East of England
Town
Pop. 137,000Cost of Living in Ipswich
Suffolk, England
Average House Price
£344.8k
+19%vs UK avg (£290k)
Median Salary
£38,490
+1%vs UK avg (£39,039)
Average Rent
£1,267/mo
+6%vs UK avg (£1,200)
Quick Facts
Council Tax
£2,081
Band D / yr
Energy
£145
/ mo
Water
£34.00
/ mo
Broadband
£39.00
/ mo
Bus Pass
£77.11
/ mo
Housing
House Prices in Ipswich
Average Property Prices
Based on Land Registry data for 2025-12-01
Average price (all types)
£344,760
Detached£515,100
Semi-detached£341,700
Terraced£285,600
Flat / Apartment£204,000
House prices in Ipswich have increased by +2.0% over the past year.
Salaries
Salaries in Ipswich
Annual Salary
Median and mean gross annual pay
Median£38,490
Mean£43,747
Median hourly rate£18.58/hr
Salary Range
Lower and upper quartile earnings
Lower quartile (25th)£26,384
Upper quartile (75th)£51,895
vs UK National Median (£39,039)
+1.4%£549 below national average
Monthly costs
Monthly Cost of Living in Ipswich
Estimated Monthly Breakdown
What it costs to live in Ipswich each month, based on averages from ONS and open data sources.
| Category | Item | Monthly Cost |
|---|---|---|
| Housing | Rent | £1,267 |
| Housing | Council Tax | £173 |
| Utilities | Energy | £145 |
| Utilities | Water | £34.00 |
| Utilities | Broadband | £39.00 |
| Transport | Transport | £199 |
| Food | Groceries | £281 |
| Leisure | Leisure | £162 |
| Estimated Total | £2,300 |
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 Ipswich
Monthly Bus Pass
Standard adult monthly bus pass
£77.11
Fuel per Litre
Average petrol price per litre
£1.53
Monthly Commute
Estimated monthly commuting cost
£199
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Or choose any two locations to compareFAQ
Frequently Asked Questions About Living in Ipswich
- What is the average house price in Ipswich?
- The average house price in Ipswich is £344,760, based on HM Land Registry data for 2025-12-01. Detached homes average £515,100, while flats and apartments average £204,000. Prices have risen by +2.0% over the past year.
- What is the average salary in Ipswich?
- The median annual salary in Ipswich is £38,490, compared to the UK national median of £39,039. This is £549 below the national average. Salaries typically range from £26,384 (lower quartile) to £51,895 (upper quartile).
- How much does it cost to rent in Ipswich?
- Average monthly rent in Ipswich is £1,267 per month. Rents have increased by +5.8% over the past year.
- Is Ipswich an affordable place to live?
- Ipswich can be a stretch for those on median earnings. Rent accounts for approximately 40% of the median monthly income, which exceeds the 30% affordability guideline. The average monthly rent is £1,267, while the median annual salary is £38,490 (approximately £3,208 per month before tax).
- How does Ipswich compare to London?
- The average house price in Ipswich is £344,760, compared to approximately £551,000 in London. Property in Ipswich costs around 63% of London prices, making it £206,240 cheaper on average. Rent is also more affordable, at £1,267 per month versus approximately £2,253 in London.
- Are house prices rising or falling in Ipswich?
- House prices in Ipswich are currently rising, with a +2.0% increase over the past year. The current average price of £344,760 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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