Cost of Living in Coventry
West Midlands
City
West Midlands, EnglandPopulation: 345,000
Average House Price
£228.8k
-21% vs UK avg (£290k)
Median Salary
£36,936
-5% vs UK avg (£39,039)
Average Rent
£883/mo
-26% vs UK avg (£1,200)
Quick Facts
Council Tax£2,090Band D / yr
Energy£144/ mo
Water£35.00/ mo
Broadband£40.00/ mo
Bus Pass£70.45/ mo
House Prices in Coventry
+3.0% year-on-year
Average Property Prices
Based on Land Registry data for 2025-12-01
Average price (all types)
£228,780
Detached£376,650
Semi-detached£227,850
Terraced£172,050
Flat / Apartment£134,850
House prices in Coventry have increased by +3.0% over the past year.
Salaries in Coventry
Annual Salary
Median and mean gross annual pay
Median£36,936
Mean£41,454
Median hourly rate£17.59/hr
Salary Range
Lower and upper quartile earnings
Lower quartile (25th)£25,088
Upper quartile (75th)£48,510
vs UK National Median (£39,039)
-5.4%
£2,103 below national averageMonthly Cost of Living in Coventry
Estimated Monthly Breakdown
What it costs to live in Coventry each month, based on averages from ONS and open data sources.
| Category | Item | Monthly Cost |
|---|---|---|
| Housing | Rent(Average monthly rent) | £883 |
| Housing | Council Tax(Band D, paid over 12 months) | £174 |
| Utilities | Energy(Gas and electricity) | £144 |
| Utilities | Water | £35.00 |
| Utilities | Broadband | £40.00 |
| Transport | Transport(Monthly commute estimate) | £182 |
| Food | Groceries(Estimated monthly shop) | £246 |
| Leisure | Leisure(Gym, dining out, entertainment) | £148 |
| Estimated Total | £1,852 |
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 Coventry
Monthly Bus Pass
Standard adult monthly bus pass
£70.45
Fuel per Litre
Average petrol price per litre
£1.40
Monthly Commute
Estimated monthly commuting cost
£182
Compare Coventry with Another Location
See how the cost of living in Coventry stacks up against other UK cities and towns.
Or choose any two locations to compareFrequently Asked Questions About Living in Coventry
- What is the average house price in Coventry?
- The average house price in Coventry is £228,780, based on HM Land Registry data for 2025-12-01. Detached homes average £376,650, while flats and apartments average £134,850. Prices have risen by +3.0% over the past year.
- What is the average salary in Coventry?
- The median annual salary in Coventry is £36,936, compared to the UK national median of £39,039. This is £2,103 below the national average. Salaries typically range from £25,088 (lower quartile) to £48,510 (upper quartile).
- How much does it cost to rent in Coventry?
- Average monthly rent in Coventry is £883 per month. Rents have increased by +3.8% over the past year.
- Is Coventry an affordable place to live?
- Coventry is reasonably affordable, with rent taking up around 29% of the median monthly income. This is close to, but within, the 30% affordability threshold. The average monthly rent is £883, while the median annual salary is £36,936 (approximately £3,078 per month before tax).
- How does Coventry compare to London?
- The average house price in Coventry is £228,780, compared to approximately £551,000 in London. Property in Coventry costs around 42% of London prices, making it £322,220 cheaper on average. Rent is also more affordable, at £883 per month versus approximately £2,253 in London.
- Are house prices rising or falling in Coventry?
- House prices in Coventry are currently rising, with a +3.0% increase over the past year. The current average price of £228,780 reflects data from 2025-12-01. As with all property markets, past performance does not guarantee future changes.
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