Cost of Living in Cheltenham
South West
Town
Gloucestershire, EnglandPopulation: 120,000
Average House Price
£295.0k
+2% vs UK avg (£290k)
Median Salary
£38,903
-0% vs UK avg (£39,039)
Average Rent
£1,111/mo
-7% vs UK avg (£1,200)
Quick Facts
Council Tax£2,373Band D / yr
Energy£149/ mo
Water£36.00/ mo
Broadband£35.00/ mo
Bus Pass£71.97/ mo
House Prices in Cheltenham
+3.0% year-on-year
Average Property Prices
Based on Land Registry data for 2025-12-01
Average price (all types)
£294,980
Detached£445,900
Semi-detached£284,200
Terraced£245,000
Flat / Apartment£191,100
House prices in Cheltenham have increased by +3.0% over the past year.
Salaries in Cheltenham
Annual Salary
Median and mean gross annual pay
Median£38,903
Mean£43,775
Median hourly rate£18.69/hr
Salary Range
Lower and upper quartile earnings
Lower quartile (25th)£26,574
Upper quartile (75th)£51,500
vs UK National Median (£39,039)
-0.3%
£136 below national averageMonthly Cost of Living in Cheltenham
Estimated Monthly Breakdown
What it costs to live in Cheltenham each month, based on averages from ONS and open data sources.
| Category | Item | Monthly Cost |
|---|---|---|
| Housing | Rent(Average monthly rent) | £1,111 |
| Housing | Council Tax(Band D, paid over 12 months) | £198 |
| Utilities | Energy(Gas and electricity) | £149 |
| Utilities | Water | £36.00 |
| Utilities | Broadband | £35.00 |
| Transport | Transport(Monthly commute estimate) | £186 |
| Food | Groceries(Estimated monthly shop) | £278 |
| Leisure | Leisure(Gym, dining out, entertainment) | £151 |
| Estimated Total | £2,144 |
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 Cheltenham
Monthly Bus Pass
Standard adult monthly bus pass
£71.97
Fuel per Litre
Average petrol price per litre
£1.43
Monthly Commute
Estimated monthly commuting cost
£186
Compare Cheltenham with Another Location
See how the cost of living in Cheltenham stacks up against other UK cities and towns.
Or choose any two locations to compareFrequently Asked Questions About Living in Cheltenham
- What is the average house price in Cheltenham?
- The average house price in Cheltenham is £294,980, based on HM Land Registry data for 2025-12-01. Detached homes average £445,900, while flats and apartments average £191,100. Prices have risen by +3.0% over the past year.
- What is the average salary in Cheltenham?
- The median annual salary in Cheltenham is £38,903, compared to the UK national median of £39,039. This is £136 below the national average. Salaries typically range from £26,574 (lower quartile) to £51,500 (upper quartile).
- How much does it cost to rent in Cheltenham?
- Average monthly rent in Cheltenham is £1,111 per month. Rents have increased by +4.2% over the past year.
- Is Cheltenham an affordable place to live?
- Cheltenham can be a stretch for those on median earnings. Rent accounts for approximately 34% of the median monthly income, which exceeds the 30% affordability guideline. The average monthly rent is £1,111, while the median annual salary is £38,903 (approximately £3,242 per month before tax).
- How does Cheltenham compare to London?
- The average house price in Cheltenham is £294,980, compared to approximately £551,000 in London. Property in Cheltenham costs around 54% of London prices, making it £256,020 cheaper on average. Rent is also more affordable, at £1,111 per month versus approximately £2,253 in London.
- Are house prices rising or falling in Cheltenham?
- House prices in Cheltenham are currently rising, with a +3.0% increase over the past year. The current average price of £294,980 reflects data from 2025-12-01. As with all property markets, past performance does not guarantee future changes.
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