Cheapest places to live in the UK

Whether you’re hoping to buy or rent your home, you probably know that there are cheaper and more expensive places to live. Many of us choose where we live due to family or work commitments. But if you’re in the position to live anywhere in the UK, then it’s really worth taking a look at the most affordable places and the cheapest places to live in the UK.

With the number of people working from home reaching an all-time high, more people than ever can take the pick of the crop when it comes to moving to more affordable cities.

The average house price in the UK

Covid had a lot to answer for when it came to house prices in the UK. They seemed to stall for a while before rocketing up, and we haven’t seen them drop yet! The average UK house price was £274,000 in January 2022, which is £24,000 higher than the same time the previous year. This figure is taken from the prices of sales over the past year. The location makes a huge difference to this though, with house prices in the South-East being notoriously high.

With the cost of living ever-increasing, and annual earnings struggling to catch up, if you can afford to up sticks and move somewhere cheaper, then your wallet may thank you for it.

What makes somewhere an affordable town or an affordable city?

When it comes to finding the best places to live a more cost-effective life, then there are a number of things to think about.

In order to give a true picture of the cheapest place to live in the UK, we need to look at a number of factors, from living costs through to the earnings ratio. It’s also important to remember that each individual area will have their own property hotspots. So, for example, there are areas in Liverpool where the average house price is as low as £105,000, but we’re taking a look at broader areas.

What are the top ten cheapest places to live in the UK?

  1. Grimsby
  2. Blackpool
  3. Middlesbrough
  4. Sunderland
  5. Bradford
  6. Hartlepool
  7. Hull
  8. Darlington
  9. Doncaster
  10. Liverpool

What’s the main thing that we can take away from this list of the cheapest places to live in the UK? They are mostly all in the Northern half of the United Kingdom. It’s long been said that house prices in the South of the UK are far more expensive than in the north, and this list definitely proves that theory. The South East in particular has a reputation for being extremely expensive, but even areas in the South West can cost a lot more on average to rent or buy a house.

Cheapest places to live in the UK

Over recent years, it’s become more important than ever for families to find affordable housing and the average home is now struggling to make ends meet, particularly with the prices of everyday living creeping up.

I’ve taken a closer look at the average cost to buy a house and the average rent in each of these ten areas, to give you a good idea of the kinds of prices you’re looking at when looking for the cheapest places to live in the UK.

Top 10 most affordable places to live in the UK

1. Grimsby

Grimsby is a port town in North East Lincolnshire. As well as being a popular seaside holiday destination for families, it’s also one of the cheapest places to buy a house in the whole of the United Kingdom.

Average Property Prices in Grimsby

The average price of a house in Grimsby is £139,720 making it the prime choice for first time buyers. In fact, the average cost of a mid-terraced house is £90,618, making it a great option for first time buyers and also for landlords and property investors hoping to attract international students.

The average monthly rent in Grimsby is £561 per calendar month.

Average Salary in Grimsby

The average earnings in Grimsby are £33,672.

2. Blackpool

Blackpool Tower

Blackpool is a well-loved seaside town in Lancashire in North West England. I’ve spent many a happy day out with the family in Blackpool. The iconic Blackpool tower, the sandy beaches and the popular Blackpool Pleasure Beach make it a popular choice for all ages. As well as being a popular holiday and day trip destination, it also makes the list as one of the cheapest places to live in the UK.

Average Property Prices in Blackpool

The average price of a house in Blackpool is £143,837.

The average monthly rent in Blackpool is £600 per calendar month.

Average Salary in Blackpool

The average earnings in the town of Blackpool are £30,700 per year.

3. Middlesbrough

Middlesbrough is a large town situated in the north of England in North Yorkshire. Often known as the capital of Teesside, Middlesbrough is well-known for its football club and the iconic Transporter Bridge.

Average Property Prices in Middlesbrough

The average price of a house in Middlesbrough is £146,355.

The average monthly rent in Middlesbrough is £627 per calendar month.

Average Salary in Middlesbrough

The average earnings in the town of Middlesbrough are £30,318 per year.

4. Sunderland

Sunderland

Sunderland is a port city in the borough of Tyne and Wear in North East England. It’s situated about 10 miles outside of the city of Newcastle, the closest of the big cities.

