Cost of Living in Skegness
East Midlands
Town
Lincolnshire, EnglandPopulation: 20,000
Average House Price
£214.7k
-26% vs UK avg (£290k)
Median Salary
£37,492
-4% vs UK avg (£39,039)
Average Rent
£844/mo
-30% vs UK avg (£1,200)
Quick Facts
Council Tax£2,009Band D / yr
Energy£141/ mo
Water£34.00/ mo
Broadband£35.00/ mo
Bus Pass£65.62/ mo
House Prices in Skegness
+3.0% year-on-year
Average Property Prices
Based on Land Registry data for 2025-12-01
Average price (all types)
£214,720
Detached£334,400
Semi-detached£206,800
Terraced£156,640
Flat / Apartment£118,800
House prices in Skegness have increased by +3.0% over the past year.
Salaries in Skegness
Annual Salary
Median and mean gross annual pay
Median£37,492
Mean£42,230
Median hourly rate£17.97/hr
Salary Range
Lower and upper quartile earnings
Lower quartile (25th)£25,544
Upper quartile (75th)£49,440
vs UK National Median (£39,039)
-4.0%
£1,547 below national averageMonthly Cost of Living in Skegness
Estimated Monthly Breakdown
What it costs to live in Skegness each month, based on averages from ONS and open data sources.
| Category | Item | Monthly Cost |
|---|---|---|
| Housing | Rent(Average monthly rent) | £844 |
| Housing | Council Tax(Band D, paid over 12 months) | £167 |
| Utilities | Energy(Gas and electricity) | £141 |
| Utilities | Water | £34.00 |
| Utilities | Broadband | £35.00 |
| Transport | Transport(Monthly commute estimate) | £170 |
| Food | Groceries(Estimated monthly shop) | £244 |
| Leisure | Leisure(Gym, dining out, entertainment) | £138 |
| Estimated Total | £1,772 |
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 Skegness
Monthly Bus Pass
Standard adult monthly bus pass
£65.62
Fuel per Litre
Average petrol price per litre
£1.30
Monthly Commute
Estimated monthly commuting cost
£170
Compare Skegness with Another Location
See how the cost of living in Skegness stacks up against other UK cities and towns.
Or choose any two locations to compareFrequently Asked Questions About Living in Skegness
- What is the average house price in Skegness?
- The average house price in Skegness is £214,720, based on HM Land Registry data for 2025-12-01. Detached homes average £334,400, while flats and apartments average £118,800. Prices have risen by +3.0% over the past year.
- What is the average salary in Skegness?
- The median annual salary in Skegness is £37,492, compared to the UK national median of £39,039. This is £1,547 below the national average. Salaries typically range from £25,544 (lower quartile) to £49,440 (upper quartile).
- How much does it cost to rent in Skegness?
- Average monthly rent in Skegness is £844 per month. Rents have increased by +4.5% over the past year.
- Is Skegness an affordable place to live?
- Skegness is reasonably affordable, with rent taking up around 27% of the median monthly income. This is close to, but within, the 30% affordability threshold. The average monthly rent is £844, while the median annual salary is £37,492 (approximately £3,124 per month before tax).
- How does Skegness compare to London?
- The average house price in Skegness is £214,720, compared to approximately £551,000 in London. Property in Skegness costs around 39% of London prices, making it £336,280 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 Skegness?
- House prices in Skegness are currently rising, with a +3.0% increase over the past year. The current average price of £214,720 reflects data from 2025-12-01. As with all property markets, past performance does not guarantee future changes.
Nearby Locations
Explore the cost of living in other nearby areas.