Cost of Living in Newark-on-Trent
East Midlands
Town
Nottinghamshire, EnglandPopulation: 42,000
Average House Price
£275.7k
-5% vs UK avg (£290k)
Median Salary
£39,312
+1% vs UK avg (£39,039)
Average Rent
£853/mo
-29% vs UK avg (£1,200)
Quick Facts
Council Tax£2,030Band D / yr
Energy£142/ mo
Water£34.00/ mo
Broadband£40.00/ mo
Bus Pass£68.97/ mo
House Prices in Newark-on-Trent
+3.0% year-on-year
Average Property Prices
Based on Land Registry data for 2025-12-01
Average price (all types)
£275,720
Detached£429,400
Semi-detached£265,550
Terraced£201,140
Flat / Apartment£152,550
House prices in Newark-on-Trent have increased by +3.0% over the past year.
Salaries in Newark-on-Trent
Annual Salary
Median and mean gross annual pay
Median£39,312
Mean£44,280
Median hourly rate£18.85/hr
Salary Range
Lower and upper quartile earnings
Lower quartile (25th)£26,784
Upper quartile (75th)£51,840
vs UK National Median (£39,039)
+0.7%
£273 above national averageMonthly Cost of Living in Newark-on-Trent
Estimated Monthly Breakdown
What it costs to live in Newark-on-Trent each month, based on averages from ONS and open data sources.
| Category | Item | Monthly Cost |
|---|---|---|
| Housing | Rent(Average monthly rent) | £853 |
| Housing | Council Tax(Band D, paid over 12 months) | £169 |
| Utilities | Energy(Gas and electricity) | £142 |
| Utilities | Water | £34.00 |
| Utilities | Broadband | £40.00 |
| Transport | Transport(Monthly commute estimate) | £178 |
| Food | Groceries(Estimated monthly shop) | £246 |
| Leisure | Leisure(Gym, dining out, entertainment) | £145 |
| Estimated Total | £1,807 |
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 Newark-on-Trent
Monthly Bus Pass
Standard adult monthly bus pass
£68.97
Fuel per Litre
Average petrol price per litre
£1.37
Monthly Commute
Estimated monthly commuting cost
£178
Compare Newark-on-Trent with Another Location
See how the cost of living in Newark-on-Trent stacks up against other UK cities and towns.
Newark-on-Trent vs London
Newark-on-Trent vs Manchester
Newark-on-Trent vs Birmingham
Newark-on-Trent vs Edinburgh
Frequently Asked Questions About Living in Newark-on-Trent
- What is the average house price in Newark-on-Trent?
- The average house price in Newark-on-Trent is £275,720, based on HM Land Registry data for 2025-12-01. Detached homes average £429,400, while flats and apartments average £152,550. Prices have risen by +3.0% over the past year.
- What is the average salary in Newark-on-Trent?
- The median annual salary in Newark-on-Trent is £39,312, compared to the UK national median of £39,039. This is £273 above the national average, making it a higher-earning area. Salaries typically range from £26,784 (lower quartile) to £51,840 (upper quartile).
- How much does it cost to rent in Newark-on-Trent?
- Average monthly rent in Newark-on-Trent is £853 per month. Rents have increased by +5.5% over the past year.
- Is Newark-on-Trent an affordable place to live?
- Newark-on-Trent is reasonably affordable, with rent taking up around 26% of the median monthly income. This is close to, but within, the 30% affordability threshold. The average monthly rent is £853, while the median annual salary is £39,312 (approximately £3,276 per month before tax).
- How does Newark-on-Trent compare to London?
- The average house price in Newark-on-Trent is £275,720, compared to approximately £551,000 in London. Property in Newark-on-Trent costs around 50% of London prices, making it £275,280 cheaper on average. Rent is also more affordable, at £853 per month versus approximately £2,253 in London.
- Are house prices rising or falling in Newark-on-Trent?
- House prices in Newark-on-Trent are currently rising, with a +3.0% increase over the past year. The current average price of £275,720 reflects data from 2025-12-01. As with all property markets, past performance does not guarantee future changes.
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