Cost of Living in Newark-on-Trent
Nottinghamshire, England
Average House Price
£275.7k
+5%vs UK avg (£290k)
Median Salary
£39,312
+1%vs UK avg (£39,039)
Average Rent
£853/mo
+29%vs UK avg (£1,200)
Quick Facts
Council Tax
£2,030
Band D / yr
Energy
£142
/ mo
Water
£34.00
/ mo
Broadband
£40.00
/ mo
Bus Pass
£68.97
/ mo
Housing
House Prices in Newark-on-Trent
Average price (all types)
£275,720
House prices in Newark-on-Trent have increased by +3.0% over the past year.
Salaries
Salaries in Newark-on-Trent
vs UK National Median (£39,039)
Monthly costs
Monthly Cost of Living in Newark-on-Trent
| Category | Item | Monthly Cost |
|---|---|---|
| Housing | Rent | £853 |
| Housing | Council Tax | £169 |
| Utilities | Energy | £142 |
| Utilities | Water | £34.00 |
| Utilities | Broadband | £40.00 |
| Transport | Transport | £178 |
| Food | Groceries | £246 |
| Leisure | Leisure | £145 |
| Estimated Total | £1,807 |
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 Newark-on-Trent
£68.97
£1.37
£178
Compare
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See how the cost of living in Newark-on-Trent stacks up against other UK cities and towns.
FAQ
Frequently Asked Questions About Living in Newark-on-Trent
- What is the average house price in Newark-on-Trent?
- The average house price in Newark-on-Trent is £275,720, based on HM Land Registry data for 2025-12-01. Detached homes average £429,400, while flats and apartments average £152,550. Prices have risen by +3.0% over the past year.
- What is the average salary in Newark-on-Trent?
- The median annual salary in Newark-on-Trent is £39,312, compared to the UK national median of £39,039. This is £273 above the national average, making it a higher-earning area. Salaries typically range from £26,784 (lower quartile) to £51,840 (upper quartile).
- How much does it cost to rent in Newark-on-Trent?
- Average monthly rent in Newark-on-Trent is £853 per month. Rents have increased by +5.5% over the past year.
- Is Newark-on-Trent an affordable place to live?
- Newark-on-Trent is reasonably affordable, with rent taking up around 26% of the median monthly income. This is close to, but within, the 30% affordability threshold. The average monthly rent is £853, while the median annual salary is £39,312 (approximately £3,276 per month before tax).
- How does Newark-on-Trent compare to London?
- The average house price in Newark-on-Trent is £275,720, compared to approximately £551,000 in London. Property in Newark-on-Trent costs around 50% of London prices, making it £275,280 cheaper on average. Rent is also more affordable, at £853 per month versus approximately £2,253 in London.
- Are house prices rising or falling in Newark-on-Trent?
- House prices in Newark-on-Trent are currently rising, with a +3.0% increase over the past year. The current average price of £275,720 reflects data from 2025-12-01. As with all property markets, past performance does not guarantee future changes.
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