Cost of Living in Wolverhampton

West Midlands
City
West Midlands, England

Population: 263,000

Average House Price

£273.1k

-6% vs UK avg (£290k)

Median Salary

£39,951

+2% vs UK avg (£39,039)

Average Rent

£883/mo

-26% vs UK avg (£1,200)

Quick Facts

Council Tax£2,090Band D / yr
Energy£144/ mo
Water£35.00/ mo
Broadband£38.00/ mo
Bus Pass£69.08/ mo

House Prices in Wolverhampton

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

Average price (all types)

£273,060

Detached£449,550
Semi-detached£271,950
Terraced£205,350
Flat / Apartment£160,950

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

Salaries in Wolverhampton

Annual Salary
Median and mean gross annual pay
Median£39,951
Mean£44,838
Median hourly rate£19.03/hr
Salary Range
Lower and upper quartile earnings
Lower quartile (25th)£27,136
Upper quartile (75th)£52,470

vs UK National Median (£39,039)

+2.3%
£912 above national average

Monthly Cost of Living in Wolverhampton

Estimated Monthly Breakdown
What it costs to live in Wolverhampton each month, based on averages from ONS and open data sources.
CategoryItemMonthly Cost
HousingRent(Average monthly rent)£883
HousingCouncil Tax(Band D, paid over 12 months)£174
UtilitiesEnergy(Gas and electricity)£144
UtilitiesWater£35.00
UtilitiesBroadband£38.00
TransportTransport(Monthly commute estimate)£178
FoodGroceries(Estimated monthly shop)£246
LeisureLeisure(Gym, dining out, entertainment)£145
Estimated Total£1,844

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 Wolverhampton

Monthly Bus Pass
Standard adult monthly bus pass

£69.08

Fuel per Litre
Average petrol price per litre

£1.37

Monthly Commute
Estimated monthly commuting cost

£178

Compare Wolverhampton with Another Location

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Frequently Asked Questions About Living in Wolverhampton

What is the average house price in Wolverhampton?
The average house price in Wolverhampton is £273,060, based on HM Land Registry data for 2025-12-01. Detached homes average £449,550, while flats and apartments average £160,950. Prices have risen by +1.0% over the past year.
What is the average salary in Wolverhampton?
The median annual salary in Wolverhampton is £39,951, compared to the UK national median of £39,039. This is £912 above the national average, making it a higher-earning area. Salaries typically range from £27,136 (lower quartile) to £52,470 (upper quartile).
How much does it cost to rent in Wolverhampton?
Average monthly rent in Wolverhampton is £883 per month. Rents have increased by +3.8% over the past year.
Is Wolverhampton an affordable place to live?
Wolverhampton 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 £883, while the median annual salary is £39,951 (approximately £3,329 per month before tax).
How does Wolverhampton compare to London?
The average house price in Wolverhampton is £273,060, compared to approximately £551,000 in London. Property in Wolverhampton costs around 50% of London prices, making it £277,940 cheaper on average. Rent is also more affordable, at £883 per month versus approximately £2,253 in London.
Are house prices rising or falling in Wolverhampton?
House prices in Wolverhampton are currently rising, with a +1.0% increase over the past year. The current average price of £273,060 reflects data from 2025-12-01. As with all property markets, past performance does not guarantee future changes.