it is not as big a percentage of their income as people pay in many of our provincial cities,” said estate agent John Cornell.

“It’s a frightening thought really that the fourth most expensive place to live, once income is factored in, is Southampton (87%). Let’s hope the inhabitants feel they are getting value for their money.”
 


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