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How Much Does it Cost to Live and Work in the UK?

Did you ever stop to think about how much having a job actually costs you? Here’s a clue: It ain’t cheap. Think about how much you spend on your train tickets or petrol, how much you fork out for your daily lattes and those overpriced lunches at the organic cafe round the corner from the office.
 
Before you get your spreadsheets out, have a look at this infographic compiled by Guardian Jobs on the price of living and working in the UK. Some of the key findings are:
 
• The average salary in London is £33,899, the average salary in the UK is 26% lower at £26,978
• The average person in a job has spent 8 years, 7 months and 2 hours of their life working
• The average annual cost of peak-time train pass with tube travel is a whopping £6,000
• A coffee from Costa, Starbucks or Caffe Nero will range from £1.40 to £2.50
• If you made instant coffee instead, you could save £888.61 annually
• A daily sandwich will on average cost £2.49 at Pret a Manger
• If you make your own sandwiches you could save £261
• Finally, the average monthly rent in the UK is £713, in London it’s £1,202

In conclusion, if you want to save money for your retirement make sure you make your own sandwiches, sip Nescafe, get a bicyle and live far away from London…

  

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Did you ever stop to think about how much having a job actually costs you? Here’s a clue: It ain’t cheap. Think about how much you spend on your train tickets or petrol, how much you fork out for your daily lattes and those overpriced lunches at the organic cafe round the corner from the office.

Before you get your spreadsheets out, have a look at this infographic compiled by Guardian Jobs on the price of living and working in the UK.

Some of the key findings:

  • The average salary in London is £33,899, the average salary in the UK is 26% lower at £26,978
  • The average person in a job has spent 8 years, 7 months and 2 hours of their life working
  • The average annual cost of peak-time train pass with tube travel is a whopping £6,000
  • A coffee from Costa, Starbucks or Caffe Nero will range from £1.40 to £2.50
  • If you made instant coffee instead, you could save £888.61 annually
  • A daily sandwich will on average cost £2.49 at Pret a Manger
  • If you make your own sandwiches you could save £261
  • Finally, the average monthly rent in the UK is £713, in London it’s £1,202

In conclusion, if you want to save money for your retirement make sure you make your own sandwiches, sip Nescafe, get a bicyle and live far away from London…

RELATED: How the UK Economy Affects Jobseekers and Recruiters.

cost of living britain

Brought to you by Guardian Jobs.

 

By Jörgen Sundberg

Founder of Undercover Recruiter & CEO of Link Humans, home of The Employer Brand Index.