Cost of Living in Wakefield
West Yorkshire, England
Average House Price
£218.4k
+25%vs UK avg (£290k)
Median Salary
£36,720
+6%vs UK avg (£39,039)
Average Rent
£867/mo
+28%vs UK avg (£1,200)
Quick Facts
Council Tax
£2,048
Band D / yr
Energy
£144
/ mo
Water
£35.00
/ mo
Broadband
£32.00
/ mo
Bus Pass
£62.93
/ mo
Housing
House Prices in Wakefield
Average price (all types)
£218,400
House prices in Wakefield have increased by 0.0% over the past year.
Salaries
Salaries in Wakefield
vs UK National Median (£39,039)
Monthly costs
Monthly Cost of Living in Wakefield
| Category | Item | Monthly Cost |
|---|---|---|
| Housing | Rent | £867 |
| Housing | Council Tax | £171 |
| Utilities | Energy | £144 |
| Utilities | Water | £35.00 |
| Utilities | Broadband | £32.00 |
| Transport | Transport | £163 |
| Food | Groceries | £253 |
| Leisure | Leisure | £132 |
| Estimated Total | £1,797 |
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 Wakefield
£62.93
£1.25
£163
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Frequently Asked Questions About Living in Wakefield
- What is the average house price in Wakefield?
- The average house price in Wakefield is £218,400, based on HM Land Registry data for 2025-12-01. Detached homes average £367,500, while flats and apartments average £131,250. Prices have risen by 0.0% over the past year.
- What is the average salary in Wakefield?
- The median annual salary in Wakefield is £36,720, compared to the UK national median of £39,039. This is £2,319 below the national average. Salaries typically range from £25,000 (lower quartile) to £48,500 (upper quartile).
- How much does it cost to rent in Wakefield?
- Average monthly rent in Wakefield is £867 per month. Rents have increased by +6.8% over the past year.
- Is Wakefield an affordable place to live?
- Wakefield is reasonably affordable, with rent taking up around 28% of the median monthly income. This is close to, but within, the 30% affordability threshold. The average monthly rent is £867, while the median annual salary is £36,720 (approximately £3,060 per month before tax).
- How does Wakefield compare to London?
- The average house price in Wakefield is £218,400, compared to approximately £551,000 in London. Property in Wakefield costs around 40% of London prices, making it £332,600 cheaper on average. Rent is also more affordable, at £867 per month versus approximately £2,253 in London.
- Are house prices rising or falling in Wakefield?
- House prices in Wakefield are currently rising, with a 0.0% increase over the past year. The current average price of £218,400 reflects data from 2025-12-01. As with all property markets, past performance does not guarantee future changes.
Nearby
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