Cost of Living in Torquay

South West
Town
Devon, England

Population: 66,000

Average House Price

£258.9k

-11% vs UK avg (£290k)

Median Salary

£34,371

-12% vs UK avg (£39,039)

Average Rent

£1,111/mo

-7% vs UK avg (£1,200)

Quick Facts

Council Tax£2,373Band D / yr
Energy£149/ mo
Water£36.00/ mo
Broadband£33.00/ mo
Bus Pass£70.50/ mo

House Prices in Torquay

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

Average price (all types)

£258,860

Detached£391,300
Semi-detached£249,400
Terraced£215,000
Flat / Apartment£167,700

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

Salaries in Torquay

Annual Salary
Median and mean gross annual pay
Median£34,371
Mean£38,675
Median hourly rate£16.52/hr
Salary Range
Lower and upper quartile earnings
Lower quartile (25th)£23,478
Upper quartile (75th)£45,500

vs UK National Median (£39,039)

-12.0%
£4,668 below national average

Monthly Cost of Living in Torquay

Estimated Monthly Breakdown
What it costs to live in Torquay each month, based on averages from ONS and open data sources.
CategoryItemMonthly Cost
HousingRent(Average monthly rent)£1,111
HousingCouncil Tax(Band D, paid over 12 months)£198
UtilitiesEnergy(Gas and electricity)£149
UtilitiesWater£36.00
UtilitiesBroadband£33.00
TransportTransport(Monthly commute estimate)£182
FoodGroceries(Estimated monthly shop)£278
LeisureLeisure(Gym, dining out, entertainment)£148
Estimated Total£2,135

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 Torquay

Monthly Bus Pass
Standard adult monthly bus pass

£70.50

Fuel per Litre
Average petrol price per litre

£1.40

Monthly Commute
Estimated monthly commuting cost

£182

Compare Torquay with Another Location

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Frequently Asked Questions About Living in Torquay

What is the average house price in Torquay?
The average house price in Torquay is £258,860, based on HM Land Registry data for 2025-12-01. Detached homes average £391,300, while flats and apartments average £167,700. Prices have risen by +1.0% over the past year.
What is the average salary in Torquay?
The median annual salary in Torquay is £34,371, compared to the UK national median of £39,039. This is £4,668 below the national average. Salaries typically range from £23,478 (lower quartile) to £45,500 (upper quartile).
How much does it cost to rent in Torquay?
Average monthly rent in Torquay is £1,111 per month. Rents have increased by +4.2% over the past year.
Is Torquay an affordable place to live?
Torquay can be a stretch for those on median earnings. Rent accounts for approximately 39% of the median monthly income, which exceeds the 30% affordability guideline. The average monthly rent is £1,111, while the median annual salary is £34,371 (approximately £2,864 per month before tax).
How does Torquay compare to London?
The average house price in Torquay is £258,860, compared to approximately £551,000 in London. Property in Torquay costs around 47% of London prices, making it £292,140 cheaper on average. Rent is also more affordable, at £1,111 per month versus approximately £2,253 in London.
Are house prices rising or falling in Torquay?
House prices in Torquay are currently rising, with a +1.0% increase over the past year. The current average price of £258,860 reflects data from 2025-12-01. As with all property markets, past performance does not guarantee future changes.