Cost of Living in Exeter

South West
City
Devon, England

Population: 131,000

Average House Price

£325.1k

+12% vs UK avg (£290k)

Median Salary

£38,903

-0% vs UK avg (£39,039)

Average Rent

£1,155/mo

-4% vs UK avg (£1,200)

Quick Facts

Council Tax£2,102Band D / yr
Energy£140/ mo
Water£34.00/ mo
Broadband£35.00/ mo
Bus Pass£71.97/ mo

House Prices in Exeter

+3.0% year-on-year
Average Property Prices
Based on Land Registry data for 2025-12-01

Average price (all types)

£325,080

Detached£491,400
Semi-detached£313,200
Terraced£270,000
Flat / Apartment£210,600

House prices in Exeter have increased by +3.0% over the past year.

Salaries in Exeter

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 average

Monthly Cost of Living in Exeter

Estimated Monthly Breakdown
What it costs to live in Exeter each month, based on averages from ONS and open data sources.
CategoryItemMonthly Cost
HousingRent(Average monthly rent)£1,155
HousingCouncil Tax(Band D, paid over 12 months)£175
UtilitiesEnergy(Gas and electricity)£140
UtilitiesWater£34.00
UtilitiesBroadband£35.00
TransportTransport(Monthly commute estimate)£186
FoodGroceries(Estimated monthly shop)£267
LeisureLeisure(Gym, dining out, entertainment)£151
Estimated Total£2,143

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 Exeter

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

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Frequently Asked Questions About Living in Exeter

What is the average house price in Exeter?
The average house price in Exeter is £325,080, based on HM Land Registry data for 2025-12-01. Detached homes average £491,400, while flats and apartments average £210,600. Prices have risen by +3.0% over the past year.
What is the average salary in Exeter?
The median annual salary in Exeter 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 Exeter?
Average monthly rent in Exeter is £1,155 per month. Rents have increased by +4.2% over the past year.
Is Exeter an affordable place to live?
Exeter can be a stretch for those on median earnings. Rent accounts for approximately 36% of the median monthly income, which exceeds the 30% affordability guideline. The average monthly rent is £1,155, while the median annual salary is £38,903 (approximately £3,242 per month before tax).
How does Exeter compare to London?
The average house price in Exeter is £325,080, compared to approximately £551,000 in London. Property in Exeter costs around 59% of London prices, making it £225,920 cheaper on average. Rent is also more affordable, at £1,155 per month versus approximately £2,253 in London.
Are house prices rising or falling in Exeter?
House prices in Exeter are currently rising, with a +3.0% increase over the past year. The current average price of £325,080 reflects data from 2025-12-01. As with all property markets, past performance does not guarantee future changes.