Cost of Living in Coventry
West Midlands, England
Average House Price
£228.8k
+21%vs UK avg (£290k)
Median Salary
£36,936
+5%vs UK avg (£39,039)
Average Rent
£883/mo
+26%vs UK avg (£1,200)
Quick Facts
Council Tax
£2,090
Band D / yr
Energy
£144
/ mo
Water
£35.00
/ mo
Broadband
£40.00
/ mo
Bus Pass
£70.45
/ mo
Housing
House Prices in Coventry
Average price (all types)
£228,780
House prices in Coventry have increased by +3.0% over the past year.
Salaries
Salaries in Coventry
vs UK National Median (£39,039)
Monthly costs
Monthly Cost of Living in Coventry
| Category | Item | Monthly Cost |
|---|---|---|
| Housing | Rent | £883 |
| Housing | Council Tax | £174 |
| Utilities | Energy | £144 |
| Utilities | Water | £35.00 |
| Utilities | Broadband | £40.00 |
| Transport | Transport | £182 |
| Food | Groceries | £246 |
| Leisure | Leisure | £148 |
| Estimated Total | £1,852 |
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
Transport Costs in Coventry
£70.45
£1.40
£182
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Frequently Asked Questions About Living in Coventry
- What is the average house price in Coventry?
- The average house price in Coventry is £228,780, based on HM Land Registry data for 2025-12-01. Detached homes average £376,650, while flats and apartments average £134,850. Prices have risen by +3.0% over the past year.
- What is the average salary in Coventry?
- The median annual salary in Coventry is £36,936, compared to the UK national median of £39,039. This is £2,103 below the national average. Salaries typically range from £25,088 (lower quartile) to £48,510 (upper quartile).
- How much does it cost to rent in Coventry?
- Average monthly rent in Coventry is £883 per month. Rents have increased by +3.8% over the past year.
- Is Coventry an affordable place to live?
- Coventry is reasonably affordable, with rent taking up around 29% 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 £36,936 (approximately £3,078 per month before tax).
- How does Coventry compare to London?
- The average house price in Coventry is £228,780, compared to approximately £551,000 in London. Property in Coventry costs around 42% of London prices, making it £322,220 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 Coventry?
- House prices in Coventry are currently rising, with a +3.0% increase over the past year. The current average price of £228,780 reflects data from 2025-12-01. As with all property markets, past performance does not guarantee future changes.
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