Liverpool 'most expensive city' in report on what we spend on bills

Residents spend on average almost £1,500 a month on their bills

Liverpool named 'most expensive city' as report shows how much we spend on bills

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Liverpool residents pay the biggest proportion of their income just to get by compared to other UK cities. Liverpudlians shell out 75.01 percent of their earnings on bills, with average monthly bills amounting to £1,473.90, leaving just £490.93 for discretionary spending.

Norwich residents follow closely, spending 74 percent of their monthly income on bills, which total £1,319.26, leaving them with a meagre £462.49, the lowest disposable income among all cities compared. Birmingham inhabitants also have little left after paying their bills, which total £1,528.24, consuming 72.48 percent of their income, leaving only £580.39 for other expenses.

As expected, Londoners face the heaviest average bills, at £1,807.74, which takes up 71.84 percent of their earnings, leaving them with £708.76 for discretionary spending. Nottingham and Plymouth are the other two cities where residents spend more than 70 percent of their income just to get by, at 71.35 percent and 70.51 percent respectively.

The latest Household Money Index from MoneySuperMarket reveals that earnings have risen across the UK, with more cash available for home repairs, as spending in this area has surged by 40 percent. People also have more disposable income to splurge on TV and music streaming services, with spending in this area skyrocketing by 41 percent.

This is how the cities compare with the proportion of income spent on bills, followed by the amount spent on bills and the disposable cash left over:

Liverpool - 75.01%

£ 1,473.90

£ 490.93

Norwich - 74.00%

£ 1,319.26

£ 463.49

Birmingham - 72.48%

£ 1,528.24

£ 580.39

London - 71.84%

£ 1,807.74

£ 708.76

Nottingham - 71.35%

£ 1,310.52

£ 526.26

Plymouth - 70.51%

£ 1,172.76

£ 490.54

Leeds - 69.87%

£ 1,286.06

£ 554.52

Manchester - 69.52%

£ 1,625.12

£ 712.48

Bristol - 67.49%

£ 1,236.88

£ 595.77

Cardiff - 67.01%

£ 1,381.72

£ 680.25

Glasgow - 64.25%

£ 1,319.28

£ 733.97

Edinburgh - 63.89%

£ 1,342.40

£ 758.58

Newcastle - 63.21%

£ 1,203.44

£ 700.43

Sheffield - 62.58%

£ 1,222.78

£ 731.05

Brighton - 61.08%

£ 1,278.54

£ 814.83

Belfast - 60.28%

£ 1,117.38

£ 736.17

Southampton - 60.03%

£ 1,238.40

£ 824.57

Southampton has been hailed as the top city for value for money in terms of household bills. One local resident has shared her experience of affordable living in the coastal city.

Maddy Alexander-Grout, a mother of two, revealed: "Southampton offers incredible value for money. Our monthly bills total approximately £2,000, which includes our mortgage, utilities, council tax, and other essential expenses.

"This only accounts for roughly 60 percent of our household's monthly income, allowing us to stretch our income much further than we could in other cities. It means we can enjoy more activities without going over budget."

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