Pay vs Place

Where can you afford to live on £60,000?

On £60,000 a year before tax, a typical lender would lend enough for a home costing up to about £300,000, and you could rent up to about £1,750 a month while keeping rent to 35% of income.

Areas you could buy in
168 of 316
where the typical home sold costs £300,000 or less (53%)
Areas you could rent in
279 of 316
where the average rent is £1,750 a month or less (88%)

What the numbers say

Assuming a 10% deposit and borrowing of 4.5 times income, £60,000 meets a lender's test for the typical home sold in 168 of 316 areas (53%). The regions where the most areas fit are Yorkshire and The Humber (15 of 15), North East (12 of 12), Wales (21 of 22). None of the areas in London fit.

For renting, 279 of 316 areas have an average rent within £1,750 a month, which is 88%. Rent is easier to meet than a mortgage test in most places, because it does not need a deposit.

Change the numbers in the calculator to add your deposit, pick a type of home, or filter by region and crime.

Areas where you could buy on £60,000

Typical home price across all property types. Most expensive first.

Area Region Typical home price Average rent a month Recorded crime per 1,000 residents
Cheshire East North West £300,000 £985 61.0
Exeter South West £300,000 £1,318 96.1
South Norfolk East of England £300,000 £981 41.7
York Yorkshire and The Humber £300,000 £1,199 65.7
North Norfolk East of England £295,000 £865 42.0
West Northamptonshire East Midlands £295,000 £1,084 71.0
Teignbridge South West £293,500 £961 46.3
Thanet South East £292,750 £1,118 103.4
West Devon South West £291,250 £846 46.3
Herefordshire West Midlands £290,000 £821 50.4
South Staffordshire West Midlands £290,000 £958 50.8
Dover South East £289,000 £1,021 76.4
North Devon South West £286,250 £846 55.3
Vale of Glamorgan Wales £286,000 £982 60.9
Cornwall South West £285,000 £1,000 62.7
East Suffolk East of England £285,000 £842 49.4
Rugby West Midlands £285,000 £1,049 55.1
West Suffolk East of England £285,000 £1,183 46.6
Blaby East Midlands £284,500 £998 59.2
Mid Devon South West £282,500 £878 45.6
Somerset South West £282,000 £1,016 84.1
Hastings South East £280,000 £1,007 110.0
Shropshire West Midlands £278,000 £823 47.6
Oadby and Wigston East Midlands £277,250 £1,024 53.6
Charnwood East Midlands £275,000 £960 67.9
Eastbourne South East £275,000 £1,169 110.3
Forest of Dean South West £275,000 £828 46.6
Swindon South West £275,000 £1,096 69.6
Tendring East of England £273,000 £1,053 79.7
Cardiff Wales £272,000 £1,177 93.8
King's Lynn and West Norfolk East of England £270,000 £941 57.3
Ribble Valley North West £270,000 £818 39.1
Torridge South West £270,000 £789 55.3
North Yorkshire Yorkshire and The Humber £269,950 £849 47.4
Melton East Midlands £269,000 £806 56.8
Cheshire West and Chester North West £266,250 £991 66.8
High Peak East Midlands £265,000 £937 59.1
North Warwickshire West Midlands £265,000 £982 61.3
North West Leicestershire East Midlands £265,000 £914 59.2
South Kesteven East Midlands £265,000 £845 52.9
Warrington North West £265,000 £899 70.4
Redditch West Midlands £262,250 £976 63.8
Breckland East of England £260,000 £928 49.1
Hinckley and Bosworth East Midlands £260,000 £934 59.5
Manchester North West £260,000 £1,373 142.7
Portsmouth South East £260,000 £1,368 112.8
Southampton South East £260,000 £1,257 120.1
Isle of Wight South East £259,475 £951 76.0
North Northamptonshire East Midlands £258,000 £992 68.8
Gosport South East £257,500 £1,169 71.8
Stafford West Midlands £257,000 £901 63.7
Worcester West Midlands £255,000 £977 63.6
Gloucester South West £254,000 £1,116 107.3
Wyre Forest West Midlands £252,750 £825 63.8
Broxtowe East Midlands £252,250 £942 53.2
Gedling East Midlands £250,000 £904 53.2
Leeds Yorkshire and The Humber £250,000 £1,145 114.6
Powys Wales £250,000 £621 55.2
South Derbyshire East Midlands £250,000 £882 52.7
Tamworth West Midlands £250,000 £925 67.8
West Lancashire North West £250,000 £805 48.6
North East Derbyshire East Midlands £249,500 £791 54.9
Bury North West £247,500 £969 92.1
Leicester East Midlands £245,000 £1,023 110.0
Torbay South West £245,000 £920 93.4
Birmingham West Midlands £240,000 £1,099 114.2
Dudley West Midlands £240,000 £858 74.5
Fylde North West £240,000 £870 53.5
Ipswich East of England £240,000 £995 90.5
Newark and Sherwood East Midlands £240,000 £818 68.4
North Kesteven East Midlands £240,000 £824 39.1
Peterborough East of England £240,000 £1,012 106.3
Westmorland and Furness North West £240,000 £816 66.0
