Pay vs Place

Cornwall vs West Devon: buying or renting a home

A typical terraced house costs £5,000 (2%) more in Cornwall than in West Devon. Measured against local pay, buying is harder in Cornwall: it takes 6.6× median annual pay, against 5.8× in West Devon.

Cornwall, terraced
£230,000
Income typically needed: £46,000
Median full-time pay: £35,002
West Devon, terraced
£225,000
Income typically needed: £45,000
Median full-time pay: £38,638

At a glance

Cornwall West Devon
Buying a home Expensive Fairly affordable
Renting a home Expensive Fairly affordable
Recorded crime About average Low

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 West Devon (£38,638) is 10% higher than in Cornwall (£35,002), while a typical terraced house costs 2% less (£225,000 against £230,000). Set against local pay, West Devon is the easier of the two for a typical earner to buy in.

Buying a terraced house takes 6.6× annual pay in Cornwall and 5.8× in West Devon. Renting one takes 35% of pay in Cornwall and 26% in West Devon. Both are harder in Cornwall, and the gap is wider for renting.

Across all property types and measured against pay, Cornwall is around the middle of 316 areas (136th most expensive) to buy in, and West Devon is around the middle of 316 areas (162nd most expensive). For renting against pay, Cornwall is around the middle of 316 areas (142nd most expensive) and West Devon is the 55th least expensive of 316 areas.

Someone on £40,000 in Cornwall would need about £39,000 in West Devon to be equally placed to buy a terraced house, and about £32,500 to be equally placed to rent one. Keeping the same pay after a move to West Devon 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 62.7 crimes per 1,000 residents in Cornwall and 46.3 in West Devon, so recorded crime per resident is 26% lower in West Devon. The biggest difference is in criminal damage and arson: 7.5 per 1,000 in Cornwall against 4.9 in West Devon.

Can a typical earner buy?

Terraced house Cornwall West Devon
Median full-time pay £35,002 £38,638
House price ÷ pay 6.6× 5.8×
Median pay as a share of income typically needed to buy 76% 86%
Rent a year as a share of median pay 35% 26%

Buying, by property type

Type Cornwall West Devon Difference
Detached £399,950 £440,000 +10% in West Devon
Semi-detached £265,000 £281,000 +6% in West Devon
Terraced £230,000 £225,000 -2% in West Devon

Renting, by property type

Type (average rent a month) Cornwall West Devon Difference
Detached £1,278 £1,148 -10% in West Devon
Semi-detached £1,070 £912 -15% in West Devon
Terraced £1,033 £843 -18% in West Devon

Crime

Police recorded 62.7 crimes per 1,000 residents in Cornwall and 46.3 in West Devon, so recorded crime per resident is 26% lower in West Devon.

Police recorded crime per 1,000 residents Cornwall West Devon Difference
All recorded crime (excluding fraud) 62.7 46.3 -26% in West Devon
Violence against the person 29.7 21.8 -27% in West Devon
Sexual offences 3.5 2.6 -25% in West Devon
Robbery 0.3 0.2 -41% in West Devon
Residential burglary (per 1,000 households) 2.6 2.4 -8% in West Devon
Vehicle offences 1.6 1.3 -19% in West Devon
Theft from the person 0.3 0.2 -39% in West Devon
Criminal damage and arson 7.5 4.9 -35% in West Devon

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.

Cornwall: 156West Devon: 156
House prices in Cornwall and West Devon since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Cornwall now 156, West Devon now 156.8010012014016018020052010201520202025House prices in Cornwall and West Devon since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Cornwall now 156, West Devon now 156.8010012014016018020102020
Show the figures
YearCornwallWest Devon
2005100100
2006105105
2007114112
2008110109
20099998
2010106102
2011104101
2012103104
2013104102
2014107105
2015112111
2016114115
2017118119
2018124124
2019126128
2020131129
2021144140
2022163153
2023164154
2024159150
2025156154
12 months to July 2026156156

In 2005 the average home cost £178,433 in Cornwall and £189,867 in West Devon. Now it is £278,852 and £296,134: Cornwall is up 56% and West Devon is up 56%.

Buying a home against local pay, over time

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

Cornwall: 7.9 years of payWest Devon: 7.5 years of pay
Years of median pay needed to buy the average home in Cornwall and West DevonCornwall now 7.9, West Devon now 7.5 years of pay.0×2.5×5×7.5×10×20052010201520202025Years of median pay needed to buy the average home in Cornwall and West DevonCornwall now 7.9, West Devon now 7.5 years of pay.0×2.5×5×7.5×10×20052010201520202025
Show the figures
YearCornwallWest Devon
20059.4 years of pay–
20108.6 years of pay–
20158.6 years of pay8.4 years of pay
20208.6 years of pay9.2 years of pay
20257.9 years of pay7.5 years of pay

In 2015 a home cost 8.6 years of pay in Cornwall and 8.4 years in West Devon. In 2025 it was 7.9 years and 7.5 years.

How rents have changed in each area

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

Cornwall: 147West Devon: 139
Rents in Cornwall and West Devon since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Cornwall now 147, West Devon now 139.100120140160201620182020202220242026Rents in Cornwall and West Devon since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Cornwall now 147, West Devon now 139.100120140160201520202025
Show the figures
YearCornwallWest Devon
2015100100
2016101102
2017103104
2018106106
2019109107
2020112109
2021114113
2022119116
2023127119
2024133130
2025143136
August 2026147139

In 2015 the average rent was £678 a month in Cornwall and £607 in West Devon. Now it is £1,000 and £846: up 47% in Cornwall and up 39% in West Devon. Rents have risen faster in Cornwall.

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 Cornwall to West Devon

Earning in Cornwall Equivalent to buy in West Devon Equivalent to rent in West Devon
£30,000 £29,500 £24,500
£40,000 £39,000 £32,500
£50,000 £49,000 £41,000
£60,000 £58,500 £49,000

Moving from West Devon to Cornwall

Earning in West Devon Equivalent to buy in Cornwall Equivalent to rent in Cornwall
£30,000 £30,500 £37,000
£40,000 £41,000 £49,000
£50,000 £51,000 £61,500
£60,000 £61,500 £73,500
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. The pay estimate for West Devon is less reliable than most.

All Cornwall figures · All West Devon figures