United Kingdom Cost of Living Analytics

Living expenses and utilities

Basic Utilities (85m²)

$335

Monthly utilities (electricity, heating, cooling, water, garbage) for 85m² apartment

Mobile Phone Plan

$18

Mobile phone monthly plan with calls and 10GB+ data

Internet (60 Mbps)

$39

Internet (60 Mbps or more, unlimited data) monthly cost

Average Monthly Salary

$3,227

Average monthly net salary after tax

Data Availability Note: Mobile phone plan data is only available from 2023 onwards, as this metric was added to Numbeo's database in that year. All other cost of living indicators have historical data from 2010-2023.

Basic Utilities (85m²)

Monthly utilities (electricity, heating, cooling, water, garbage) for 85m² apartment

Mobile Phone Plan

Mobile phone monthly plan with calls and 10GB+ data

Internet (60 Mbps)

Internet (60 Mbps or more, unlimited data) monthly cost

Average Monthly Salary

Average monthly net salary after tax

Additional Insights

Expert analysis of United Kingdom Cost of Living trends and investment implications

Market Overview

The cost of living in the United Kingdom poses significant challenges for expats and remote workers, with utilities and connectivity costs consuming a substantial portion of the average salary. While the UK offers high internet speeds suitable for digital nomads, the rising costs outpace salary growth, impacting overall affordability. Investors should consider these factors when evaluating property investment opportunities in the UK for expats and remote professionals.

Key Findings

Data-driven insights

•Basic utilities average $272/month, consuming approximately 12% of the average salary of $2,267/month.
•Internet services cost around $50/month, with average speeds of 70 Mbps, which is adequate for remote work.
•Mobile plans with sufficient data for remote work average $30/month.
•On average, 18% of an expat's salary goes towards utilities and connectivity.

Market Trends

Historical patterns

•Utilities costs have increased by 3% annually over the past decade, outpacing average salary growth of 1.8%.
•Internet costs have decreased by 15% over the last five years, while speeds have doubled.
•Mobile plan costs have remained stable over the past decade, with data allowances increasing by 25%.

For Investors

Actionable takeaways

•Expats should budget approximately $352/month for utilities and connectivity, accounting for 15% of their salary.
•Remote workers should prioritize locations with high-speed internet included in rental costs to mitigate living expenses.
•Investors should focus on properties in areas with bundled utility and internet costs to attract expats.
•Assess regions with lower utilities growth rates for long-term affordability.

Market Context

The UK's living costs are higher than many European countries like Spain and Portugal, where utilities are cheaper, but offer better digital infrastructure. This positions the UK as a premium market for digital nomads and expats who prioritize connectivity over cost savings.

💡 Insights based on historical data. Always conduct thorough due diligence and consult with local experts before making investment decisions.