How much does it cost to live in Oxford?

Typical monthly costs in Oxford are approximately £1,700 in rent and £1,300 in other expenses, totalling around £3,000/month.

How much should I save in Oxford?

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 very high cost city like Oxford, housing costs can reduce this, particularly for renters.

Oxford · GBP · very high cost city

Cost of living in Oxford — is your salary enough?

Oxford median rent is around £1,700/month — driven by university demand and proximity to London it is the most expensive city outside the capital. Oxford renters face London-adjacent housing costs without London salaries for most workers outside academia and tech.

Rent in Oxford

Budget£1,300 – £1,550/mo

Typical£1,700 – £1,950/mo

Premium£2,200+/mo

Other monthly costs

Food, transport, bills, going out~£1,300/mo

Total typical monthly spend~£3,000/mo

How different incomes stack up

At typical Oxford costs (£1,700 rent)

£25,000 – £35,000→ saving -53.8%

Critical

£35,000 – £50,000→ saving -8.6%

Critical

£50,000 – £70,000→ saving 13%

Falling Behind

See your personal verdict for Oxford

Country

Annual income (gross)£42,500

£10,000£155,000£300,000+

Monthly rent or mortgage£1,700/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+

Age (optional — improves benchmark)

Do you invest regularly? (optional)

No signup required. Results are instant and private.

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.

Check your savings rate in Oxford →

Compare nearby cities

London Bristol Cambridge

Also in the Verdict suite

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