13th November 2015Show all News
“This is the third year that Cardiff has made its way into the top three results for the last three years”
It came as no surprise to us that this is not the first time we’ve heard (and is unlikely to be the last) that Cardiff has beaten London, Liverpool and Birmingham to rank as one of the UK’s best big cities for quality of life. According to MoneySuperMarket research, Cardiff is 3rd on a list of 12 cities across the UK that are yearly pegged against each other, measuring various metrics to see which cities come out on top and which are failing to stay ahead of the curve.
Compared to other cities, Cardiff has a low cost of living when you consider the above-average disposable income. On average, a weekly household spend in Cardiff amounts to £384.60 which compared to the UK average of £426.30 brings you a saving of £141.70 per week. Per head, disposable income stands at £16,520, which although the UK average stands at £17,559, is up 3% compared to the levels of 2014!
Rental prices as a share of salary stood at 51% against the UK average of 54% which is ideal for people hoping to get into the rental market. Cardiff house prices on average are 6.6 times the value of salaries compared to the UK average of 8.8.
We expect to see Cardiff revisited year on year with all of the improvements set in the near future for the city. A transformed central station, BBC HQ, further job creations just to name a few.
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