You are here: Home - Household Bills - News -

British workers spend 492 days of their lives travelling to work

0
Written by: Emma Lunn
06/09/2019
Commuting costs the typical commuter £37,399 over a lifetime, according to Lloyds Bank.

Workers in the UK spend more than10 days (251 hours) travelling to and from work every year, at a typical annual cost of £795.72, according Lloyds Bank’s “How Britain Lives” study.

The UK-wide analysis, conducted in partnership with YouGov, found that despite the time and expense, almost half of workers (47 per cent) like their commute and one in 20 (7 per cent) go as far as to say they love their journey into work.

However, a third (36 per cent), of workers dislike their commute with one in five (21 per cent) saying it has become less reliable over the past five years, and a third (33 per cent) claiming it is more crowded than half a decade ago.

Londoners have the longest commute

With an average daily commute of 84 minutes, people living in London experience the longest journey to and from work in the UK, almost double that of those living in the East Midlands (49 minutes) or Wales (52 minutes).

Those living in the South East (75 minutes) and the East of England (69 minutes) also face higher-than-average commuting times.

The cost of commuting

The average UK workers spends £66.31 a month travelling to and from work.

Those living in the East of England, in areas such as Cambridge, Norwich and Peterborough, fork out the most with an average of £78.93 a month, totalling £947.16 a year.

Londoners spend an average of £76.49 on their commute every month (£917.88 a year), while workers in the South East spend £75.77 a month (£909.24 a year).

Workers in the East Midlands, living in cities such as Derby, Leicester and Nottingham, spend the least time and money commuting, paying £45.51 each month (£546.12 a year) with a typical daily journey of 49 minutes.

Workers in this region are the happiest commuters in the UK, with just 19 per cent saying they dislike their journey to and from work.

Driving is the most popular way to travel

The car is the most used mode of transport for commuting, with 57 per cent of British workers travelling to work in this way.

Almost a third (31 per cent) walk to work, one in five (20 per cent) take the bus, 18 per cent use the train, and just 6 per cent choose to cycle.

Londoners are the most likely to travel on public transport (51 per cent) or on foot (45 per cent), while those in the West Midlands are most likely to commute by car (76 per cent).

Younger commuters aged 18 to 24 are the most likely to use public transport (56 per cent) or walk to work (43 per cent), while those aged over 55 are the most likely to drive (63 per cent).

Miles Ravenhill, director at Lloyds Bank, said: “Commuters in the UK are spending almost £800 a year on their journey to and from work – the equivalent of a city break to sunny Europe. While many may dream of rolling out of bed and straight into the office, the daily commute is the perfect opportunity to invest in yourself, whether that’s keeping up with the latest news, unwinding to a podcast or relaxing to some music.”

Related Posts

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Coronavirus and your finances: what help can you get?

News and updates on everything to do with coronavirus and your personal finances.

Everything you need to know about being furloughed

If you’ve been ‘furloughed’ by your company, here’s what it means…

The savings accounts paying the most interest

If one of your jobs this month is to get your finances in order, moving your savings to a higher paying deal i...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

  • More than one in 10 Brits have fallen victim to a #coronavirus-related #scam over the past two months, research sho… https://t.co/iZ3U6ppvhp
  • "The government needs to support the removal of non-ACM cladding from buildings that are under 18 metres as well,"… https://t.co/WW5ONNqBdH
  • RT @DASLegalUK: The nation has turned to online shopping, but what are our retail rights if we face issues with delivery, faulty items, ret…

Read previous post:
Mortgage help for zero hours workers

HSBC is relaxing its criteria for zero hours contract workers looking to get on to, or move up, the property...

Close