Guest Posted March 24, 2016 Share Posted March 24, 2016 I thought this might be of interest to those MBTTUK but not sure where to head. The article is from the Scotman so has a Scottish bias but the data is UK wide and comes from research done by Capgemini. It certainly fits with my experience of being far better off financially in Edinburgh compared to London. DISPOSABLE INCOME Edinburgh tops the list for average monthly disposable income - when all other costs are deducted - with a whopping £811 while Glasgow comes in at £481. Citizens of Birmingham were the worst off out of all the cities surveyed, retaining only £247 of income once bills and lifestyle costs had been accounted for. However money isn’t everything when deciding where to live. Hogson-Abbott said: “ There are, of course, other factors to take into consideration. “Unemployment levels in each city; the distribution of wealth in London and the immeasurable value of living in a city you love.” The breakdown of disposable income by city was: Birmingham - £247 Coventry - £253 Leicester - £262 Nottingham - £268 Manchester - £273 Cambridge - £294 Bristol - £326 London - £328 Liverpool - £364 Oxford - £427 Leeds - £479 GLASGOW - £481 Sunderland - £537 Bradford - £560 Belfast - £583 Sheffield - £594 Cardiff - £625 EDINBURGH - £811 Read more: http://www.scotsman.com/glasgow/edinburgh-vs-glasgow-where-s-cheaper-to-live-1-4025097#ixzz43pOgoxE0 Link to comment Share on other sites More sharing options...
bristolman Posted March 24, 2016 Share Posted March 24, 2016 Almost all of those figures seem pretty low, that is after everything else has been deducted ? Link to comment Share on other sites More sharing options...
Guest Posted March 24, 2016 Share Posted March 24, 2016 Almost all of those figures seem pretty low, that is after everything else has been deducted ? Yes, it's in the link what's taken out, even takes out things like gym membership so it really is 'disposable' income - i.e. what's left after paying for 'essentials' at the price you would pay in those cities. None of these surveys are perfect, and everyone's lifestyle is different of course. Link to comment Share on other sites More sharing options...
Que Sera Sera Posted March 24, 2016 Share Posted March 24, 2016 Doesn't surprise where Bristol is to be honest, it's not a cheap city to live in anymore. Link to comment Share on other sites More sharing options...
Guest xmas lights Posted March 24, 2016 Share Posted March 24, 2016 Is this daily disposable income? Link to comment Share on other sites More sharing options...
bristolman Posted March 24, 2016 Share Posted March 24, 2016 Is this daily disposable income? Are you asking whether in Edinburgh they have in excess of £800 a day disposable income I would have to say no lol Link to comment Share on other sites More sharing options...
CiderDrinkingCoder Posted March 24, 2016 Share Posted March 24, 2016 Doesn't surprise me about Bristol. Happily lived here for 8 years - but without a mortgage and on a City salary. There's a phenomenal amount of poverty around the West Country, and the situation is such now that young couples are outbidding each other on *rent* for flats. With prices the way they are for property, the majority around here will be for mortgage or rental payments, I dare say. Silly old world, isn't it? Link to comment Share on other sites More sharing options...
Guest Posted March 24, 2016 Share Posted March 24, 2016 Looking at the other charts in the link Bristol is the 4th most expensive city to live (behind London, Oxford & Cambridge) basic living cost is £1050 a month and rent for a 1 bed flat is £800 of that! Link to comment Share on other sites More sharing options...
caramac Posted March 24, 2016 Share Posted March 24, 2016 Our middle daughter is at Bristol uni and her costs are pretty comparable with her sister's in London, except for travel (she walks or cycles most places). She shares a four bed flat with three other girls and we pay £500pcm for that. The older one lives in Collier's Wood in a house share and shares a room with her boyfriend which costs us £300pcm (half the cost of the tiny room). They both have a cleaner included in the rent, and the older one has everything included, but the middle one has her bills on top of hers. I wish they'd both chosen universities in the north! I went to stay with my friend in London last week. She rents a tiny one bedroom flat in St Katharine's Dock from a friend. Even at 'mate's rates' it's more expensive than our six bed house in Northumberland which has easy access to Newcastle and Durham. It's a gorgeous flat, but how does anyone on an average salary manage to live down there? Link to comment Share on other sites More sharing options...
srh82 Posted March 24, 2016 Share Posted March 24, 2016 These numbers look far too low. Link to comment Share on other sites More sharing options...
bell123321 Posted March 24, 2016 Share Posted March 24, 2016 The Leeds figure seems about right though I now have more disposable then I did in Leeds and I now live in the south east (our incomes are higher and we have a lot less debt then we used to have). The Leicester one looks really low though my friend has a lot more spare then that including paying a mortgage with a below average salary her partner earns slightly higher then average salary. Also my cousin in Edinburgh is really skint as she pays high in rent and her disposable is more like £200. Link to comment Share on other sites More sharing options...
Life on easy street Posted March 25, 2016 Share Posted March 25, 2016 The low figure for nottingham does not surprise me at all I have less disposable income than when I was living in Buckinghamshire with a mortgage Than I do mortgage / rent free in Nottinghamshire. Nottinghamshire is a low wage economy unless you are lucky enough to work for an employer with nationally agreed wages. Found this a few months ago never realized that so many people are paid below a living wage The number of people who are paid below a living wage. http://www.manchestereveningnews.co.uk/news/greater-manchester-news/revealed-quarter-million-greater-manchester-10245215 Link to comment Share on other sites More sharing options...
Guest Posted March 25, 2016 Share Posted March 25, 2016 Crikey how depressing for the average person. Not surprised though, a lot of people always seemed to be living pay to pay. Noticeable the difference between the haves and the have nots. Link to comment Share on other sites More sharing options...
bristolman Posted March 25, 2016 Share Posted March 25, 2016 Crikey how depressing for the average person. Not surprised though, a lot of people always seemed to be living pay to pay. Noticeable the difference between the haves and the have nots. Yes we knew a few like that where we used to live, as you say just living pay to pay. It does make you feel fortunate though. Link to comment Share on other sites More sharing options...
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