How much does it cost to live in Birmingham?

Typical monthly costs in Birmingham are approximately £850 in rent and £1,000 in other expenses, totalling around £1,850/month.

How much should I save in Birmingham?

Based on ONS Living Costs & Food Survey FYE2024, people at mid-range incomes in United Kingdom typically save 12–20% of gross income. In a moderate cost city like Birmingham, housing costs can reduce this, particularly for renters.

Birmingham · GBP · moderate cost city

Cost of living in Birmingham — is your salary enough?

Birmingham median rent is around £850/month, one of the lowest among UK major cities. Birmingham's low housing costs allow mid-income earners to save above the UK benchmark for their income level.

Rent in Birmingham

Budget£600 – £750/mo

Typical£850 – £1,000/mo

Premium£1,100+/mo

Other monthly costs

Food, transport, bills, going out~£1,000/mo

Total typical monthly spend~£1,850/mo

How different incomes stack up

At typical Birmingham costs (£850 rent)

£25,000 – £35,000→ saving 5.1%

Under-Saving

£35,000 – £50,000→ saving 33%

Ahead

£50,000 – £70,000→ saving 46.4%

Ahead

See your personal verdict for Birmingham

Country

Annual income (gross)£42,500

£10,000£155,000£300,000+

Monthly rent or mortgage£850/mo

£0£4,000£8,000+

Other monthly expenses

Food, transport, subscriptions, going out — everything except rent

£1,400/mo

£0£3,000£6,000+

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Cost figures are estimates based on reported median rents and typical spending patterns. Savings benchmarks from ONS Living Costs & Food Survey FYE2024. Figures in GBP.

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Also in the Verdict suite

SalaryVerdict — Is your Birmingham salary competitive?SpendVerdict — Is your Birmingham rent too high?