Methodology

Monthly cost of living has been set for one person based on suggested metrics by Numbeo. For couples, a single bedroom flat has been considered to be shared while the cost of living has been considered to double.

Northern Ireland's Average Salary has been used for Belfast.

Time taken to raise money for a deposit has been calculated as:
Deposit / (Average Take-Home Salary - (Annual Cost of Living + Annual Rent))

Locations have been selected from a range of cities and high population settlements in each region. The London cost of living has been applied universally to all London boroughs.

Some figures have been created from regional averages due to insufficient data.

In the case of cities in Northern Ireland where prices were not available, http://landregistry.data.gov.uk has been used to supplement the data.

The median rent for a one room flat has been used. The E1 postcode has been used for the City of London, and N10 for Haringey. Romford has been used for Havering. Bow has been used for Tower Hamlets. Walthamstow has been used for Waltham Forest.

Take-home pay based on April 2019 tax values.

Sources

https://www.gov.uk/government/collections/uk-house-price-index-reports https://www.numbeo.com/cost-of-living/city-estimator/ https://www.ons.gov.uk/economy/regionalaccounts/grossdisposablehouseholdincome/bulletins/regionalgrossdisposablehouseholdincomegdhi/1997to2016 https://www.home.co.uk/for_rent/current_rents_by_town.htm https://www.thesalarycalculator.co.uk/salary.php https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/earningsandworkinghours/datasets/allemployeesashetable1
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Rent and Save
Hotspots Across the UK

Raising money to buy a house can be a slow process - especially when you're paying rent each month, and the housing market is on the more expensive side. Have a look at some of the places where rent, cost of living, and house prices are all cheaper - so you can buy your dream home faster.

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Rent and Save Hotspots

All of United Kingdom

Take a look at the list below to see which places in the UK offer renters the best chance of saving for a deposit. You can also select a region from the drop-down menu above the map to focus in on a particular area, or click on a particular town or city to view more data about that location.

The list below shows which places in the UK offer renters the best chance of saving for a deposit. Using the filters you can refine the results, or click on a particular town or city to view more data about that location.

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All of United Kingdom Time taken to save deposit

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    • Time to save deposit

      Minimum deposit

    • Local Median Rent

      Average house price

    • Cost of living

      Average annual income