Cost of Living in Wakefield

Yorkshire and the Humber
City
West Yorkshire, England

Population: 345,000

Average House Price

£218.4k

-25% vs UK avg (£290k)

Median Salary

£36,720

-6% vs UK avg (£39,039)

Average Rent

£867/mo

-28% vs UK avg (£1,200)

Quick Facts

Council Tax£2,048Band D / yr
Energy£144/ mo
Water£35.00/ mo
Broadband£32.00/ mo
Bus Pass£62.93/ mo

House Prices in Wakefield

0.0% year-on-year
Average Property Prices
Based on Land Registry data for 2025-12-01

Average price (all types)

£218,400

Detached£367,500
Semi-detached£215,250
Terraced£155,400
Flat / Apartment£131,250

House prices in Wakefield have increased by 0.0% over the past year.

Salaries in Wakefield

Annual Salary
Median and mean gross annual pay
Median£36,720
Mean£41,200
Median hourly rate£17.55/hr
Salary Range
Lower and upper quartile earnings
Lower quartile (25th)£25,000
Upper quartile (75th)£48,500

vs UK National Median (£39,039)

-5.9%
£2,319 below national average

Monthly Cost of Living in Wakefield

Estimated Monthly Breakdown
What it costs to live in Wakefield each month, based on averages from ONS and open data sources.
CategoryItemMonthly Cost
HousingRent(Average monthly rent)£867
HousingCouncil Tax(Band D, paid over 12 months)£171
UtilitiesEnergy(Gas and electricity)£144
UtilitiesWater£35.00
UtilitiesBroadband£32.00
TransportTransport(Monthly commute estimate)£163
FoodGroceries(Estimated monthly shop)£253
LeisureLeisure(Gym, dining out, entertainment)£132
Estimated Total£1,797

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 Wakefield

Monthly Bus Pass
Standard adult monthly bus pass

£62.93

Fuel per Litre
Average petrol price per litre

£1.25

Monthly Commute
Estimated monthly commuting cost

£163

Compare Wakefield with Another Location

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Frequently Asked Questions About Living in Wakefield

What is the average house price in Wakefield?
The average house price in Wakefield is £218,400, based on HM Land Registry data for 2025-12-01. Detached homes average £367,500, while flats and apartments average £131,250. Prices have risen by 0.0% over the past year.
What is the average salary in Wakefield?
The median annual salary in Wakefield is £36,720, compared to the UK national median of £39,039. This is £2,319 below the national average. Salaries typically range from £25,000 (lower quartile) to £48,500 (upper quartile).
How much does it cost to rent in Wakefield?
Average monthly rent in Wakefield is £867 per month. Rents have increased by +6.8% over the past year.
Is Wakefield an affordable place to live?
Wakefield 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 £867, while the median annual salary is £36,720 (approximately £3,060 per month before tax).
How does Wakefield compare to London?
The average house price in Wakefield is £218,400, compared to approximately £551,000 in London. Property in Wakefield costs around 40% of London prices, making it £332,600 cheaper on average. Rent is also more affordable, at £867 per month versus approximately £2,253 in London.
Are house prices rising or falling in Wakefield?
House prices in Wakefield are currently rising, with a 0.0% increase over the past year. The current average price of £218,400 reflects data from 2025-12-01. As with all property markets, past performance does not guarantee future changes.