Cost of Living in Barnet
London
Borough
Population: 400,000
Average House Price
£523.5k
+81% vs UK avg (£290k)
Median Salary
£49,550
+27% vs UK avg (£39,039)
Average Rent
£2,478/mo
+107% vs UK avg (£1,200)
Quick Facts
Council Tax£1,942Band D / yr
Energy£150/ mo
Water£35.00/ mo
Broadband£32.00/ mo
Bus Pass£85.50/ mo
House Prices in Barnet
0.0% year-on-year
Average Property Prices
Based on Land Registry data for 2025-12-01
Average price (all types)
£523,450
Detached£969,000
Semi-detached£617,500
Terraced£536,750
Flat / Apartment£418,000
House prices in Barnet have increased by 0.0% over the past year.
Salaries in Barnet
Annual Salary
Median and mean gross annual pay
Median£49,550
Mean£57,200
Median hourly rate£24.35/hr
Salary Range
Lower and upper quartile earnings
Lower quartile (25th)£33,800
Upper quartile (75th)£68,500
vs UK National Median (£39,039)
+26.9%
£10,511 above national averageMonthly Cost of Living in Barnet
Estimated Monthly Breakdown
What it costs to live in Barnet each month, based on averages from ONS and open data sources.
| Category | Item | Monthly Cost |
|---|---|---|
| Housing | Rent(Average monthly rent) | £2,478 |
| Housing | Council Tax(Band D, paid over 12 months) | £162 |
| Utilities | Energy(Gas and electricity) | £150 |
| Utilities | Water | £35.00 |
| Utilities | Broadband | £32.00 |
| Transport | Transport(Monthly commute estimate) | £221 |
| Food | Groceries(Estimated monthly shop) | £344 |
| Leisure | Leisure(Gym, dining out, entertainment) | £180 |
| Estimated Total | £3,602 |
These figures are estimates based on averages and may vary depending on your lifestyle, property type, and household size. Council tax shown at Band D; your band may differ.
Transport Costs in Barnet
Monthly Bus Pass
Standard adult monthly bus pass
£85.50
Fuel per Litre
Average petrol price per litre
£1.70
Monthly Commute
Estimated monthly commuting cost
£221
Compare Barnet with Another Location
See how the cost of living in Barnet stacks up against other UK cities and towns.
Or choose any two locations to compareFrequently Asked Questions About Living in Barnet
- What is the average house price in Barnet?
- The average house price in Barnet is £523,450, based on HM Land Registry data for 2025-12-01. Detached homes average £969,000, while flats and apartments average £418,000. Prices have risen by 0.0% over the past year.
- What is the average salary in Barnet?
- The median annual salary in Barnet is £49,550, compared to the UK national median of £39,039. This is £10,511 above the national average, making it a higher-earning area. Salaries typically range from £33,800 (lower quartile) to £68,500 (upper quartile).
- How much does it cost to rent in Barnet?
- Average monthly rent in Barnet is £2,478 per month. Rents have increased by +1.1% over the past year.
- Is Barnet an affordable place to live?
- Barnet is expensive relative to local earnings. Rent accounts for approximately 60% of the median monthly income, significantly above the 30% affordability threshold. The average monthly rent is £2,478, while the median annual salary is £49,550 (approximately £4,129 per month before tax).
- How does Barnet compare to London?
- The average house price in Barnet is £523,450, compared to approximately £551,000 in London. Property in Barnet costs around 95% of London prices, making it £27,550 cheaper on average.
- Are house prices rising or falling in Barnet?
- House prices in Barnet are currently rising, with a 0.0% increase over the past year. The current average price of £523,450 reflects data from 2025-12-01. As with all property markets, past performance does not guarantee future changes.
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