Cost of Living in Folkestone
South East
Town
Kent, EnglandPopulation: 54,000
Average House Price
£352.5k
+22% vs UK avg (£290k)
Median Salary
£40,454
+4% vs UK avg (£39,039)
Average Rent
£1,296/mo
+8% vs UK avg (£1,200)
Quick Facts
Council Tax£2,230Band D / yr
Energy£148/ mo
Water£35.00/ mo
Broadband£40.00/ mo
Bus Pass£81.58/ mo
House Prices in Folkestone
+3.0% year-on-year
Average Property Prices
Based on Land Registry data for 2025-12-01
Average price (all types)
£352,470
Detached£548,700
Semi-detached£348,750
Terraced£292,950
Flat / Apartment£218,550
House prices in Folkestone have increased by +3.0% over the past year.
Salaries in Folkestone
Annual Salary
Median and mean gross annual pay
Median£40,454
Mean£45,864
Median hourly rate£19.45/hr
Salary Range
Lower and upper quartile earnings
Lower quartile (25th)£27,636
Upper quartile (75th)£54,390
vs UK National Median (£39,039)
+3.6%
£1,415 above national averageMonthly Cost of Living in Folkestone
Estimated Monthly Breakdown
What it costs to live in Folkestone each month, based on averages from ONS and open data sources.
| Category | Item | Monthly Cost |
|---|---|---|
| Housing | Rent(Average monthly rent) | £1,296 |
| Housing | Council Tax(Band D, paid over 12 months) | £186 |
| Utilities | Energy(Gas and electricity) | £148 |
| Utilities | Water | £35.00 |
| Utilities | Broadband | £40.00 |
| Transport | Transport(Monthly commute estimate) | £211 |
| Food | Groceries(Estimated monthly shop) | £285 |
| Leisure | Leisure(Gym, dining out, entertainment) | £172 |
| Estimated Total | £2,373 |
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 Folkestone
Monthly Bus Pass
Standard adult monthly bus pass
£81.58
Fuel per Litre
Average petrol price per litre
£1.62
Monthly Commute
Estimated monthly commuting cost
£211
Compare Folkestone with Another Location
See how the cost of living in Folkestone stacks up against other UK cities and towns.
Or choose any two locations to compareFrequently Asked Questions About Living in Folkestone
- What is the average house price in Folkestone?
- The average house price in Folkestone is £352,470, based on HM Land Registry data for 2025-12-01. Detached homes average £548,700, while flats and apartments average £218,550. Prices have risen by +3.0% over the past year.
- What is the average salary in Folkestone?
- The median annual salary in Folkestone is £40,454, compared to the UK national median of £39,039. This is £1,415 above the national average, making it a higher-earning area. Salaries typically range from £27,636 (lower quartile) to £54,390 (upper quartile).
- How much does it cost to rent in Folkestone?
- Average monthly rent in Folkestone is £1,296 per month. Rents have increased by +2.5% over the past year.
- Is Folkestone an affordable place to live?
- Folkestone can be a stretch for those on median earnings. Rent accounts for approximately 38% of the median monthly income, which exceeds the 30% affordability guideline. The average monthly rent is £1,296, while the median annual salary is £40,454 (approximately £3,371 per month before tax).
- How does Folkestone compare to London?
- The average house price in Folkestone is £352,470, compared to approximately £551,000 in London. Property in Folkestone costs around 64% of London prices, making it £198,530 cheaper on average. Rent is also more affordable, at £1,296 per month versus approximately £2,253 in London.
- Are house prices rising or falling in Folkestone?
- House prices in Folkestone are currently rising, with a +3.0% increase over the past year. The current average price of £352,470 reflects data from 2025-12-01. As with all property markets, past performance does not guarantee future changes.
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