Cost of Living in Hackney
London
Borough
Population: 281,000
Average House Price
£617.1k
+113% vs UK avg (£290k)
Median Salary
£53,019
+36% vs UK avg (£39,039)
Average Rent
£2,185/mo
+82% vs UK avg (£1,200)
Quick Facts
Council Tax£1,843Band D / yr
Energy£147/ mo
Water£34.00/ mo
Broadband£39.00/ mo
Bus Pass£91.80/ mo
House Prices in Hackney
+2.0% year-on-year
Average Property Prices
Based on Land Registry data for 2025-12-01
Average price (all types)
£617,120
Detached£1,142,400
Semi-detached£728,000
Terraced£632,800
Flat / Apartment£492,800
House prices in Hackney have increased by +2.0% over the past year.
Salaries in Hackney
Annual Salary
Median and mean gross annual pay
Median£53,019
Mean£61,204
Median hourly rate£26.05/hr
Salary Range
Lower and upper quartile earnings
Lower quartile (25th)£36,166
Upper quartile (75th)£73,295
vs UK National Median (£39,039)
+35.8%
£13,980 above national averageMonthly Cost of Living in Hackney
Estimated Monthly Breakdown
What it costs to live in Hackney each month, based on averages from ONS and open data sources.
| Category | Item | Monthly Cost |
|---|---|---|
| Housing | Rent(Average monthly rent) | £2,185 |
| Housing | Council Tax(Band D, paid over 12 months) | £154 |
| Utilities | Energy(Gas and electricity) | £147 |
| Utilities | Water | £34.00 |
| Utilities | Broadband | £39.00 |
| Transport | Transport(Monthly commute estimate) | £237 |
| Food | Groceries(Estimated monthly shop) | £327 |
| Leisure | Leisure(Gym, dining out, entertainment) | £193 |
| Estimated Total | £3,317 |
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 Hackney
Monthly Bus Pass
Standard adult monthly bus pass
£91.80
Fuel per Litre
Average petrol price per litre
£1.82
Monthly Commute
Estimated monthly commuting cost
£237
Compare Hackney with Another Location
See how the cost of living in Hackney stacks up against other UK cities and towns.
Or choose any two locations to compareFrequently Asked Questions About Living in Hackney
- What is the average house price in Hackney?
- The average house price in Hackney is £617,120, based on HM Land Registry data for 2025-12-01. Detached homes average £1,142,400, while flats and apartments average £492,800. Prices have risen by +2.0% over the past year.
- What is the average salary in Hackney?
- The median annual salary in Hackney is £53,019, compared to the UK national median of £39,039. This is £13,980 above the national average, making it a higher-earning area. Salaries typically range from £36,166 (lower quartile) to £73,295 (upper quartile).
- How much does it cost to rent in Hackney?
- Average monthly rent in Hackney is £2,185 per month. Rents have increased by +0.1% over the past year.
- Is Hackney an affordable place to live?
- Hackney is expensive relative to local earnings. Rent accounts for approximately 49% of the median monthly income, significantly above the 30% affordability threshold. The average monthly rent is £2,185, while the median annual salary is £53,019 (approximately £4,418 per month before tax).
- How does Hackney compare to London?
- The average house price in Hackney is £617,120, compared to approximately £551,000 in London. Property in Hackney is £66,120 more expensive than the London average. Rent is also more affordable, at £2,185 per month versus approximately £2,253 in London.
- Are house prices rising or falling in Hackney?
- House prices in Hackney are currently rising, with a +2.0% increase over the past year. The current average price of £617,120 reflects data from 2025-12-01. As with all property markets, past performance does not guarantee future changes.
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