Norwich has just been ranked as one of the best places to live in the UK by the Times UK, thanks to its vibrant independent businesses, unique proximity to the broads and coast, and standout community spirited-ness. But we’re here to help you find out answers to arguably the most important question you’ll have about a potential move: how much does it cost to live in Norwich?
*Please note that the following blog is simply an outline of the potential costs of living in Norwich, correct at the time of writing, and is not financial advice.
Cost of renting / buying:
When moving somewhere new for work, it’s not just the work you have to think about; it’s the life you lead around it. One such consideration is the cost of renting or buying a house. According to the Cities Outlook report of 2024, the average price of a home in a city or large town in the UK was £328, 600. In Norwich the average house costs £296, 200, compared to the London average of £692, 000. If you’re looking to rent, according to the to the Office for National Statistics (ONS), the mean monthly rent for private renters (from 1st October 2022 to 30th September 2023) was £913 in Norwich. This is less than half the mean when compared to London in the same time frame, which was £1,873. Across the UK, the mean is £994.