Cost of Living in Nottingham

East Midlands
City

Population: 332,000

Average House Price

£234.2k

-19% vs UK avg (£290k)

Median Salary

£36,764

-6% vs UK avg (£39,039)

Average Rent

£861/mo

-28% vs UK avg (£1,200)

Quick Facts

Council Tax£2,052Band D / yr
Energy£142/ mo
Water£34.00/ mo
Broadband£33.00/ mo
Bus Pass£64.28/ mo

House Prices in Nottingham

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

Average price (all types)

£234,240

Detached£364,800
Semi-detached£225,600
Terraced£170,880
Flat / Apartment£129,600

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

Salaries in Nottingham

Annual Salary
Median and mean gross annual pay
Median£36,764
Mean£41,410
Median hourly rate£17.62/hr
Salary Range
Lower and upper quartile earnings
Lower quartile (25th)£25,048
Upper quartile (75th)£48,480

vs UK National Median (£39,039)

-5.8%
£2,275 below national average

Monthly Cost of Living in Nottingham

Estimated Monthly Breakdown
What it costs to live in Nottingham each month, based on averages from ONS and open data sources.
CategoryItemMonthly Cost
HousingRent(Average monthly rent)£861
HousingCouncil Tax(Band D, paid over 12 months)£171
UtilitiesEnergy(Gas and electricity)£142
UtilitiesWater£34.00
UtilitiesBroadband£33.00
TransportTransport(Monthly commute estimate)£166
FoodGroceries(Estimated monthly shop)£249
LeisureLeisure(Gym, dining out, entertainment)£135
Estimated Total£1,791

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 Nottingham

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

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Frequently Asked Questions About Living in Nottingham

What is the average house price in Nottingham?
The average house price in Nottingham is £234,240, based on HM Land Registry data for 2025-12-01. Detached homes average £364,800, while flats and apartments average £129,600. Prices have risen by +1.0% over the past year.
What is the average salary in Nottingham?
The median annual salary in Nottingham is £36,764, compared to the UK national median of £39,039. This is £2,275 below the national average. Salaries typically range from £25,048 (lower quartile) to £48,480 (upper quartile).
How much does it cost to rent in Nottingham?
Average monthly rent in Nottingham is £861 per month. Rents have increased by +6.5% over the past year.
Is Nottingham an affordable place to live?
Nottingham is reasonably affordable, with rent taking up around 28% of the median monthly income. This is close to, but within, the 30% affordability threshold. The average monthly rent is £861, while the median annual salary is £36,764 (approximately £3,064 per month before tax).
How does Nottingham compare to London?
The average house price in Nottingham is £234,240, compared to approximately £551,000 in London. Property in Nottingham costs around 43% of London prices, making it £316,760 cheaper on average. Rent is also more affordable, at £861 per month versus approximately £2,253 in London.
Are house prices rising or falling in Nottingham?
House prices in Nottingham are currently rising, with a +1.0% increase over the past year. The current average price of £234,240 reflects data from 2025-12-01. As with all property markets, past performance does not guarantee future changes.