Average Property Prices in Sunderland

The average price of a house in Sunderland is £146,802.

The average monthly rent in Sunderland is £639 per calendar month.

Average Salary in Sunderland

The average earnings in Sunderland are £29,200 per year.

5. Bradford

Bradford is a city in West Yorkshire in the North of England. In recent years, Bradford has become more well-known as it has become the first UNESCO City of Film.

Average Property Prices in Bradford

The average price of a house in Bradford is £148,325.

The average monthly rent in Bradford is £619 per calendar month.

Average Salary in Bradford

The average earnings in the town of Bradford are £31,700.

6. Hartlepool

Hartlepool is a large port town in County Durham. County Durham features a few times in the list of the cheapest places to live in the UK, so it’s well worth looking into if you’re hoping to save some money and move somewhere more affordable.

Average Property Prices in Hartlepool

The average price of a house in Hartlepool is £151,685.

The average monthly rent in Hartlepool is £471 per calendar month.

Average Salary in Hartlepool

The average earnings in the town of Hartlepool are £31,702 per year.

7. Hull

Hull is situated in the East Riding of Yorkshire. Hull is well known for its white telephone boxes and the world-famous Humber Bridge.

Average Property Prices in Hull

The average price of a house in Hull is £154,007.

The average monthly rent in Hull is £616 per calendar month.

Average Salary in Hull

The average earnings in the town of Hull are £32,600 per year.

8. Darlington

Darlington is a large market town in County Durham.

Average Property Prices in Darlington

The average price of a house in Darlington is £158,307.

The average monthly rent in Darlington is £636 per calendar month.

Average Salary in Darlington

The average earnings in the town of Darlington are £33,000 per year.

9. Doncaster

Doncaster is a large minster town in South Yorkshire.

Average Property Prices in Doncaster

The average price of a house in Doncaster is £181,713.

The average monthly rent in Doncaster is £525 per calendar month.

Average Salary in Doncaster

The average earnings in the town of Doncaster are £32,900 per year.

10. Liverpool

Liverpool is a world-famous city situated in North West England. Looking at the figures here, it’s easy to think that Liverpool shouldn’t feature on this list, but Liverpool is widely known to have some of the cheapest properties on the market in deprived areas, which is why it features here.

Average Property Prices in Liverpool

The average price of a house in Liverpool is £201,341.

The average monthly rent in Liverpool is £893 per calendar month.

Average Salary in Liverpool

The average salary in the town of Liverpool is £32,586 per year.

Affordable housing UK

Other relatively low-cost options if you’re looking for the cheapest places to live in the UK are Northern Ireland, the East Midlands and the West Midlands, particularly for single people who may not have as large an income to use on buying a home.

Low cost of living versus quality of life – cheapest places to live in the UK

If money was no object, then the vast majority of us would choose desirable places when choosing where to set up home in the United Kingdom. All of us will differ when it comes to deciding what the most important factor is when choosing the ideal place for house shopping, but there are certain things that we are likely to look for.

  • Rural areas & green spaces
  • Safest places
  • Rich history
  • Life satisfaction
  • Good schools
  • Good transport links
  • Low crime rate
  • Easy access
  • Public transport links

Although money is always a motivating factor in choosing the kind of house and the area we are able to live in, it’s important to balance that out with choosing a great place to live in a local area you’ll be happy to stay in for the foreseeable future. Think about the kind of life you want to lead as well as taking your budget into consideration. Is city centre living right for you and if so are you flexible enough to move to the cheapest city you can find? Or is a more rural way of life better for you and your family?

If you are planning on buying any time in the future, then it’s really important to start thinking ahead and planning how much mortgage you’ll need to be able to obtain and how much money you need to get saved up.

I often think that I was very fortunate to have been born and raised in North West England. The cost of living here is far less than it is in the south of the UK, and property prices here make it far more achievable for people to become homeowners. However, that doesn’t mean it’s easy to get on the property ladder just because house prices are cheaper. In fact, I’ve shared before that it’s taken us a long time to be in a position to be able to buy the home we live in now, and we’ve worked incredibly hard to get there. It’s also worth bearing in mind that national statistics show that the average wages in the north are less than those of people doing the same job further south, so it is all relative really.