Cost of Living in Grimsby
Yorkshire and the Humber
Town
Lincolnshire, EnglandPopulation: 89,000
Average House Price
£224.6k
-23% vs UK avg (£290k)
Median Salary
£34,150
-13% vs UK avg (£39,039)
Average Rent
£842/mo
-30% vs UK avg (£1,200)
Quick Facts
Council Tax£2,153Band D / yr
Energy£147/ mo
Water£35.00/ mo
Broadband£35.00/ mo
Bus Pass£64.92/ mo
House Prices in Grimsby
+3.0% year-on-year
Average Property Prices
Based on Land Registry data for 2025-12-01
Average price (all types)
£224,640
Detached£378,000
Semi-detached£221,400
Terraced£159,840
Flat / Apartment£135,000
House prices in Grimsby have increased by +3.0% over the past year.
Salaries in Grimsby
Annual Salary
Median and mean gross annual pay
Median£34,150
Mean£38,316
Median hourly rate£16.32/hr
Salary Range
Lower and upper quartile earnings
Lower quartile (25th)£23,250
Upper quartile (75th)£45,105
vs UK National Median (£39,039)
-12.5%
£4,889 below national averageMonthly Cost of Living in Grimsby
Estimated Monthly Breakdown
What it costs to live in Grimsby each month, based on averages from ONS and open data sources.
| Category | Item | Monthly Cost |
|---|---|---|
| Housing | Rent(Average monthly rent) | £842 |
| Housing | Council Tax(Band D, paid over 12 months) | £179 |
| Utilities | Energy(Gas and electricity) | £147 |
| Utilities | Water | £35.00 |
| Utilities | Broadband | £35.00 |
| Transport | Transport(Monthly commute estimate) | £168 |
| Food | Groceries(Estimated monthly shop) | £246 |
| Leisure | Leisure(Gym, dining out, entertainment) | £136 |
| Estimated Total | £1,788 |
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 Grimsby
Monthly Bus Pass
Standard adult monthly bus pass
£64.92
Fuel per Litre
Average petrol price per litre
£1.29
Monthly Commute
Estimated monthly commuting cost
£168
Compare Grimsby with Another Location
See how the cost of living in Grimsby stacks up against other UK cities and towns.
Or choose any two locations to compareFrequently Asked Questions About Living in Grimsby
- What is the average house price in Grimsby?
- The average house price in Grimsby is £224,640, based on HM Land Registry data for 2025-12-01. Detached homes average £378,000, while flats and apartments average £135,000. Prices have risen by +3.0% over the past year.
- What is the average salary in Grimsby?
- The median annual salary in Grimsby is £34,150, compared to the UK national median of £39,039. This is £4,889 below the national average. Salaries typically range from £23,250 (lower quartile) to £45,105 (upper quartile).
- How much does it cost to rent in Grimsby?
- Average monthly rent in Grimsby is £842 per month. Rents have increased by +7.8% over the past year.
- Is Grimsby an affordable place to live?
- Grimsby is reasonably affordable, with rent taking up around 30% of the median monthly income. This is close to, but within, the 30% affordability threshold. The average monthly rent is £842, while the median annual salary is £34,150 (approximately £2,846 per month before tax).
- How does Grimsby compare to London?
- The average house price in Grimsby is £224,640, compared to approximately £551,000 in London. Property in Grimsby costs around 41% of London prices, making it £326,360 cheaper on average. Rent is also more affordable, at £842 per month versus approximately £2,253 in London.
- Are house prices rising or falling in Grimsby?
- House prices in Grimsby are currently rising, with a +3.0% increase over the past year. The current average price of £224,640 reflects data from 2025-12-01. As with all property markets, past performance does not guarantee future changes.
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