Cost of Living in Loughborough

East Midlands
Town
Leicestershire, England

Population: 67,000

Average House Price

£258.6k

-11% vs UK avg (£290k)

Median Salary

£33,124

-15% vs UK avg (£39,039)

Average Rent

£844/mo

-30% vs UK avg (£1,200)

Quick Facts

Council Tax£2,182Band D / yr
Energy£147/ mo
Water£35.00/ mo
Broadband£33.00/ mo
Bus Pass£64.28/ mo

House Prices in Loughborough

+1.0% year-on-year
Average Property Prices
Based on Land Registry data for 2025-12-01

Average price (all types)

£258,640

Detached£402,800
Semi-detached£249,100
Terraced£188,680
Flat / Apartment£143,100

House prices in Loughborough have increased by +1.0% over the past year.

Salaries in Loughborough

Annual Salary
Median and mean gross annual pay
Median£33,124
Mean£37,310
Median hourly rate£15.88/hr
Salary Range
Lower and upper quartile earnings
Lower quartile (25th)£22,568
Upper quartile (75th)£43,680

vs UK National Median (£39,039)

-15.2%
£5,915 below national average

Monthly Cost of Living in Loughborough

Estimated Monthly Breakdown
What it costs to live in Loughborough each month, based on averages from ONS and open data sources.
CategoryItemMonthly Cost
HousingRent(Average monthly rent)£844
HousingCouncil Tax(Band D, paid over 12 months)£182
UtilitiesEnergy(Gas and electricity)£147
UtilitiesWater£35.00
UtilitiesBroadband£33.00
TransportTransport(Monthly commute estimate)£166
FoodGroceries(Estimated monthly shop)£244
LeisureLeisure(Gym, dining out, entertainment)£135
Estimated Total£1,786

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 Loughborough

Monthly Bus Pass
Standard adult monthly bus pass

£64.28

Fuel per Litre
Average petrol price per litre

£1.28

Monthly Commute
Estimated monthly commuting cost

£166

Compare Loughborough with Another Location

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Frequently Asked Questions About Living in Loughborough

What is the average house price in Loughborough?
The average house price in Loughborough is £258,640, based on HM Land Registry data for 2025-12-01. Detached homes average £402,800, while flats and apartments average £143,100. Prices have risen by +1.0% over the past year.
What is the average salary in Loughborough?
The median annual salary in Loughborough is £33,124, compared to the UK national median of £39,039. This is £5,915 below the national average. Salaries typically range from £22,568 (lower quartile) to £43,680 (upper quartile).
How much does it cost to rent in Loughborough?
Average monthly rent in Loughborough is £844 per month. Rents have increased by +4.5% over the past year.
Is Loughborough an affordable place to live?
Loughborough can be a stretch for those on median earnings. Rent accounts for approximately 31% of the median monthly income, which exceeds the 30% affordability guideline. The average monthly rent is £844, while the median annual salary is £33,124 (approximately £2,760 per month before tax).
How does Loughborough compare to London?
The average house price in Loughborough is £258,640, compared to approximately £551,000 in London. Property in Loughborough costs around 47% of London prices, making it £292,360 cheaper on average. Rent is also more affordable, at £844 per month versus approximately £2,253 in London.
Are house prices rising or falling in Loughborough?
House prices in Loughborough are currently rising, with a +1.0% increase over the past year. The current average price of £258,640 reflects data from 2025-12-01. As with all property markets, past performance does not guarantee future changes.