South East
Town
Pop. 280,000Cost of Living in Medway
Kent, England
Average House Price
£432.1k
+49%vs UK avg (£290k)
Median Salary
£40,867
+5%vs UK avg (£39,039)
Average Rent
£1,256/mo
+5%vs UK avg (£1,200)
Quick Facts
Council Tax
£2,342
Band D / yr
Energy
£152
/ mo
Water
£36.00
/ mo
Broadband
£41.00
/ mo
Bus Pass
£82.37
/ mo
Housing
House Prices in Medway
Average Property Prices
Based on Land Registry data for 2025-12-01
Average price (all types)
£432,060
Detached£672,600
Semi-detached£427,500
Terraced£359,100
Flat / Apartment£267,900
House prices in Medway have increased by +4.0% over the past year.
Salaries
Salaries in Medway
Annual Salary
Median and mean gross annual pay
Median£40,867
Mean£46,332
Median hourly rate£19.65/hr
Salary Range
Lower and upper quartile earnings
Lower quartile (25th)£27,918
Upper quartile (75th)£54,945
vs UK National Median (£39,039)
+4.7%£1,828 above national average
Monthly costs
Monthly Cost of Living in Medway
Estimated Monthly Breakdown
What it costs to live in Medway each month, based on averages from ONS and open data sources.
| Category | Item | Monthly Cost |
|---|---|---|
| Housing | Rent | £1,256 |
| Housing | Council Tax | £195 |
| Utilities | Energy | £152 |
| Utilities | Water | £36.00 |
| Utilities | Broadband | £41.00 |
| Transport | Transport | £213 |
| Food | Groceries | £300 |
| Leisure | Leisure | £173 |
| Estimated Total | £2,366 |
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 Medway
Monthly Bus Pass
Standard adult monthly bus pass
£82.37
Fuel per Litre
Average petrol price per litre
£1.64
Monthly Commute
Estimated monthly commuting cost
£213
Compare
Compare Medway with Another Location
See how the cost of living in Medway stacks up against other UK cities and towns.
Or choose any two locations to compareFAQ
Frequently Asked Questions About Living in Medway
- What is the average house price in Medway?
- The average house price in Medway is £432,060, based on HM Land Registry data for 2025-12-01. Detached homes average £672,600, while flats and apartments average £267,900. Prices have risen by +4.0% over the past year.
- What is the average salary in Medway?
- The median annual salary in Medway is £40,867, compared to the UK national median of £39,039. This is £1,828 above the national average, making it a higher-earning area. Salaries typically range from £27,918 (lower quartile) to £54,945 (upper quartile).
- How much does it cost to rent in Medway?
- Average monthly rent in Medway is £1,256 per month. Rents have increased by +3.5% over the past year.
- Is Medway an affordable place to live?
- Medway can be a stretch for those on median earnings. Rent accounts for approximately 37% of the median monthly income, which exceeds the 30% affordability guideline. The average monthly rent is £1,256, while the median annual salary is £40,867 (approximately £3,406 per month before tax).
- How does Medway compare to London?
- The average house price in Medway is £432,060, compared to approximately £551,000 in London. Property in Medway costs around 78% of London prices, making it £118,940 cheaper on average. Rent is also more affordable, at £1,256 per month versus approximately £2,253 in London.
- Are house prices rising or falling in Medway?
- House prices in Medway are currently rising, with a +4.0% increase over the past year. The current average price of £432,060 reflects data from 2025-12-01. As with all property markets, past performance does not guarantee future changes.
Nearby
Nearby Locations
Explore the cost of living in other nearby areas.