South West
Town
Pop. 22,000Cost of Living in Falmouth
Cornwall, England
Average House Price
£285.9k
+1%vs UK avg (£290k)
Median Salary
£37,770
+3%vs UK avg (£39,039)
Average Rent
£1,210/mo
+1%vs UK avg (£1,200)
Quick Facts
Council Tax
£2,215
Band D / yr
Energy
£144
/ mo
Water
£35.00
/ mo
Broadband
£32.00
/ mo
Bus Pass
£69.77
/ mo
Housing
House Prices in Falmouth
Average Property Prices
Based on Land Registry data for 2025-12-01
Average price (all types)
£285,950
Detached£432,250
Semi-detached£275,500
Terraced£237,500
Flat / Apartment£185,250
House prices in Falmouth have increased by 0.0% over the past year.
Salaries
Salaries in Falmouth
Annual Salary
Median and mean gross annual pay
Median£37,770
Mean£42,500
Median hourly rate£18.15/hr
Salary Range
Lower and upper quartile earnings
Lower quartile (25th)£25,800
Upper quartile (75th)£50,000
vs UK National Median (£39,039)
+3.3%£1,269 below national average
Monthly costs
Monthly Cost of Living in Falmouth
Estimated Monthly Breakdown
What it costs to live in Falmouth each month, based on averages from ONS and open data sources.
| Category | Item | Monthly Cost |
|---|---|---|
| Housing | Rent | £1,210 |
| Housing | Council Tax | £185 |
| Utilities | Energy | £144 |
| Utilities | Water | £35.00 |
| Utilities | Broadband | £32.00 |
| Transport | Transport | £180 |
| Food | Groceries | £281 |
| Leisure | Leisure | £147 |
| Estimated Total | £2,214 |
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 Falmouth
Monthly Bus Pass
Standard adult monthly bus pass
£69.77
Fuel per Litre
Average petrol price per litre
£1.39
Monthly Commute
Estimated monthly commuting cost
£180
Compare
Compare Falmouth with Another Location
See how the cost of living in Falmouth stacks up against other UK cities and towns.
Or choose any two locations to compareFAQ
Frequently Asked Questions About Living in Falmouth
- What is the average house price in Falmouth?
- The average house price in Falmouth is £285,950, based on HM Land Registry data for 2025-12-01. Detached homes average £432,250, while flats and apartments average £185,250. Prices have risen by 0.0% over the past year.
- What is the average salary in Falmouth?
- The median annual salary in Falmouth is £37,770, compared to the UK national median of £39,039. This is £1,269 below the national average. Salaries typically range from £25,800 (lower quartile) to £50,000 (upper quartile).
- How much does it cost to rent in Falmouth?
- Average monthly rent in Falmouth is £1,210 per month. Rents have increased by +5.2% over the past year.
- Is Falmouth an affordable place to live?
- Falmouth can be a stretch for those on median earnings. Rent accounts for approximately 38% of the median monthly income, which exceeds the 30% affordability guideline. The average monthly rent is £1,210, while the median annual salary is £37,770 (approximately £3,148 per month before tax).
- How does Falmouth compare to London?
- The average house price in Falmouth is £285,950, compared to approximately £551,000 in London. Property in Falmouth costs around 52% of London prices, making it £265,050 cheaper on average. Rent is also more affordable, at £1,210 per month versus approximately £2,253 in London.
- Are house prices rising or falling in Falmouth?
- House prices in Falmouth are currently rising, with a 0.0% increase over the past year. The current average price of £285,950 reflects data from 2025-12-01. As with all property markets, past performance does not guarantee future changes.
Nearby
Nearby Locations
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