Pay vs Place

Bristol vs Cornwall: buying or renting a home

A typical terraced house costs £150,000 (65%) more in Bristol than in Cornwall. Measured against local pay, buying is harder in Bristol: it takes 9.6× median annual pay, against 6.6× in Cornwall.

Bristol, terraced
£380,000
Income typically needed: £76,000
Median full-time pay: £39,509
Cornwall, terraced
£230,000
Income typically needed: £46,000
Median full-time pay: £35,002

At a glance

Bristol Cornwall
Buying a home Expensive Expensive
Renting a home Very expensive Expensive
Recorded crime High About average

Buying rates the typical price of all homes against median pay; renting rates a year of average rent against median pay; crime rates recorded crime per resident against the England and Wales average.

What the numbers say

Median full-time pay in Cornwall (£35,002) is 11% lower than in Bristol (£39,509), while a typical terraced house costs 39% less (£230,000 against £380,000). Set against local pay, Cornwall is the easier of the two for a typical earner to buy in.

Buying a terraced house takes 9.6× annual pay in Bristol and 6.6× in Cornwall. Renting one takes 61% of pay in Bristol and 35% in Cornwall. Both are harder in Bristol, and the gap is wider for renting.

Across all property types and measured against pay, Bristol is the 99th most expensive of 316 areas to buy in, and Cornwall is around the middle of 316 areas (136th most expensive). For renting against pay, Bristol is the 14th most expensive of 316 areas and Cornwall is around the middle of 316 areas (142nd most expensive).

Someone on £40,000 in Bristol would need about £24,000 in Cornwall to be equally placed to buy a terraced house, and about £20,500 to be equally placed to rent one. Keeping the same pay after a move to Cornwall would leave you better placed to buy. These figures compare housing costs only; they ignore other living costs and the pay you could earn in a new job.

Police recorded 131.0 crimes per 1,000 residents in Bristol and 62.7 in Cornwall, so recorded crime per resident is 52% lower in Cornwall. The biggest difference is in vehicle offences: 9.8 per 1,000 in Bristol against 1.6 in Cornwall.

Can a typical earner buy?

Terraced house Bristol Cornwall
Median full-time pay £39,509 £35,002
House price ÷ pay 9.6× 6.6×
Median pay as a share of income typically needed to buy 52% 76%
Rent a year as a share of median pay 61% 35%

Buying, by property type

Type Bristol Cornwall Difference
Detached £536,500 £399,950 -25% in Cornwall
Semi-detached £370,000 £265,000 -28% in Cornwall
Terraced £380,000 £230,000 -39% in Cornwall
Flat £265,000 £175,000 -34% in Cornwall

Renting, by property type

Type (average rent a month) Bristol Cornwall Difference
Detached £2,106 £1,278 -39% in Cornwall
Semi-detached £2,091 £1,070 -49% in Cornwall
Terraced £2,008 £1,033 -49% in Cornwall
Flat £1,508 £810 -46% in Cornwall

Crime

Police recorded 131.0 crimes per 1,000 residents in Bristol and 62.7 in Cornwall, so recorded crime per resident is 52% lower in Cornwall.

Police recorded crime per 1,000 residents Bristol Cornwall Difference
All recorded crime (excluding fraud) 131.0 62.7 -52% in Cornwall
Violence against the person 47.4 29.7 -37% in Cornwall
Sexual offences 5.2 3.5 -32% in Cornwall
Robbery 3.0 0.3 -89% in Cornwall
Residential burglary (per 1,000 households) 9.2 2.6 -72% in Cornwall
Vehicle offences 9.8 1.6 -84% in Cornwall
Theft from the person 0.8 0.3 -59% in Cornwall
Criminal damage and arson 10.7 7.5 -30% in Cornwall

Rates use resident population, so city centres and student areas show higher crime per resident than residents experience. Recorded crime also depends on reporting and police recording practice.

How prices have changed in each area

Average house price for all property types, indexed so that 2005 is 100. A line at 200 means prices have doubled.

Bristol: 227Cornwall: 156
House prices in Bristol and Cornwall since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Bristol now 227, Cornwall now 156.5010015020025020052010201520202025House prices in Bristol and Cornwall since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Bristol now 227, Cornwall now 156.5010015020025020102020
Show the figures
YearBristolCornwall
2005100100
2006108105
2007121114
2008116110
200910399
2010112106
2011112104
2012114103
2013118104
2014131107
2015144112
2016164114
2017173118
2018180124
2019182126
2020189131
2021201144
2022222163
2023225164
2024224159
2025227156
12 months to July 2026227156

In 2005 the average home cost £154,224 in Bristol and £178,433 in Cornwall. Now it is £350,147 and £278,852: Bristol is up 127% and Cornwall is up 56%. Prices have risen faster in Bristol, so the gap between the two has narrowed.

Buying a home against local pay, over time

Average house price divided by median full-time pay. Higher means harder to afford.

Bristol: 8.9 years of payCornwall: 7.9 years of pay
Years of median pay needed to buy the average home in Bristol and CornwallBristol now 8.9, Cornwall now 7.9 years of pay.0×2.5×5×7.5×10×20052010201520202025Years of median pay needed to buy the average home in Bristol and CornwallBristol now 8.9, Cornwall now 7.9 years of pay.0×2.5×5×7.5×10×20052010201520202025
Show the figures
YearBristolCornwall
20057.0 years of pay9.4 years of pay
20106.8 years of pay8.6 years of pay
20158.1 years of pay8.6 years of pay
20209.0 years of pay8.6 years of pay
20258.9 years of pay7.9 years of pay

In 2005 a home cost 7.0 years of pay in Bristol and 9.4 years in Cornwall. In 2025 it was 8.9 years and 7.9 years.

Affordability has worsened more in Bristol over that time.

How rents have changed in each area

Average monthly rent for all property types, indexed so that 2015 is 100.

Bristol: 177Cornwall: 147
Rents in Bristol and Cornwall since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Bristol now 177, Cornwall now 147.100120140160180201620182020202220242026Rents in Bristol and Cornwall since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Bristol now 177, Cornwall now 147.100120140160180201520202025
Show the figures
YearBristolCornwall
2015100100
2016108101
2017115103
2018118106
2019120109
2020125112
2021131114
2022143119
2023155127
2024165133
2025168143
August 2026177147

In 2015 the average rent was £1,064 a month in Bristol and £678 in Cornwall. Now it is £1,883 and £1,000: up 77% in Bristol and up 47% in Cornwall. Rents have risen faster in Bristol.

What your salary is worth in each area

Salary needed to afford the same kind of home (terraced), going by median prices and average rents.

Moving from Bristol to Cornwall

Earning in Bristol Equivalent to buy in Cornwall Equivalent to rent in Cornwall
£30,000 £18,000 £15,500
£40,000 £24,000 £20,500
£50,000 £30,500 £25,500
£60,000 £36,500 £31,000

Moving from Cornwall to Bristol

Earning in Cornwall Equivalent to buy in Bristol Equivalent to rent in Bristol
£30,000 £49,500 £58,500
£40,000 £66,000 £78,000
£50,000 £82,500 £97,000
£60,000 £99,000 £116,500
Prices are medians for each property type over the last 12 months of registered sales; types with fewer than 100 sales in either area are left out. Rents are ONS averages for the area. Pay is the median for full-time employees living in the area, before tax. Income needed is illustrative: it assumes a 10% deposit and a lender willing to lend 4.5 times income. Real lending depends on your circumstances. Salary equivalents compare housing costs only, not other living costs, tax or the pay you could earn in a new job.

All Bristol figures · All Cornwall figures