Cost of Living in Wolverhampton
West Midlands, England
Average House Price
£273.1k
+6%vs UK avg (£290k)
Median Salary
£39,951
+2%vs UK avg (£39,039)
Average Rent
£883/mo
+26%vs UK avg (£1,200)
Quick Facts
Council Tax
£2,090
Band D / yr
Energy
£144
/ mo
Water
£35.00
/ mo
Broadband
£38.00
/ mo
Bus Pass
£69.08
/ mo
Housing
House Prices in Wolverhampton
Average price (all types)
£273,060
House prices in Wolverhampton have increased by +1.0% over the past year.
Salaries
Salaries in Wolverhampton
vs UK National Median (£39,039)
Monthly costs
Monthly Cost of Living in Wolverhampton
| Category | Item | Monthly Cost |
|---|---|---|
| Housing | Rent | £883 |
| Housing | Council Tax | £174 |
| Utilities | Energy | £144 |
| Utilities | Water | £35.00 |
| Utilities | Broadband | £38.00 |
| Transport | Transport | £178 |
| Food | Groceries | £246 |
| Leisure | Leisure | £145 |
| Estimated Total | £1,844 |
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 Wolverhampton
£69.08
£1.37
£178
Compare
Compare Wolverhampton with Another Location
See how the cost of living in Wolverhampton stacks up against other UK cities and towns.
FAQ
Frequently Asked Questions About Living in Wolverhampton
- What is the average house price in Wolverhampton?
- The average house price in Wolverhampton is £273,060, based on HM Land Registry data for 2025-12-01. Detached homes average £449,550, while flats and apartments average £160,950. Prices have risen by +1.0% over the past year.
- What is the average salary in Wolverhampton?
- The median annual salary in Wolverhampton is £39,951, compared to the UK national median of £39,039. This is £912 above the national average, making it a higher-earning area. Salaries typically range from £27,136 (lower quartile) to £52,470 (upper quartile).
- How much does it cost to rent in Wolverhampton?
- Average monthly rent in Wolverhampton is £883 per month. Rents have increased by +3.8% over the past year.
- Is Wolverhampton an affordable place to live?
- Wolverhampton is reasonably affordable, with rent taking up around 27% of the median monthly income. This is close to, but within, the 30% affordability threshold. The average monthly rent is £883, while the median annual salary is £39,951 (approximately £3,329 per month before tax).
- How does Wolverhampton compare to London?
- The average house price in Wolverhampton is £273,060, compared to approximately £551,000 in London. Property in Wolverhampton costs around 50% of London prices, making it £277,940 cheaper on average. Rent is also more affordable, at £883 per month versus approximately £2,253 in London.
- Are house prices rising or falling in Wolverhampton?
- House prices in Wolverhampton are currently rising, with a +1.0% increase over the past year. The current average price of £273,060 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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