BUSINESS NEWS
ARE SINGLE OCCUPANTS BEING PRICED OUT OF THE BATH MARKET ?
A report commissioned by chartered surveyors Stokemont has highlighted Bath as the second most expensive city for single occupants in the UK .
According to the data , Bath ’ s estimated monthly living cost of £ 2,266 is second only to London , where the estimated monthly cost of living for a single person is £ 3,075 .
Against a backdrop of high food and fuel costs , the highest interest rates for 15 years and increasing inflation , the report highlights the real struggle facing single occupants across the city .
With living costs in the UK not expected to return to their 2021 levels until 2027 , the cost-of-living crisis has seen wages struggling to keep up with rising costs . Notably , rents are now at their highest rate on record , alongside rising energy bills .
The most expensive cities for single occupants in the UK
For more info : www . stokemont . com
Rank City
Estimated monthly cost of living for a single person in the city centre ( including rent )
1 London £ 3,075.14 2 Bath £ 2,266.60 3 Bristol £ 1,913.86 4 Edinburgh £ 1,735.90 5 Manchester £ 1,682.63 6 Leeds £ 1,604.77 7 Belfast £ 1,567.48 8 Newcastle £ 1,557.90 9 Southampton £ 1,547.50 10 Glasgow £ 1,539.22
8 www . tbebathandsomerset . co . uk