East Staffordshire West Midlands £239,973 £858 65.2
Ceredigion Wales £235,000 £723 55.1
Newport Wales £235,000 £959 109.4
Norwich East of England £235,000 £1,142 108.8
Nuneaton and Bedworth West Midlands £235,000 £925 81.3
Salford North West £235,000 £1,170 105.8
South Holland East Midlands £235,000 £775 60.5
Chorley North West £230,000 £798 58.6
Coventry West Midlands £230,000 £1,020 88.4
Fenland East of England £230,000 £842 74.8
Isle of Anglesey Wales £230,000 £714 56.5
Sefton North West £230,000 £938 75.5
West Lindsey East Midlands £230,000 £741 62.0
Wirral North West £230,000 £859 71.1
Telford and Wrekin West Midlands £229,975 £861 73.0
Staffordshire Moorlands West Midlands £228,750 £728 55.5
Plymouth South West £228,000 £1,004 93.1
Amber Valley East Midlands £225,000 £799 68.3
Cannock Chase West Midlands £225,000 £867 72.2
Pembrokeshire Wales £225,000 £694 72.3
Sandwell West Midlands £225,000 £953 95.9
Walsall West Midlands £225,000 £924 92.9
Wolverhampton West Midlands £225,000 £945 92.0
East Riding of Yorkshire Yorkshire and The Humber £224,500 £724 51.4
Bridgend Wales £220,000 £763 70.1
Erewash East Midlands £220,000 £834 74.3
Great Yarmouth East of England £220,000 £841 96.2
South Ribble North West £220,000 £805 56.7
Tameside North West £217,750 £931 96.5
Conwy Wales £215,000 £796 81.9
Derby East Midlands £215,000 £860 111.5
Flintshire Wales £215,000 £811 63.5
Kirklees Yorkshire and The Humber £215,000 £782 87.6
Oldham North West £215,000 £942 106.6
Sheffield Yorkshire and The Humber £215,000 £931 96.9
Bassetlaw East Midlands £214,500 £727 80.0
North Tyneside North East £212,250 £857 81.8
East Lindsey East Midlands £210,150 £704 71.0
Rochdale North West £210,000 £855 104.6
Northumberland North East £207,500 £695 69.3
Bolton North West £205,000 £894 98.0
Denbighshire Wales £205,000 £718 94.7
Newcastle upon Tyne North East £205,000 £1,215 107.4
Wakefield Yorkshire and The Humber £205,000 £806 105.8
Boston East Midlands £202,500 £806 88.4
Newcastle-under-Lyme West Midlands £202,000 £833 70.5
Swansea Wales £202,000 £852 74.2
Carmarthenshire Wales £200,000 £687 66.0
Chesterfield East Midlands £200,000 £758 100.8
Gwynedd Wales £200,000 £724 69.7
Lancaster North West £200,000 £823 72.9
Nottingham East Midlands £200,000 £1,014 124.9
Preston North West £200,000 £790 98.6
Wigan North West £200,000 £746 91.0
Wrexham Wales £200,000 £770 83.1
Mansfield East Midlands £195,750 £790 92.5
Ashfield East Midlands £195,000 £795 79.6
Caerphilly Wales £195,000 £747 85.3
Calderdale Yorkshire and The Humber £195,000 £756 103.4
Knowsley North West £195,000 £858 81.8
Rotherham Yorkshire and The Humber £195,000 £686 93.1
Halton North West £194,500 £749 84.7
Torfaen Wales £193,000 £862 102.5
Wyre North West £193,000 £743 58.4
St. Helens North West £192,500 £807 86.3
Bradford Yorkshire and The Humber £190,000 £745 117.0
Lincoln East Midlands £190,000 £942 116.6
Liverpool North West £190,000 £913 124.1
Rossendale North West £189,000 £811 66.2
Barnsley Yorkshire and The Humber £180,000 £696 95.1
Bolsover East Midlands £180,000 £706 67.9
Doncaster Yorkshire and The Humber £180,000 £694 117.2
Stockton-on-Tees North East £180,000 £735 107.9
North Lincolnshire Yorkshire and The Humber £176,000 £653 77.7
Cumberland North West £175,000 £681 74.3
Darlington North East £168,500 £689 91.0
Blackburn with Darwen North West £167,250 £714 84.2
Neath Port Talbot Wales £165,000 £690 67.3
Redcar and Cleveland North East £165,000 £644 109.0
South Tyneside North East £165,000 £743 96.6
Rhondda Cynon Taf Wales £164,998 £754 76.5
Gateshead North East £162,500 £804 87.8
Middlesbrough North East £160,000 £698 149.9
North East Lincolnshire Yorkshire and The Humber £160,000 £643 115.9
Stoke-on-Trent West Midlands £160,000 £715 111.0
Hartlepool North East £154,000 £558 134.2
Pendle North West £152,000 £670 70.5
Sunderland North East £150,000 £707 93.6
County Durham North East £145,000 £650 91.0
Merthyr Tydfil Wales £145,000 £754 76.5
Hyndburn North West £144,475 £648 96.9
Burnley North West £141,500 £631 107.5
Blackpool North West £140,000 £719 145.8
Blaenau Gwent Wales £140,000 £681 114.5
Kingston upon Hull Yorkshire and The Humber £140,000 £694 121.5
Estimates using the typical price or rent for each whole local authority area, not a particular street or town. Buying assumes a lender willing to lend 4.5 times income and a deposit of at least 10%. Renting assumes rent of up to 35% of gross income. Real lending and rents depend on your circumstances. This is not financial advice.

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